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Canada unveils its new Clean Fuels Standard, carbon price, and $2 25B in new sector investment : Biofuels Digest

In Canada, the federal Department of Environment and Climate Change Canada has focused its new Clean Fuel Standard on  liquid fossil fuels. released its updated climate and clean growth plan, A Healthy Environment and a Healthy Economy. The government said, “This is a progression in the design of the Clean Fuel Standard from its initial discussion in 2016, when it was proposed that the new measure will cover liquid, gaseous and solid fuels. “ The Standard is expected to be finalized into regulations by the end of 2021. Key provisions • Carbon pricing, set to be $50/tonne by 2022, will rise at $15 per tonne after 2022 up to 2030, continuing to return the proceeds back to households.

Government Of Canada Releases New Federal Climate Plan - Environment

To print this article, all you need is to be registered or login on Mondaq.com. The Government of Canada has released the new federal climate plan, entitled “ A Healthy Environment and a Healthy Economy – Canada s strengthened climate plan to create jobs and support people, communities and the planet” (Plan). Building on the 2016 Pan-Canadian Framework, the Plan claims it will “do more to cut pollution in a practical and affordable way than any other climate plan in Canada s history” sup>1, including to exceed Canada s 2030 emissions reduction target under the Paris Agreement and achieve net-zero emissions by 2050. What you need to know

Closing the loop: Pyrowave turns plastic into a reusable resin

PHOTO: PYROWAVE A Quebec-based start-up is coming closer to realizing a circular economy for plastics manufacturers and helping to save the planet, one yogurt cup at a time. Pyrowave has developed a technology that nukes hard-to-recycle plastic trash back into identical virgin resins. Named “One to Watch” in the global 2018 50TOWATCH clean techs, it recently caught the attention of Michelin. In the fall of 2020, the French company announced it was investing in Pyrowave’s microwave company. A Michelin executive now sits on Pyrowave’s board. The global tire manufacturer’s goal is to increase to 100% the composition of its tires made of sustainable material. Using recycled styrene produced by Pyrowave’s technology will help it do that. And Michelin’s involvement will help Pyrowave bring its technology to market faster, says Jocelyn Doucet, the company’s CEO and co-founder.

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