Feds give financial boost to biofuel sector amid growing U.S. competition

Feds give financial boost to biofuel sector amid growing U.S. competition

Canada’s biofuel industry is welcoming a proposed multi-billion dollar package of financial support from the federal government, although concerns remain about whether it will be enough to compete with lucrative subsidies south of the border and reverse the growing dependence on U.S. imports to meet clean fuel regulations. The federal government is committing $1.27 billion toward … Read more

Calls for Stricter Regulations on Biofuels Imports Intensify Amid Palm Oil Fraud Concerns

Calls for Stricter Regulations on Biofuels Imports Intensify Amid Palm Oil Fraud Concerns

In the wake of increasing concerns about fraudulent practices within the biofuels industry, calls for tighter regulations on imports are gaining momentum. Investigations indicate that a significant portion of the imported “used” cooking oil, a key component of biofuels, may be falsely labelled, highlighting potential loopholes in the supply chain as demand for biofuels outpaces … Read more