Canada’s Budget 2007, introduced earlier this week, contains a C$500-million provision to support the commercialization of next-generation biofuels. (Earlier post.)

Iogen has been offered an US$80-million package to build the $400-million, 200-million-liter-a-year facility in Idaho, and also has potential sites in Europe, where governments are offering rich subsidies.

Iogen executives declined to comment.