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Released on April 4, 2011
The Government of Saskatchewan introduced The Renewable Diesel Act in the Legislature today that will help to grow the renewable diesel industry in the province.
"This is an excellent start in developing the renewable diesel industry in Saskatchewan," Enterprise Minister Jeremy Harrison said. "It is good for the economy, good for our environment and good for Saskatchewan canola producers. This began as a recommendation from Enterprise Saskatchewan's Board of Directors and sector team. Enterprise Saskatchewan will be meeting with stakeholders to continue consultations on related issues, as well as to finalize regulations in the coming months."
"Biodiesel is a better way to drive and an innovative way to fuel our economy," Renewable Fuels Association President Gordon Quaiattini said. "The Renewable Diesel Act will help moderate price by adding to our fuel supply, create new jobs and benefit farmers and drivers alike. The new legislation calls for fuel distributors to include two per cent renewable diesel content in diesel fuel sold in Saskatchewan as of July 1, 2012 on annual average basis. The legislation also establishes a mechanism to administer and monitor compliance of the fuel mandate."
"This provincial mandate along with the recent federal government's biofuels announcement helps to ensure that alternative energy programs and opportunities are shared initiatives across the country," Milligan Bio-Tech Inc. President and CEO Joe Holash said. "The residents of Saskatchewan should feel good about their government's decision to participate in the efforts to reduce greenhouse gas emissions in Canada."
A Renewable Diesel Program was introduced in the 2011 - 2012 provincial budget. It provides $26 million over the next five years in direct incentives to eligible renewable diesel producers.
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