Winnipeg, MB — Canada's recently published Clean Fuel Standard (CFS) has potential to increase long-term domestic demand for Canadian canola as a feedstock for diesel-based biofuels, while lessening farmers' reliance on export markets.
"With the CFS, biofuels are expected to play a major role in helping Canada achieve its clean energy targets," says Steve Pratte, Policy Manager at Canadian Canola Growers Association (CCGA). "This has the potential to create domestic demand for canola equivalent to the export market demand of Japan or possibly even greater."
The proposed CFS ensures that the current level of diesel biofuel demand is maintained by continuing the 2%... (read more)