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submitted 2 years ago by [email protected] to c/[email protected]

New federal clean fuel regulations, which take effect on Canada Day, are designed to cut pollution from vehicles. Although there won't be much of a change to pump prices across the country on July 1, experts say, there will be a noticeable increase several years down the road. (Kyle Bakx/CBC)

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[-] [email protected] 26 points 2 years ago

It's a good move. Canada isn't even close to hitting it's climate goals. The only way to actually hit 1.5C climate goals would be to tax carbon extremely heavily, resulting in a massive drop in quality of life. However if we and other countries don't pay that "tax", then we will pay massive interest over the next couple generations. It's a lose lose situation.

[-] [email protected] 1 points 2 years ago

I disagree. This legislation will just result in producers adding even more ethanol to gasoline, leading to more valuable farm land switching from food production to biofuels.

Canadians are struggling to feed themselves as it is, we don't need scarcity driving up costs even more.

[-] [email protected] 12 points 2 years ago

Canadians are struggling to feed themselves as it is, we don't need scarcity driving up costs even more.

Corporate profits is the reason, not supply

[-] [email protected] -3 points 2 years ago

Cool, so lets make things worse by reducing supply as well?

Really don't understand your train of thought here my dude.

[-] [email protected] 3 points 2 years ago

We over-produce so much that we have artificial limits to protect profitability. Supply is not an issue.

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this post was submitted on 01 Jul 2023
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