Sci-Tech -
News Sections
Biofuels likely a small factor in high food costs: PM
CTV News Video
|
Watch: See all Videos in the Player
The Canadian Press
Date: Thu. Jul. 10 2008 7:48 AM ET
TOKYO, Japan Prime Minister Stephen Harper conceded Thursday that biofuels are "probably'' a small factor in the rising cost of food.
But he says the rise in energy input costs is likely a far bigger factor in the rise of food prices around the world.
The Conservatives pledged in the last federal election to make all fuel contain five per cent biofuel, such as ethanol and biodiesel, by 2010.
A newly-passed law does just that.
At $2.2-billion, federal support for Canadian biofuels is the government's most expensive environmental program.
Harper last week appointed Kory Teneycke, the former executive director of the Canadian Renewable Fuels Association, as his new communications director.
Some biofuels are derived from corn, wheat and straw.
User Tools
Related Stories
Most Popular
Most Viewed News Stories
Most Talked about Stories
Perhaps they should look at reducing duties resellers must pay for products coming from the US to Canada in order to level the field? Then it would be prudent for the resellers to offer competitive pricing and good service to maintain a loyal customer base.
Email