Oil refiners want cost of reducing their carbon footprint rolled into N.S. pump price

Federal environment minister says the industry's record profits should cover it

CBC NewsPaul Withers

Public hearings set for Monday in Halifax will determine how much Nova Scotia consumers pay for new carbon reduction requirements imposed on oil refineries.

The reductions will start to phase in July 1, but are separate from the new federal carbon tax going into effect on the same day.

New federal clean fuel regulations require fuel producers to make gasoline and diesel cleaner by reducing their carbon footprint 15 per cent by 2030.

The industry wants the cost rolled into their regulated wholesale…

Continued...

Read the full story on the CBC website

Oil refiners want cost of reducing their carbon footprint rolled into N.S. pump price

SOURCE www.cbc.ca

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https://halifax.lokol.me/s/oil-refiners-want-cost-of-reducing-their-carbon-footprint-rolled-into-ns-pump-price-71653-8387242
CBC NewsPaul Withers, Posted: Jun 05, 2023 5:00 AM EDT | Last Updated: 1 hour ago
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