Truckers Want Limits on Biodiesel
by Dana Flavelle (The Star) Canadian truckers say new biofuel requirements for diesel that come into effect July 1 will cost taxpayers $2.5 billion over the next 25 years and do little to curb greenhouse gas emissions.
Similar to earlier legislation that required fuel makers to add ethanol to gasoline, Ottawa will require diesel fuel to contain an average of 2 per cent biofuel materials.
But with sources of biofuels, such as canola oil, fetching record high prices, the Canadian Trucking Alliance says it fears the new mandate could mean even higher prices at the pumps.
…The biofuel industry disputes the truckers’ views. Citing the impact of adding ethanol to gasoline, the Canadian Renewable Fuels Association said it has helped keep prices down, reduced Canada’s dependence on imported oil and provided employment in rural areas. READ MORE and MORE (Financial Post)