American oil refineries race to produce renewable diesel ahead of Canadian competition
Canadian companies face more regulatory delays than their American counterparts
American oil refineries, with shorter regulatory delays compared to their Canadian counterparts, are racing to produce renewable diesel to capitalize on Canada’s greener fuel standard before its own refineries are able to modify their plants to make it themselves.
Canadian Prime Minister Justin Trudeau’s government plans to announce its Clean Fuel Standard by the end of this year, with the ultimate goal of cutting 30 million tonnes of emissions by 2030, Reuters reported.-- More...
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