The Canadian Renewable Fuels Association said that Canadian biofuel capacity would reach 265 Mgy this year with production at 238 Mgy. Production capacity will increase to 350 Mgy in 2009, the group said.
Last week, the House of Commons passed the C-33 Biofuels Bill, by a vote of 173 to 64, and the bill now moves to the Canadian Senate for consideration. The bill establishes an E5 mandate for gasoline commencing in 2010 and a B2 biodiesel mandate commencing in 2012.
“Natural Resources Canada’s GHGenius lifecycle model finds that the renewable fuel standard as outlined in Bill C-33 will result in a 4.2 megatonne reduction in harmful greenhouse gas emissions - the equivalent of removing over one million cars and their CO2 emissions from Canadian roads, every year” said Don O’Connor, President, S&T squared Consultants.
In Canada, a study by a University of Guelph researcher concluded that first generation biofuels are up to seven times more expensive than other methods to reduce greenhouse gas emissions, while secon...
In Canada, Suncor Energy has received $25 million in assistance from the federal government as it invests $117 million in upgrading capacity of its St. Clair ethanol plant to 105 Mgy. The company said...
In Nebraska, U.S. Canadian Biofuels reached an agreement with Home Federal Savings Bank to release enough collateral to complete construction of Beatrice Biodiesel plant. Construction had shut down af...
In Canada, Premier Dalton McGuinty said that the province will reconsider a previously announced move to a 10 percent biofuels mandate in light of rising food prices and the controversy over ethanol. ...
In Canada, Canadian Green Fuels announced that it had signed distribution contracts worth up to $20 million with FC Stone, a US-based commodities brokerage, for 10,000 tonnes of biodiesel and addition...
In Colorado, Biofuel Energy said that it had commenced shipping ethanol from its two 115 Mgy corn ethanol plants in Nebraska and Minnesota. The company said that it shipped 2 million gallons in its fi...
