Canadian Renewable Fuels Association (CRFA)

Canadian Renewable Fuels Association (CRFA)

October 04, 2007 16:06 ET

CRFA Applauds First ecoABC Biofuels Announcement

OTTAWA, ONTARIO--(Marketwire - Oct. 4, 2007) - The Canadian Renewable Fuels Association (CRFA) today applauded Minister of Agriculture and Agri-Food, and Minister for the Canadian Wheat Board, Gerry Ritz's announcement of support for the new North West Bio Energy Ltd. ethanol project in Saskatchewan. It is the first project to receive funding under the federal government's new program, the ecoAgriculture Biofuels Capital Initiative (ecoABC).

"This is good news for Saskatchewan, good news for farmers, good news for the environment, and good news for energy diversity in Canada," said Robin Speer, Director of Public Affairs for the CRFA. "North West Bio Energy Ltd. is the first project to benefit from the federal government's commitment to build a homegrown Canadian biofuels industry."

The federal government's ecoABC Initiative gives agricultural producers an opportunity to invest in biofuel facilities. It will also help meet the new federal renewable fuel standard of having an average of 5% renewable content in gasoline by 2010, and 2% renewable content in diesel fuel and heating oil by 2012. ecoABC will help:

Revitalize farms and rural communities across the country.

From wheat and canola farmers in the west, to corn and soybean farmers in the east. Twenty new world-class biofuels facilities are expected to create over 10,000 new jobs in rural communities, and provide a new market for over 200 million bushels of Canadian grains and oilseeds.

Improve the environment by reducing green house gases (GHGs).

Using Natural Resource Canada calculations, the new measures will reduce GHG emissions by more than 4.2 mega-tonnes, which is the equivalent of taking over 1 million cars off the road each and every year.

Improve energy diversity. In an era of high gasoline prices, all drivers across Canada benefit from the increased fuel diversity and the cost savings of new biofuel production.

Contact Information

  • Canadian Renewable Fuels Association (CRFA)
    Robin Speer
    Director of Public Affairs
    (613) 295 6485