Mr. Speaker, who is reducing greenhouse gases and reducing pollution equal to one million fewer cars? With its balanced biofuel initiatives, the Conservative government is.
We are investing in cutting edge research that is leading the world in the development of next generation biofuel technologies, turning waste into cleaner-burning renewable fuels and retaining food for consumption.
Even with a U.S. record high corn ethanol production last year, corn exports actually increased. At the end of the year, there was a 10% corn surplus.
As for cost, corn accounts for less than 5% of the price of a box of cornflakes. Farmers can sell to a local biofuel market that creates jobs and gives them fair prices.
Canada is on the right track. While the NDP members have flip-flopped and turned their backs on farmers, the Conservatives' balanced biofuel policies are a triple win for Canada: good for our environment, good for farm families, and good for our economy.