REGINA, Sask. — Saskatchewan has introduced a Renewable Diesel Act, which will require diesel fuel sold in the province to contain 2% renewable content beginning July 1, 2012.
“This is an excellent start in developing the renewable diesel industry in Saskatchewan,” Enterprise Minister Jeremy Harrison announced yesterday. “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.”
The legislation was naturally lauded by the renewable fuels industry.
“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.”
Renewable diesel producers will benefit from $26 million in funding over the next five years as part of the legislation.
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