Canada’s Clean Fuel Regulations present opportunities for home-grown biofuel: Senator Lewis - SenCanada.ca
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Canada’s Clean Fuel Regulations (CFR), which took effect July 1, 2023, require producers and importers of gasoline and diesel to reduce the life cycle carbon intensity of gasoline and diesel used in Canada. The regulations established a credit market; one way to create credits was to supply low-carbon intensity fuels (for example: biodiesel, other renewable diesels and ethanol).
These regulations present an excellent opportunity for refiners of low-carbon intensity fuels as well as domestic grain and oilseed producers, but the United States is the main supplier of ethanol and biodiesel in the Canadian market; in fact, Canada is the number one export market for American biofuel producers. In 2024, 73% of the Clean Fuel Regulations credits generated came from imported fuels, the majority of which came from the U. S.
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