The federal Conservative government is set to reveal another part of its clean-air strategy Wednesday with a $200-million plan to promote biofuels such as ethanol and biodiesel, industry sources say.

Environment Minister Rona Ambrose and Agriculture Minister Chuck Strahl are to announce the plan in Saskatoon, as the Conservatives seeks to upgrade their environmental credentials and prepare for the next election.

Barb Isman, president of the Canola Council of Canada, expects the government to put forward regulations requiring five per cent renewable content in Canadian gasoline and diesel fuel by 2010, as promised in the Conservative election platform.

She said the package will include a $200-million program under which farmers can obtain part ownership in biodiesel plants expected to sprout in coming years.

Wouldn’t it be neat if one of these mega investments actually generated some benefit in Atlantic Canada?

I think the Sorry Centrist was working on something about biofuels….. Maybe we can get 10 bucks to help develop a sector.