Saturday, March 18, 2006

Manitoba increases biodiesel tax incentive

From Farm Credit Canada AgriSuccess Express news letter
by Kevin Hursh


In its 2006 budget, Manitoba has eliminated all provincial taxes on pure biodiesel produced within the province. This more than doubles the province's tax incentive to spur biodiesel production.

The province is no longer collecting the road tax and provincial sales tax on pure biodiesel that meets the American Society for Testing and Materials fuel quality standard. Manitoba says the incentive will remain in place for five years to give the industry time to grow.

The removal of the taxes provides an 11.5 cents per litre advantage over regular diesel and is in addition to the four cents per litre tax break offered by the federal government. The tax advantage applies to the biofuel portion of biodiesel blends.

As part of its biodiesel action plan, Manitoba is working on the establishment of a biodiesel fuel quality testing centre. As well, it is studying the feasibility of using specified risk materials (the components of livestock remains that are restricted due to BSE) for the production of biodiesel.

Biodiesel is made from vegetable oils (canola oil is preferred due to its superior cold flow properties), as well as animal fats and/or waste restaurant grease.

There are currently two pre-commercial biodiesel production facilities in Manitoba – Bifrost Bio-Blends in Arborg and Celtic Power in Rapid City.
Source Link Here

This is good news. It isn't directly aquaculture related, it is however an important step in support of sustainable farming and resource developments. It will be a hugh step for agriculture if someday we do see biodiesel made from using specified risk materials

3 comments:

Betty Carlson said...

French farmers are looking at biodiesel production to as you can see in this post on Growers and Grocers:
http://www.wellfed.net/growersandgrocers/growgrocers.php/2006/03/23/french_farmers_look_beyond_food_producti

Interesting blog, I like blogs with real content.

Unknown said...

Thanks for the cooment and the news link...
Cheers

Unknown said...

LOL that should be comment!