Where does Canada stand right now on ethanol?
According to the International Institute for Sustainable Development, Canada produced an estimated 422 million litres of ethanol in 2006 and an additional 59 million litres of biodiesel. If all planned plants are built, Canada could have a capacity to produce three billion litres of ethanol and one billion litres per year of biodiesel by 2010, according to Organization for Economic Co-operation and Development, although the group expects actual production to be about half of that. In the March 2007 budget, the federal government also committed to allocating $1.5 billion over seven years as an operating incentive to alternative fuel producers. For now the federal government continues to debate Bill C-33 and has made amendments to include the creation of a parliamentary committee just one year after the bill becomes law to assess the environmental and economic impacts of the five per cent floor.
