Why was the ecoABC Initiative created? How does it benefit agricultural producers?
The ecoABC Initiative was created to provide an opportunity for agricultural producers, including co-operatives, to diversify their economic base and participate in the biofuel industry through equity investment/ownership in biofuel production facilities. As well, ecoABC will help achieve the federal government’s goal of achieving an average of 5% renewable content (for example ethanol) in gasoline by 2010 and a 2% renewable content in diesel fuel and heating oil by 2012.
