The CSIRO and Monash University have developed a chemical process that converts cheap, green waste into stable crude oil.
“We’ve been able to create a concentrated bio-crude which is much more stable than that achieved elsewhere in the world”, said Dr Steven Loffler of CSIRO Forest Biosciences. The process makes it practical to produce the bio-crude from low-value waste, such as forest thinnings, crop residue and waste paper on site, rather than transport bulky waste to a central processing plant. The bio-crude can then taken to a refinery for further processing to produce high-value chemicals and bio-fuels.
The products being converted are renewable, greenhouse-gas neutral and are waste products and not food crops.