A new generation of biofuels will play a key role in the energy transition
In February, Braya Renewable Fuels started making renewable diesel at a converted Newfoundland refinery with an initial capacity of 1 billion litres per year. Braya Renewable Fuels is shown in Come By Chance, N.L., on Oct. 6, 2020.Paul Daly/The Canadian Press
Werner Antweiler is an associate professor and chair of the strategy and business economics division at the UBC Sauder School of Business. He recently wrote the C.D. Howe Institute publication Scaling Up: The Promise and Peril of Canada’s Biofuels Strategy.
We may be entering the age of the electric car, but biofuels will still be an important tool in the fight against climate change for years to come. Most Canadian cars will run on conventional fuel for the foreseeable future, allowing Canada to take advantage of this latest generation of biofuels. By strengthening mandates, supporting innovation, developing new sustainable energy crops and negotiating fair access to U.S. markets, Canada can become a leader in the sector.
The earliest iteration of biofuels were blend-in fuels: ethanol and biodiesel, mostly made from corn in Canada. However, engine compatibility imposed blending limits. As discussed in my recent........© The Globe and Mail
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