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Report: ‘Embracing Canada’s Low-Carbon On-Road Transportation Opportunity’

The Canadian Transportation Alliance’s latest commissioned study by Ricardo Research Consulting found there is a near-term opportunity to lower the carbon intensity of on-road transportation through alternative fuels. Canada’s utilization of these fuels is far below other global markets. With the slow turnover of fleets to new technologies, gasoline continues to dominate the market; blending with renewable content is an essential path to achieving immediate carbon reductions. You can download the new report here.

Biden’s big, bold green spend sends shockwaves around the world, including Canada

U.S. President Joe Biden’s climate bill is only six months old, but its impact on the energy industry around the world continues to grow as pressure mounts on countries to offer similar subsidies toward green energy or risk losing out on valuable investment dollars. The Inflation Reduction Act is a multi-billiondollar program that pledges government dollars toward developing low-carbon energy. It could force governments around the world, including Canada, to introduce their own sweeping series of subsidies and have a much larger impact on climate change.

Renewable fuel sector could be devastated

Canada’s biodiesel and renewable diesel sectors will be obliterated by a new subsidy program in the United States unless the Canadian government responds in kind, say two lobby groups. The industry suffered a huge blow last year when U.S. President Joe Biden signed into law the Inflation Reduction Act of 2022. One of the titles of the act switches the existing blender’s credit for biodiesel and renewable diesel into a producer’s credit as of Dec. 31, 2024. The credit will range from US 20 cents to $1 per gallon, depending on carbon intensity measures.

Just transition or smart transition?

The International Labour Organization defines a just transition – a term widely used internationally – as greening the economy in a way that is as fair and inclusive as possible to everyone concerned, creating decent work opportunities and leaving no one behind. It is difficult to disagree with that. The issue with the terminology in Canada, however, seems to be less about the concept of supporting workers and more about the nature of transition itself. In this article, Rachel Samson outlines the dueling visions of the future of the global economy at the heart of the debate.