kicked in Saturday, meaning some Canadians may pay more for gas at the pump, experts warned.
The regulations only target gasoline and diesel refiners and importers, rather than directly affecting consumers like carbon pricing does. These industries are required either to generate their own credits by reducing their own emissions or buy credits from other sources. “The Clean Fuel regulation applies came into force July 1 and it covers gas and diesel,” Bob Larocque, president and CEO at Canadian Fuels Association, told Global News. “And you have to reduce the carbon intensity.”The overall life cycle of crude oil — from producing, processing, transporting and using gasoline and diesel — is called carbon intensity, he explained.
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