Clean fuel standards allow companies to get both tax credits and sell carbon credits

Canada’s new emissions standards for gasoline and diesel will allow oil companies that get a federal tax break for installing carbon capture and storage systems to generate credits based on those systems, which they can then sell to refineries and fuel importers.

Gasoline and diesel suppliers can meet the new emissions standards for the two fuels in multiple ways, including buying credits from other companies that produce renewable fuels, build electric vehicle infrastructure or reduce emissions when fuels are extracted. The Canadian Fuels Association says it has long supported the Clean Fuel Standard because it helps companies plan and invest in low-carbon technologies, but wouldn’t comment on the final version of the regulations until the government officially releases them.

Still earning your share of 600 million I see, you're absolutely disgusting.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Coalition warns of 'death knell' to cryptocurrency industry under proposed tax law changesProposed changes to the Excise Tax Act could shut cryptocurrency companies out of an GST/HST input tax credit that benefits the traditional mining sector. cnockaert_j Why is she walking alone with a mask on when she felt perfectly safe participating unmasked in a pride parade. This gov is all about the show. cnockaert_j A currency that for periods of time winked that it's principle advantage was to avoid observation, making it so payment for services could go unchecked & unobserved, is now upset criminal exchanges might be able to be tracked & money trails followed? cnockaert_j A currency that for periods of time winked that its principle advantage was to avoid observation, making it so payment for services could go unchecked & unobserved, is now upset criminal exchanges might be able to be tracked & money trails followed?
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