Canadian Renewable Fuels Association (CRFA)

Canadian Renewable Fuels Association (CRFA)

December 20, 2006 11:46 ET

Federal Action on Ethanol & Biodiesel Good for Farmers, Good For the Environment

SASKATOON, SASKATCHEWAN--(CCNMatthews - Dec. 20, 2006) - The Canadian Renewable Fuels Association today applauded new federal government action on the Renewable Fuel Standard to require ethanol and biodiesel blended fuel in Canada.

"This is the best type of Christmas announcement. It sets solid targets and gives farmers a chance to benefit from the growing renewable fuels industry year-after-year," said Robin Speer, Director of Public Affairs for the Canadian Renewable Fuels Association. "This is a good day for farmers and a good day for the environment."

The Government of Canada today announced the regulation to require 5% renewable content in gasoline by 2010 and a 2% renewable content in diesel and home heating fuel by no later than 2012. They also announced a capital grant program to encourage farmer participation.

Renewable fuels such as ethanol and biodiesel are a real, measurable and practical way to reduce greenhouse gas emissions from transportation and are a valuable new market for grain and oilseeds grown by our farmers.

"We will continue to work with the government in the new year to reduce tax rates paid by renewable fuels producers to a level competitive with those found in other countries", added Mr. Speer. "This is necessary to ensure renewable fuel required to reach the government's stated targets is produced here in Canada."

Contact Information

  • Canadian Renewable Fuels Association
    Shelly Thrasher
    (416) 304-1324
    or
    PvF Consulting
    Phil von Finckenstein
    (613) 889-1530