Alberta boosts its biofuels industry
Beginning in 2010 Alberta will require regular fuel to contain 5% ethanol, and diesel to contain 2% renewable diesel. The blending requirements are in line with federal standards to reduce carbon emissions.
The province has set aside CA$239 million (€140 million) to support the expanded production of biofuels, which are primarily made from corn.
The Alberta energy strategy calls for the creation of a government-led body to examine policies surrounding Alberta's refining, upgrading and petrochemicals industry.
Several facilities planned for Alberta's industrial heartland near Edmonton have been cancelled or delayed in recent weeks due to lower oil prices and unsettled financial markets.