Feds’ Clean Fuel Standard Drives Concerns Over Design, Cost, Implementation
New hurdle demands further adaptation for carbon-intensive sectors already under duress
News Analysis
The feds’ latest weapon in their war against carbon emissions is the clean fuel standard (CFS). However, considerable concern is being raised about its implementation, cost, and synchronization with other climate change policies, which if not handled well might deal a heavy blow to the Canadian economy.
The CFS’s track record for emissions reduction has been shown to be dubious. However, its biggest benefit might end up being its incentivizing clean energy innovation, with California as a possible guide.