Canada pulling back from biofuels after rural development push fails

July 29, 2013 |

In Canada, financial and policy support for biofuels are set to wane after farmers failed to invest in their production other than at a small-scale. The country has an E5 and a B2 policy, none of which can be met without imports from the US. The mandate has succeeded in increasing grain prices for farmers but not to the extent required for them to investment themselves, so without the rural development aspect of the policy, the government is pulling back from financial supports and will let the industry develop on its own.

Category: Fuels

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