https://outline.com/kqhgdg The federal government is preparing to release new “clean fuel†regulations that will push up the cost of gasoline and other fossil fuels beyond the impact of the carbon tax that took effect this week.
The big winner from the regulation, at least as it relates to liquid fuels, will be ethanol and other biofuel producers who expect to see a fast-growing market for their production, especially low-carbon ethanol that is made from agriculture and forestry waste. Indeed, support for biofuel producers is one of the few areas where the federal Liberals and Ontario Progressive Conservatives are in sync – provincial Environment Minister Rod Phillips announced a provincial climate plan that would increase ethanol content in gasoline from 10 per cent to 15 per cent by 2025.
The big winner from the regulation, at least as it relates to liquid fuels, will be ethanol and other biofuel producers who expect to see a fast-growing market for their production, especially low-carbon ethanol that is made from agriculture and forestry waste. Indeed, support for biofuel producers is one of the few areas where the federal Liberals and Ontario Progressive Conservatives are in sync – provincial Environment Minister Rod Phillips announced a provincial climate plan that would increase ethanol content in gasoline from 10 per cent to 15 per cent by 2025.
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