Monday, October 26, 2009

Canadian Biofuel Production Expected to Increase

Government subsidies for renewable fuel requirements and production plants will boost biofuel production to an anticipated 76% in two years as reported by Biofuels International.

Currently produces 1.3 billion liters of ethanol and 120 million liters of biodiesel annually. Biofuel production will reach 2.5 billion liters yearly by2011. This includes 2 billion liters of ethanol and 500 million liters of biodiesel according to Gordon Quaittina, President of the Canadian Renewable Fuels Association.

Canada will mandate 5% renewable-fuel blend in petroleum by 2010 and 2% blend in diesel and heating oil by 2011.

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