Canada to subsidize farmers to participate in biodiesel plant
The Canadian Ministry of Agriculture and Food Industry announced a $638,599 subsidy to build a new biodiesel plant in Alberta that will cost 8 million dollars (Canadian). This aid more than doubles the 275,000 dollars Canadian farmers were already investing in the plant. This subsidy is set in the Federal Investment Initiative for Eco-agricultural in biofuels (IIEB).It seems that the Canadian government has decided to obtain results in the biofuel industry useful for farmers. The plant will not only produce 19 million liters of biodiesel annually, but officials confirm it will give part of its profits to partner farmers in order to reinforce the local community and the agricultural sector.
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[Source: Econoticias]
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TG 9:24PM (11/12/2007)
Good news and the NYTimes has a somewhat related story that shows forward leanings and finacial backing for same...
Nov 9/2007: NewYorkTimes
** And unlike making ethanol from corn kernels, these techniques do not require significant amounts of natural gas or coal. Carbon dioxide, emitted in large volume when people burn fossil fuels, is the primary culprit in global warming.
Lately, these factors have resulted in a flood of investment capital into both biological and chemical techniques for using biomass. Experts consider both approaches promising, and they say it is too early to tell which will win.
*It’s not obvious, and I don’t think it will be obvious for a very long time,* Andrew Karsner, the assistant secretary of energy for energy efficiency and renewable energy, said in Washington. His department is awarding grants to support both approaches.
Experts say it is possible that more than one type of plant will reach commercial success, with the ideal technique for a given locale depending on what material is available to convert to fuel.
Range Fuels favors pine chips and other waste from softwood logging operations, largely because there is so much of it. Logging in Georgia, for instance, leaves behind about a quarter of the tree. *Bark, needles, cones, we use all of it,* said Mr. Mandich, chief executive of Range.
Range is a privately held company whose chief scientist, Bud Klepper, has been working on the two problems, creating gas from biomass and then converting it to liquid fuel, since the 1980s. The company is heavily backed by Vinod Khosla, a Silicon Valley venture capitalist who has turned his focus to energy investments. **
http://www.nytimes.com/2007/11/09/business/09fuel.html?_r=1&oref=login
=============== NewYorkTimes.com
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Tim 9:47AM (11/12/2007)
GSPI States: Some Biofuels Add Significant Food to Your Table:
“For each bushel (60 pounds) of soybeans produced only 10 pounds of extracted oil is used in making biodiesel. The other 50 pounds (the soy meal) is used to feed the hungry of the world as one of the best high protein foods available. “
For the complete article: http://home.businesswire.com/portal/site/home/?epi_menuItemID=989a6827590d7dda9cdf6023a0908a0c&epi_menuID=c791260db682611740b28e347a808a0c&epi_baseMenuID=384979e8cc48c441ef0130f5c6908a0c&ndmViewId=news_view&newsLang=en&div=428291328&newsId=20071109005204
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