I was reading about a bio-diesel plant auction occuring in Tennessee this March. This plant had a good start up in 2008, but due to the U.S. credit crunch and feedstock cost increases, couldn't make a go of it.
Will the Renewable Fuel Standard in the U.S. rectify this? Some think so. This U.S. program is increasing the volume of renewable fuel required to be blended into gasoline to 7.5 billion gallons by 2012.
Do we need a program like this in Canada? Let me know what you think.
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