Muswellbrook Council has voted to support continuing talks about using ratepayers funds to back a proposed ethanol plant in the shire.
Biofuel company Ethtec already has approval for an $11.9 million dollar grant from the Federal Government for the pilot project, but a Chinese investor has pulled out of plans to provide the rest of the money.
Muswellbrook Council is considering providing a $10.4 million grant as replacement funding.
However, not all councillors are comfortable with the idea, with some questioning whether council should be spending ratepayers funds on a speculative project.
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| Biofuel company Ethtec wants to build an ethanol plant at Muswellbrook Picture; ethtec.com.au |
