With regard to the Clean Fuel Standard and Clean Fuel Regulations: (a) what is the estimated cost of compliance for fossil fuel suppliers; (b) what is the difference between the cost of compliance per tonne of emissions reductions through the Clean Fuel Standard compared to the cost per tonne of emissions reductions through the government’s market-based carbon pricing plan; and (c) what is the estimated increase in price borne by liquid fuel consumers (industry users and households) under (i) the Clean Fuel Standard, (ii) the carbon pricing plan between now and 2050, (iii) cumulatively?
In the House of Commons on January 31st, 2022. See this statement in context.