Government of Canada invests in biodiesel

In an effort to reduce carbon emissions and further renewable energy solutions, the Canadian government is to invest up to CA$18.79 million (€14 million) in Biocardel Quebec, a biofuels plant producing biodiesel and glycerol located in Richmond, Quebec, through its ecoENERGY for biofuels programme. The investment will span over a seven-year period.

Speaking about the investment, the minister of natural resources Christian Paradis said: ‘By investing in this project we are helping to create and sustain local jobs and economic opportunities while creating a healthier environment for all Canadians.’

The Biocardel Quebec plant will use animal fat and waste cooking oil to manufacture around 40 million litres a year of biodiesel, which will then be sold to Quebec-based diesel producers, in addition to producers located in the US.

‘We are very pleased with the government of Canada’s support. It will help to secure the future of our biodiesel production,’ commented Biocardel Quebec’s president Rene Delarus. ‘Biocardel’s production of biodiesel and our R&D work in algal biofuels and recovery of by-products will help to reduce greenhouse gas emissions while promoting a sustainable environment.’

This CA$18.79 million investment is part of a $1.5 billion investment by the Canadian government that will take place over a total of nine years.

Learn more about the Canadian biofuels market at upcoming Bioenergy International Canada expo & conference from 28-29 September at the Coast Plaza hotel, Calgary, Alberta.

Key speakers include Lorri Thompson, Oil, gas and alternative energy division, Environment Canada, Government of Canada, Paul Koehler, Vice President, Corporate Development, Pacific Ethanol, Matthew J. Griswold, President, Blendstar Terminals, Jim Ireland, President, Prairie BioGas, Greg Luli, VP of R&D, Cobalt Technologies, Scott Brittenham, CEO, Clean Energy Capital and many more.

Full information on this event can be found at www.biofuelsinternationalexpo.com/canada

The conference delegate fee is only CA$990 or CA$500 for just one day.

Register online now at http://www.biofuelsinternationalexpo.com/canada/conf_register.html or contact Margaret Garn for further details: +44 208 687 4126 margaret@biofuels-news.com