Canada further relaxes OBPS benchmarks, announces clean fuel standard target

Published 21:25 on December 20, 2018  /  Last updated at 15:36 on January 9, 2019  /  Americas, Canada, Carbon Taxes, RINs & LCFS  /  No Comments

The Canadian government will further relax the stringency of industry production benchmarks for certain sectors under its output-based pricing system (OBPS), the government announced Thursday, as it also revealed more information on the national clean fuel standard (CFS) beginning next decade.

*Updates with further information on OBPS and CFS regulations after ECCC posted more documents Thursday evening*

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