November 09, 2022
Finance Canada’s new Investment Tax Credit Missing a Tool in its Emission Reduction Toolbox
On November 3rd, 2022, the federal government released the 2022 Fall Economic Statement (FES). The statement outlines the state of the Canadian economy and provided key details on promises made in Budget 2022.
Specifically, the FES provided details on programs designed to spur investment in Canada’s clean fuels sector which has needed support to attract investment after the passage of the American Inflation Reduction Act (IRA) which was signed into law by President Joe Biden in August of this year. The IRA contains massive investments and tax credits designed to spur growth in the green economy in the U.S.
July 11, 2022
The newly released Clean Fuel Regulations are a step forward, but there is still work to be done to decarbonize gaseous fuels
Last week, Environment and Climate Change Canada released the Clean Fuel Regulations (CFR); filling a key mandate promise from Prime Minister Trudeau after nearly five years since the regulations were first circulated in a discussion paper. The finalized CFR is a key component of Canada’s ambitious climate plan, and part of a multi-pronged approach to achieving Canada’s climate targets by 2050. The CFR aims to gradually reduce the lifecycle carbon intensity of liquid fossil fuels energy used across the country, working to achieve 20 million tons in annual reductions in greenhouse gas (GHG) emissions by 2030, towards a path to net-zero emissions by 2050. The Regulations, alongside existing plans like the Emissions Reduction Plan and Canada’s recent commitment to the Global Methane Pledge are part of an integrated approach to practically and effectively reducing GHG emissions across all emission-heavy sectors while also contributing to energy security, carbon mitigation, air quality and sustainable industry in the long-term.
May 24, 2022
Everything you need to know about Carbon Offset Systems for Biogas & RNG
The recent report, Hitting Canada’s Climate Targets with Biogas & RNG, identified the optimal policy mix for leveraging biogas & RNG to meet Canada’s climate goals is a renewable gas mandate combined with a carbon offsets system that allows credits to be generated for the destruction of methane in landfills and agriculture.
April 20, 2022
Budget 2022: What it means for Biogas & RNG
Budget 2022 covers a lot of ground with focuses on making life more affordable, investing in economic development, and investing in the clean economy. On April 7th, 2022, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, tabled her second federal budget, Budget 2022: A Plan to Grow Our Economy and Make Life More Affordable. Here are five key areas that are relevant for biogas & RNG:
March 30, 2022
Everything you need to know about a Renewable Gas Mandate
A renewable gas mandate is a regulation that requires natural gas distributors to gradually replace conventional natural gas with renewable substitutes like renewable natural gas (RNG), low-carbon hydrogen and synthetic gas. As such, it is an effective tool for decarbonizing conventional natural gas systems. This could be a particularly useful tool in Canada, where almost two thirds of Canadians count on natural gas for energy needs, but where conventional natural gas also accounts for 160 Mt of greenhouse gas pollution, or more than one fifth of Canada’s total.
