The 2009 Annual Biofuels Country Report for Australia has been recently released by the Global Agricultural Information Network (GAIN) of the United States Department of Agriculture (USDA). Among the highlights of the report are: (1) Australia is a net energy exporter; it has uranium resources (estimated at 38% of global uranium resources) and reserves of black/brown coal to last between one hundred to five hundred years, (2) As in many countries, the drivers for Australia's interest in biofuels are the volatility in conventional energy prices and climate change, (3) many proposed ventures for biofuel production using locally produced grain have been shelved due to grain supply shorages, lack of venture capital, and the global financial crisis, (4) The Australian biofuels industry is still considered to be in the "infancy stage", with a reported production of only 0.5% of gasoline consumption and 1% of diesel consumption, (5) each state has different policies of mandatory ethanol blends into gasoline: New South Wales is targeting a 10% ethanol blend in gasoline by 2011, Queensland at 5% by 2011, Western Australia and Victoria at 5% by 2010, while Tasmania, Northern Territories, and South Australia remain uncommitted. The full report is available at the USDA-GAIN website..