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Mar 22, 2007

"GREEN" NEWS

* USA - Walmart, equipment suppliers working on hybrid fleet rollout
Bentonville,Ark,USA -Today's Trucking (CAN) -19 Mar 2007: -- The company that operates North America's second-largest trucking fleet, Wal-Mart Stores is supporting development of new hybrid technologies, developed jointly by Peterbilt Motors Co. and Eaton Corp., by helping to validate the concept and refine the final design...

* Canada - Biofuels get big play in federal budget
Ottawa,Ont,CAN -Today's Trucking -20 Mar 2007: -- Building on last year's pledge to implement a 2 percent biodiesel standard for Canadian fuel by 2012, the federal Conservatives' 2007 budget announced yesterday included $2 billion to get the aspiring renewable fuels industry off the ground... Finance Minister Jim Flaherty says the government will provide about $1.5 billion over 7 years to domestic ethanol and biodiesel producers, and create a $500 million fund for the commercialization of next generation renewable fuels technologies such as cellulose ethanol. The money will also help build new biodiesel facilities in Canada... About $200 million will also be spent to encourage farmers to invest in biodiesel production...

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