The Clean Fuel Regulations was registered in June, 2022 and a Canadian Clean Fuel Standard was brought into law. The CFS requires greenhouse gas reductions on a lifecycle basis, accounting for emissions from the production to the end use of the fuel. It sets lifecycle carbon intensity limits for gasoline and diesel, requiring fossil fuel suppliers to lower the carbon footprints of fuels. The regulations bring in a new carbon credit market which are predicted to spur investments in alternative low-carbon fuels and other emissions reductions projects. Your input made the clean fuel standard stronger, but it remains to be seen whether and by how much the standard will lower carbon emissions.
