California’s proposed amendments to its Low Carbon Fuel Standard have sent shockwaves through Canada’s canola sector. The amendments suggest a 20% cap on biomass-based diesel production from canola and soybean oil. This could severely limit market opportunities, affecting Canada’s canola processors who heavily rely on the U.S. market.
The industry fears this shift towards electric vehicles and away from biofuels could hinder environmental progress. Concerns over a lack of scientific basis for the cap are growing ππ
