These funds will help GreenField Ethanol in our committed vision to help broaden Canadian’s fuel choices through the use of innovative technologies and disciplined leadership. They will also result in an important investment that contributes to greater workplace opportunity for the Tiverton community, said Robert Gallant, President and CEO of GreenField Ethanol.
This funding will help create local jobs and economic opportunities for local businesses, both of which are more important than ever given the current global recession. In the long run, increasing our supply of cleaner fuels will also reduce greenhouse gasses and contribute to a healthier environment for all Canadians. said Ben Lobb, Member of Parliament for Huron-Bruce, Canada.
Grain-based ethanol compared to gasoline, can trim down greenhouse gas (GHG) emissions by up to 40% on a lifecycle basis. For biodiesel, the emissions reduction can be as much as 60%.
The Government of Canada under the ecoENERGY for Biofuels program will spend a total of $1.5 billion over nine years to encourage the development of a strong, competitive renewable fuels industry in Canada.
