In the long term Canadian regulations should adjust to OIE rules in 2014. Why 2014? Because it is the date on which we found the last cow here, plus 11 years.
In Quebec Levinoff-Colbex has analyzed the construction of a co-generation plant. It would cost some $50 million to build a plant able to recover all the materials with or without SRM and produce a second-generation fuel. In terms of the profitability of co-generation plants, the costs related to material disposal were higher than what it brings in currently, despite the costs. Even an additional cost of $31.70—I do not remember the exact figures—was still too high for the business to recapture its capital costs over 50 years.
These are public projects, under a SEDAC support program, a provincial-federal body, projects that allow for an accurate co-generation analysis. Co-generation was seriously analyzed through an American patent but unfortunately, it wasn't delivered for profitability reasons. A baril of oil does not cost a lot and oil is competing with co-generation. Co-generation could not be implemented, but this study was conducted in Quebec. If you want a copy, it is available; it is co-owned with the Canadian government.