Natural Resources Canada

Natural Resources Canada

December 21, 2011 16:00 ET

Government of Canada Invests in Clean Energy in Alberta

LETHBRIDGE, ALBERTA--(Marketwire - Dec. 21, 2011) - Canada strengthened its position as a clean energy superpower today with a Government of Canada investment that will support the production of biodiesel, sustain job creation and help stimulate the economy. Jim Hillyer, MP for Lethbridge, on behalf of the Honourable Joe Oliver, Minister of Natural Resources, announced an investment of up to $31.14 million, over six years, in Kyoto Fuels Corporation through the ecoENERGY for Biofuels program.

"Our Government is working to advance clean energy solutions and reduce greenhouse gas emissions through our ecoENERGY for Biofuels program," said MP Hillyer. "By investing in projects like this, we are helping to sustain local jobs and create economic opportunities while maintaining a healthier environment for all Canadians."

Kyoto Fuels Corporation, located in Lethbridge, Alberta, will produce up to 66 million litres of biodiesel a year. The project consists of converting vegetable or cooking oil or animal fat into biodiesel. The company intends to sell the product to diesel producers in Western Canada and the northwestern United States. The reduction of greenhouse gas emissions from biodiesel can be as much as 80 percent over regular diesel.

"Kyoto Fuels looks forward to providing quality renewable fuels through the ecoENERGY for Biofuels program, which represents a vital aspect of our ability to participate in this evolving sector of Canada's economy," said Kelsey Prenevost, President and Chief Executive Officer, Kyoto Fuels Corporation. "In addition to employing 20 well-qualified technicians, other industries such as transportation and distribution will benefit from our production."

The Government of Canada is investing up to $1.5 billion through the ecoENERGY for Biofuels program over nine years and recognizes that the increased use of biofuels contributes to reducing Canada's greenhouse gas emissions as well as creating clean energy jobs for today and in the future.

Regulations now require a five percent renewable fuel content based on the national gasoline pool and a two percent requirement for renewable content in diesel fuel and heating oil.

The following media backgrounder is available at http://www.nrcan.gc.ca/media-room/home/1784

ecoENERGY for Biofuels

NRCan's news releases and backgrounders are available at http://www.nrcan.gc.ca/media-room/home/1784

Contact Information

  • Media may contact:
    Patricia Best
    Director of Communications
    Office of the Minister
    Natural Resources Canada, Ottawa
    613-996-2007

    Media Relations
    Natural Resources Canada, Ottawa
    613-992-4447

    Kelsey Prenevost
    President & CEO
    Kyoto Fuels Corp.
    403-388-8950 or 403-795-7070

    The general public may contact:
    Mon.-Fri., 8:30 a.m.-4:30 p.m. EDT
    613-995-0947
    TTY: 613-996-4397
    (teletype for the hearing-impaired)
    questions@nrcan.gc.ca