Clean Fuel Standard
The Clean Fuel Regulations, also referred to as the Clean Fuel Standard will require operators (primary suppliers) in Canada to reduce the carbon intensity of gasoline and diesel they produce. The reduction target set by Canada is a reduction of 3.5 grams of CO2 equivalent per megajoule (gCO2e/MJ) in 2023.
Then another reduction of 14 gCO2e/MJ by 2030. The program will utilize a credit system for compliance monitoring. There are three categories of credits available to operators that produce gasoline and diesel:
- Undertaking projects that reduce the lifecycle carbon intensity of liquid fossil fuels (e.g., carbon capture and storage, on-site renewable electricity, co-processing);
- Supplying low carbon fuels (e.g., ethanol, biodiesel); and
- Supplying fuel or energy to advanced vehicle technology (e.g., electricity or hydrogen in vehicles).
Visit the following link for more information on Clean Fuel Regulations.
If you need help or direction to make sure your measurement and reporting practices are equitable and compliant, we can help you do it right. If you’re interested in learning more on this topic, with additional questions or discussions, please send me an email waynedunnington@bluechipmrc.com.
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Until next time…
