Seven green fuel projects designed to accelerate Australia's move to low-emission transport will themselves be given a boost in a $1.7 million pilot program.
Advisory firm Cyan Ventures announced Australia's Green Fuels Accelerator on Wednesday, which will receive investment from the Australian Renewable Energy Agency (ARENA) as well as backing from Qantas and Boeing.
The announcement comes after major airlines pledged to use low-carbon fuels to reduce pollution, but also after an industry group revealed disappointing production figures for sustainable aviation fuel.
The Green Fuels Accelerator is designed to assist five low-carbon fuel projects in Queensland, one in Western Australia and another in NSW that have yet to progress to a final investment decision.
While the projects use different technologies, most plan to convert agricultural waste or ethanol into low-emission fuels for use in aviation or maritime transport.