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]
[Source: Dow Jones Newswires via The Cattle Network]