The Canadian government has agreed to give Suncor Energy’s (SU) St. Clair Ethanol Plant a $25 million investment to double its current production according to sustainablebusiness.com. The plant should be completed by the end of 2009 and has received equity investment from farmers totaling $12.5 million.
This will be the fourth biofuel plant funded under Canada’s ecoABC initiative. "The Government of Canada is investing a total of $2.2 billion over nine years toward the goal of reaching an average of 5% renewable content based on the gasoline pool by 2010 and 2% renewable content in diesel fuel and heating oil by 2012 and advancing next generation biofuel technologies."