The Clean Fuel Standard (CFS) part of the federal government’s wider suite of policies intended to reduce GHG emissions and help achieve Canada’s Paris Agreement commitments.
It is designed to reduce the amount of lifecycle emissions associated with each unit of liquid fossil fuel (e.g. gasoline, diesel, and heavy fuel) burned in Canada. Between 2022 and 2030, the CFS sets annual, incrementally increasing carbon intensity (CI) reduction requirements for liquid fossil fuels consumed in Canada. The goal is to reduce emissions by a projected 20.6 megatonnes annually by 2030.
Conceptually, the CFS is fairly simple to grasp, but its policy design and implementation details are not so straightforward.
This report provides an overview of the Clean Fuel Standard, assesses the implications and impact of the legislation for Alberta, defines the various issues and concerns for Alberta businesses, and recommends solutions to ensure the standard works for industry.