Farms and Fuels Alliance Welcomes Progress on Clean Fuel Regulations, Calls for Stronger Support for Canadian Ethanol

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Postmedia has not reviewed the content. by Business Wire Farms and Fuels Alliance Welcomes Progress on Clean Fuel Regulations, Calls for Stronger Support for Canadian EthanolAuthor of the article:THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountAlliance calls for minimum 1.4x multiplier for Canadian-made ethanol in final amendments to deliver a durable solution for Canadian farmers and ethanol producers.OTTAWA, Ontario — The Farms and Fuels Alliance (FFA) recognizes the government’s action to address the competitive disadvantage created by U.S. biofuel subsidies, including the 45Z production tax credit. The proposed 1.3x credit multiplier for Canadian-made ethanol is a meaningful step, but falls short of the evidence-based 1.4x minimum needed to level the playing field for domestic producers.This advertisement has not loaded yet, but your article continues below.Ethanol powers Canada’s Clean Fuel Regulations, and demand continues to grow. Yet Environment and Climate Change Canada’s latest available data shows that just 38 per cent of the ethanol used to generate credits was produced domestically. Canada should be capturing more of the economic growth its own regulations create. In Ontario alone, ethanol production accounts for one in three bushels of corn grown in the province.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againThe proposed 1.3x multiplier is a step forward, not a substitute for a durable solution. Canadian ethanol producers need a minimum 1.4x multiplier and complementary measures. Canadian ethanol remains excluded from federal production incentives, while expanded compliance flexibility risks weakening the market signals needed to attract investment and create new demand for Canadian corn.Building a stronger domestic biofuels industry hinges on supporting the farmers and ethanol producers who sustain it. We look forward to working with the government to secure a minimum 1.4x multiplier in the final amendments and deliver on its commitment to level the playing field for Canadian producers.About the Farms and Fuels AllianceThe Farms and Fuels Alliance brings together Canadian corn farmers and domestic ethanol producers in support of a made-in-Canada biofuels sector. Together, our members purchase more than 158 million bushels of locally grown corn each year, support thousands of rural jobs across Ontario and Quebec, and have built a three-decade record of supplying reliable Canadian fuel.View source version on businesswire.com: This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.