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Canadian Prime Minister Builds on His Biofuel Promise

The Canadian Renewable Fuels Association today applauded Prime Minister Harper for the new ecoENERGY for Biofuels program, which will deliver $1,5 billion in operating incentives to Canadian producers of renewable fuels such as ethanol and biodiesel.

"With today's announcement the Prime Minister delivered on his pledge to make renewable fuels a national priority," said Jeff Passmore, spokesperson for Canadian Renewable Fuels Association. "This is no small matter. It is a milestone achievement for Canada."

The ecoENERGY for Biofuels commitment of $1.5 billion coupled with the government's new requirement for 5% renewable fuels content in gasoline by 2010 will:

Revitalize farms and rural communities across the country. From wheat and canola farmers in the west, to corn and soy bean farmers in the east. Twenty new world-class biofuels facilities are expected to create over 14,000 new jobs in rural communities, and provide a new market for over 200 million bushels of Canadian grains and oilseeds.

Improve the environment by reducing green house gases. Using Natural Resource Canada calculations, the new measures will reduce green house gases emissions by more than 4.2 mega-tonnes, which is the equivalent of taking over 1 million cars off the road each and every year.

Improve energy diversity. All drivers across Canada benefit because of increased fuel diversity and the cost savings such diversity can bring.

"Renewable Fuels are no fad. They are no passing fancy. They represent a global transition to new forms of energy that Canada, with today's announcement, is now joining," added Passmore. "Renewable fuels, such as ethanol and biodiesel, are the future of growth and prosperity in agriculture."

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