CANADIAN PARLIAMENT SUPPORTS NEW BIOFUEL BILL
June 1st, 2008
BY KEITH NUTHALL
THE CANADIAN parliament has approved a bill that allows its federal government to require a 5% average biofuel content in petrol used in Canada by 2010. It can also require 2% average biofuel content in diesel and heating oil by 2012. The law follows Canada's 2007 budget earmarking CDN$2 billion in subsidies over seven years, supporting biofuel production.
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THE CANADIAN parliament has approved a bill that allows its federal government to require a 5% average biofuel content in petrol used in Canada by 2010. It can also require 2% average biofuel content in diesel and heating oil by 2012. The law follows Canada's 2007 budget earmarking CDN$2 billion in subsidies over seven years, supporting biofuel production.
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