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Ross McKitrick: Ottawa’s Clean Fuel Standard Is Overkill in Your Tank

February 4th 2021
The objective of the Clean Fuel Standard is "to achieve up to 30 million tonnes of annual reductions in greenhouse gas emissions by 2030," It is complementary to other policies and expenditures under the Pan-Canadian Framework on Clean Growth and Climate Change, such as the CO2 tax. The government is currently developing regulations for liquid fuels first, to be followed by gaseous and solid fuels. The proposed liquid fuel regulations are to be published in the fall of 2020, finalized in late 2021 and come into force in 2022.

In a Financial Post article Ross McKitrick describes a cost-benefit analysis of the CFS by LFX Associates. The CFS would require blending of all fossil fuels with biofuels and other low-carbon sources to slightly reduce the amount of CO2 produced per unit of fuel consumed. The LFX study found that even using the maximum estimated social cost of carbon, Canadian businesses will pay $6 in CFS compliance costs for every $1 of environmental benefits achieved, will lead to a job loss of approximately 30,000 and put $22 billion of capital at risk of leaving the country. Any emission reduction effects would be completely offset by an increase in the size of the population.

As Dr. McKitrick argues: "The CFS is driven by unthinking adherence to a net-zero mantra that says all emissions must be eliminated regardless of cost."


See article
https://financialpost.com/opinion/ross-mckitrick-ottawas-clean-fuel-standard-is-overkill-in-your-tank

See Clean Fuel Standard
https://www.canada.ca/en/environment-climate-change/services/managing-pollution/energy-production/fuel-regulations/clean-fuel-standard.html

See cost-benefit analysis
https://www.lfxassociates.ca/uploads/4/8/0/8/4808045/20200925_assessment_of_cfs.pdf


Friends of Science
https://friendsofscience.org/

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