Biofuel organization reveals "Made In Canada" renewable fuel plan

Both diesel and regular petroleum gasoline sold in Canada will soon contain at least five percent renewable oil, the federal government committed to recently. Now, the Canadian Renewable Fuels Association (CRFA) has announced how they're going to help the country reach this goal. The CRFA's plan was developed with input from farmers, agribusiness, fuel producers and consumers, according to CRFA executive director Kory Teneycke. Unsurprisingly, the plan focuses on producing and using more ethanol and biodiesel. CRFA would like to see tax credits for producing these biofuels and "programs to encourage farmer equity investment in renewable fuels production facilities and to support emerging technologies". National standards for biofuels are also recommended. The CRFA was formed in 1994.

[Source: Dow Jones Newswires via The Cattle Network]