Alternative Fuels Set For Explosive Growth Under Clean Fuel Standard

Canada's federal government does not lack ambition for its Clean Fuel Standard (CFS). First, the CFS will apply to transportation, industrial and building fuels, which is a significant regulatory expansion from principally provincial transportation fuel additives programs. Secondly, the CFS aims to achieve 30 million tonnes of annual reductions in greenhouse gas emissions by 2030.

While fossil fuel lifecycle carbon intensity improvements will form part of a compliance strategy, many of the gains will come from offset credits, including through the supply of low carbon alternatives, in part or in whole, to conventional fuels. This is where much of the action will be, both for the "Primary Suppliers" (producers/importers) and the broader alternative fuels industries.