CRFA unveils new action plan

April 8, 2014, Ottawa, Ont. – The Canadian Renewable Fuels
Association released a comprehensive new plan for Canada's renewable fuels
industry and emerging bioeconomy.

The goal of the CRFA's new document, entitled Evolution and
Growth, is to help Canada capitalize on the sizable economic and environmental
benefits of its domestic biofuels industry and set a clear pathway forward for
continued growth and expansion.

"Canada is facing real environmental challenges but we
also have significant opportunities," said CRFA President W. Scott
Thurlow. "Our members remain focused on capitalizing on these
opportunities. As the recent past has proven, a thriving and fully realized
domestic renewable fuels industry is more than possible – it is viable and
working in Canada. Now is the time to build off this successful platform and do
even more."

The CRFA has put forward an action plan that will create a
virtual cycle of investment for Canadian innovation with three key priorities:

•     Becoming a clean
  energy superpower by investing in Canadian innovation and the bioeconomy;
•     Growing market
  access and expanding the use of biofuels; and
•     Incenting real
  environmental benefits with a fair market value for greenhouse gas emissions.

"The fledgling renewable fuel industry of thirty years
ago is a distant memory," added CRFA Chairman Scott Lewis. "Today's
producers are using Canadian-born technologies to reduce energy costs, expand
production, and move beyond fuels and into valuable co-products. The new CRFA
vision and action plan builds on this success and will ensure that Canada's
domestic renewable fuels industry continues to grow and flourish."

Successfully meeting our energy demands while at the same
time fighting and mitigating the effects of climate change requires careful and
strategic planning. CRFA's action plan includes policy recommendations for the
federal and provincial governments that would: 

1.     Establish a fair
   value for greenhouse gas reductions
2.     Support innovation
   and investment in Canada
3.     Grow market access
   and increase levels for renewable fuels
4.     Deliver modern fuel blends to consumers
5.     Increase domestic
   production and use of advanced biofuels
6.     Build a comprehensive
   bioeconomy strategy for Canada

Successful implementation of these interconnected
recommendations will help ensure Canada achieves its greenhouse gas reduction
targets and remains competitive in the global fuel and energy market.

To view the new CRFA vision document and action plan in its
entirety, please visit www.evolutionandgrowth.ca.