Government of Canada Awarding $18.79M to Biodiesel Producer
15 September 2010
The Government of Canada is delivering an investment of up to $18.79 million over seven years to Biocardel Québec Inc. through the ecoENERGY for Biofuels program.
Biocardel Québec Inc., located in Richmond, Quebec, will produce about 40 million liters (10.6 million gallons US) of biodiesel a year. The project consists of converting vegetable or cooking oil or animal fat into biodiesel. The company intends to sell the product to diesel producers in Quebec, the Atlantic provinces and possibly the United States, which will include a percentage of biodiesel in their diesel.
The award is part of the $1.5 billion over nine years that the Government of Canada is investing through the ecoENERGY for Biofuels program. The Government of Canada’s Economic Action Plan also dedicates $1 billion for the Clean Energy Fund and $1 billion for the Green Infrastructure Fund to provide additional economic stimulus.
Want to save energy and lower carbon releases at lowest costs?; use cogeneration in all buildings. ..HG..
Posted by: Henry Gibson | 15 September 2010 at 03:46 AM
And local Shale Gas people want us to switch from clean Hydro Electric to NG so they can sell what there are planning to dig out. This is going the wrong way. There's enough Hydro to go around for decades, at least till the end of the current century. Coupled with future Wind Power, NG may not even be required for 2+ centuries. (locally).
Posted by: HarveyD | 16 September 2010 at 02:01 PM