The Canadian Clean Fuel Regulations (CFR) is a national clean fuel program which started July 1, 2023. The goal of Canada’s Clean Fuel Regulations is to reduce the carbon intensity of the fuel used in Canada, specifically a 15% reduction in average carbon intensity from 2016 emissions by 2030. The CFR are similar to programs that have been implemented already in California, Oregon, Washington and British Columbia, however, Canada shows leadership as the first country in the world to adopt a clean fuel program at the national level.
The CFR's aim is to achieve carbon reduction goals by setting performance standards for clean fuels and encouraging the use of lower-carbon fuels, such as electricity. The Canadian CFR are administered by the Environment and Climate Change Canada.
As a registered corporate entity in Canada, FuSE can help facilitate participation in the CFR.
1 - Use Electric or Hydrogen Vehicles in Your Fleet
Using an EV fleet or planning to upgrade? Clean Fuel Standards offer financial incentives that can help reduce the overall expenses of maintaining and operating your clean fuel-powered fleet, making sustainability a practical and economical choice.
FuSE tracks your fleet assets and energy consumption by location. If needed, we can help facilitate sub-metering installations for eligible, non-networked chargers.
3 - We Register, Report, and Monetize Your Credits
FuSE registers our partners in all state systems, manages reporting submissions, data confirmations, and all other government-interaction needed to generate Clean Fuel Standard credits.
We trade your credits on an open market to oil producers and refiners required to purchase them and leverage the best pricing by combining your credits with thousands of other fleets doing the same.
You are issued payments every quarter (in the US) or every year (in Canada). Once registered, FuSE manages the entire process. You will be issued incentive payments to help advance your fleet's sustainability initiatives.
Canadian Clean Fuel Regulations Credit Market Function
Under Canada’s CFR program, businesses will be able to earn credits by manufacturing or importing low-carbon fuels, implementing changes that decrease the carbon footprint of their fuels, or buying verified carbon offset credits. Businesses with extra credits can then sell them to other businesses that need to balance out deficits.
Using electric vehicles and equipment in operations may qualify a company for participation in the CFR. Credits can then be sold to fuel suppliers and importers who are required to comply with the standard, but have not been able to reduce the carbon intensity of their own fuels to the required level.
