ICE ICE Baby -- BC invests in Biofuels through ICE Fund
The BC Government announced today that it will invest $10 million through the Innovative Clean Energy (ICE) Fund process to support the production of liquid biofuels with demonstrated low greenhouse gas (GHG) emissions.
The ICE Fund, which was introduced in 2007’s B.C. Energy Plan, was created to accelerate the development of new energy technologies to help BC move towards greater energy self-sufficiency and it's financed by a levy on electricity, natural gas, fuel oil and piped propane.
Eligible projects for today's Call for Applications for Liquid Biofuels from Biomass will include those applying both conventional and second generation technologies. All projects have to demonstrate that the fuel will result in significant GHG emissions reductions (at least 60%) relative to conventional petroleum-based fuels.
The closing date for applications to the Call for Applications for Liquid Biofuels from Biomass will come quickly -- it's just over a month away at 2:00 pm Pacific Standard Time on January 7, 2009.
For more information, click on the links below:
