By Drew Spoelstra, Executive Member, OFA
Since the initial announcement of the Clean Fuel Standard (CFS) Regulatory Framework in 2017, the Canadian government has prepared to implement a Clean Fuel Standard to reduce annual greenhouse gas emissions and lower the full lifecycle carbon intensity of fuels used in industry, transportation, and buildings.
With a Clean Fuel Standard in place, fuel producers and suppliers can help meet reduced carbon obligations and earn compliance credits by lowering the Lifecycle Carbon Intensity of fuels. One example of how they may do this is by supplying low carbon-intense fuels such as ethanol in gasoline or biodiesel in fuel.
The Ontario Federation of Agriculture (OFA) believes the implementation of CFS regulations can result in better pricing opportunities for Ontario farmers by creating significant growth in the Ontario crop markets while working towards a healthier, more sustainable climate.