GFM Network News


A view of Imperial Oil’s Strathcona fuel refinery from the North Saskatchewan River. (Imperial Oil photo via BusinessWire)

Imperial Oil lays out Alberta renewable diesel plan

Company would use 'locally grown' canola, soybean oils

Reuters — Imperial Oil, one of Canada’s biggest oil producers and refiners, on Wednesday outlined a plan to process vegetable oil into renewable diesel at its 191,000-barrel-per-day Edmonton-area refinery. The project, which still requires final approval, is part of majority-owner Exxon Mobil’s goal of producing more than 40,000 barrels per day of low-emissions fuels by

Finance Minister Chrystia Freeland arrives to a news conference prior to delivering the budget in the House of Commons in Ottawa on April 19, 2021. (Photo: Reuters/Blair Gable)

Federal budget to offer direct payments to farmers for carbon pricing

Other new 'green growth' funding also on deck

The federal government’s 2021 budget offers up new spending to support farmers combatting climate change through targeted investments — and, in some cases, direct payments. Finance Minister Chrystia Freeland released the budget Monday, showing the majority of new spending will take place over three years and be largely focused on “green growth.” “Budget 2021 announces


Environment Minister Jonathan Wilkinson, with Infrastructure Minister Catherine McKenna (l) and Heritage Minister Steven Guilbeault (r), speaks at the Dominion Arboretum in Ottawa on Dec. 11, 2020. (Photo: Reuters/Blair Gable)

No credit expected for farmers’ past work in new carbon market

Work on protocols for specific projects to begin this spring, department says

Draft regulations for Canada’s new carbon market show Canadian farmers won’t receive credit for removing any greenhouse gas emissions (GHG) from the atmosphere prior to 2017. Federal Environment Minister Jonathan Wilkinson on Friday announced the offset market, to be known as the Federal Greenhouse Gas Offset System. A 60-day public consultation period on draft regulations

(Natt Boonyatecha/iStock/Getty Images)

U.S. oil refiners press on renewable diesel for Canadian market

Few such projects seen moving forward within Canada

Winnipeg/New York | Reuters — U.S. oil refineries are moving aggressively to produce renewable diesel, partly to cash in on Canada’s greener fuel standard before Canadian refiners modify their own plants. Canadian Prime Minister Justin Trudeau’s government intends to present its Clean Fuel Standard this year, aiming to cut 30 million tonnes of emissions by