Canadian Renewable Fuels Association (CRFA)

Canadian Renewable Fuels Association (CRFA)

November 30, 2010 08:00 ET

Advanced Biofuels in Canada-The Future is Now

New Report Card: Canadian Industry Delivers on the Economy & Environment

OTTAWA, ONTARIO--(Marketwire - Nov. 30, 2010) - The release today of a report card on the Canadian renewable fuels industry shows that ethanol and biodiesel in Canada are delivering tangible economic and environmental results. It also shows that Canada is "now leading the way in the development and commercialization of advanced biofuels, which promise even greater benefits for our economy and our environment."

The report card released by the Canadian Renewable Fuels Association, entitled "Growing Beyond Oil – Delivering Our Energy Future," is the first national comprehensive review of the state of the homegrown biofuels industry.

"From new jobs to lower GHGs, the current Canadian biofuels sector has more than delivered on its promise," stated Gordon Quaiattini, President of the Canadian Renewable Fuels Association. "We are now uniquely positioned to become a world leader in advanced biofuels production and the commercialization of next generation, advanced biofuel technologies. For advanced biofuels in Canada – the future is now."

The report card shows that in the last five years, $2.3 billion has been invested in the construction of new biofuel production facilities across the country representing almost 2.0 billion litres per year in domestic production capacity.

The construction of biofuels facilities created approximately $3 billion in economic activity. The biofuels sector also expanded the tax base at the local, provincial and federal levels by $1.5 billion per year.

Homegrown Canadian biofuels have an equally significant environmental impact. On a life-cycle analysis, ethanol in Canada reduced GHGs at a rate of 62% compared to traditional fossil fuels, while biodiesel reduced GHGs by a remarkable 99%.

The Canadian industry is poised to commercialize no fewer than four next generation technologies in ethanol, as well as several biodiesel advancements. Beyond that a diversity of advanced biofuels are taking shape. For example, Canada's forestry sector is poised to become a world leader in diverting biomass from wood-waste and by-products to create renewable fuels. Similarly, a variety of other technologies show promise in the production of biofuels derived from such diverse biomass feedstocks as corn cobs, switchgrass, straw, municipal waste and algae.

In order to capitalize on the advanced biofuels opportunity the CRFA is calling on the federal government to establish a new Interdepartmental Working Group on Advanced Biofuels to include senior-ranking officials from the key federal government departments with Cabinet oversight. This group would serve as a focal point for policy development and coordination within the federal government, allowing for enhanced accountability and a sharper focus on policy outcomes.

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