ecoAgriculture Biofuels Capital Initiative

Country	Canada
Year Implemented	2007
Policy Status	In force
Date Effective	2007
Date Ended	2011
Agency	•Agriculture and Agri-Foods Canada
Funding	CAD 200 million
Policy Type	•Incentives/Subsidies   •Preferential Loans
Policy Target	•Bioenergy   •Biofuels for Transport
Policy Sector	•Transport
Size of Plant Targeted	Small and Large
Description	The ecoABC Initiative is a federal CAD 200 million four-year programme ending on 31 March 2011, that provides repayable contributions for the construction or expansion of transportation biofuel production facilities. Funding is conditional upon agricultural producer investment in the biofuel projects, and the use of agricultural feedstock to produce the biofuel. The ecoABC Initiative is delivered nationally by Agriculture and Agri-Food Canada. It is designed to provide an opportunity for agricultural producers to diversify their economic base and participate in the biofuels industry through equity investment/ownership in biofuels production facilities. As well, ecoABC will help achieve the federal government's goal of reaching an average of 5% renewable content in gasoline by 2010, and 2% renewable content in diesel fuel and heating oil by 2012.
URL	www4.agr.gc.ca/AAFC-AAC/display-afficher.do?id=1195672401464&lang=eng