Support for Cleaner Fuels – Low Carbon Fuel Standard
Using lower-carbon fuels in our vehicles is one of the easiest ways to make transportation cleaner. For drivers, it is effortless: you fill your tank the same way you always have, but generate less carbon pollution.
B.C.’s Low Carbon Fuel Standard (LCFS), which ensures a supply of cleaner fuels, has been in place since 2008, encouraging suppliers to use methods such as blending renewable with traditional petroleum-based sources to lower carbon intensity.
Under current regulations, by 2020, fuel suppliers must decrease the average carbon intensity of their fuels by 10%, compared to 2010 levels. As part of the clean growth strategy, the province is proposing to increase that requirement to 15 percent by 2030. The government could consider raising it to 20% when they review the standard again in 2020.
A number of actions could be taken between 2020 and 2030 to support this change. These include:
- tax exemptions for blends of renewable fuels,
- support in developing the commercial production of renewable and low carbon fuels in the province,
- programs for industry and fuel suppliers to promote investments in infrastructure such as renewable fuel blender pumps and storage tanks, and
- a centre of excellence for biofuels that leverages the work of the BC Bioenergy Network.
In the long term, we can produce more low-carbon fuels in B.C. and advance related clean tech industries. Commercial-scale production of clean fuels will require continued investment and research, with a renewed focus on clean synthetic fuels and converting organic materials such as forest and agricultural residues into renewable crude oil and natural gas that can be processed in B.C.
- What other options could government consider to support the long term shift to lower carbon fuels?