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Clean Fuel Standard To Be Introduced By Federal Government

We don't know many details about what next week's throne speech in Ottawa will contain, but one thing is clear.
 
It will include details about something the federal Liberals have been talking about for years, and are planning to set in motion this fall. It's called the clean fuel standard, or CFS, for short. Federal ag minister Marie Claude Bibeau sent out a tweet on the weekend saying farmers stand to benefit from the CFS by increasing demand for biofuels and create new markets for their crops.
 
Some critics say the clean fuel standard is nothing more than another federal carbon tax, only this time, hidden from view. The National Post reports that instead of charging the user at the pump or when they turn on their furnace, the producer will be charged depending on the level of carbon produced. Companies that purchase that fuel will be dinged and those costs will be passed onto consumers. The prime minister hinted weeks ago, this would be a "green" throne speech. Environmental groups said last week, this is the last chance for Justin Trudeau to prove to them, he's a climate change leader.
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Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”

Video: Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”


After a week of a U.S./China trade truce, markets/trade is skeptical that we have not seen a signed agreement nor heard much from China or seen any details. There are rumors that China is buying soybean futures & not the physical. Trust in Trump?
12 MMT of U.S. soybean purchases by China by year-end is better than 0 but we all need to give it more time and give it a chance to unfold. China did lower the tariffs on Ag and is buying U.S. wheat and sorghum.
U.S. supreme court could rule against Trumps tariffs, but the Trump administration does have a plan B.
U.S. government shutdown is now the longest in history at 38 days.
But despite a U.S. government shutdown we will be getting a USDA November crop report next Friday and it could be “game changing.” If the USDA provides a bullish surprise with lower U.S. corn and soybean yields and ending stocks that are lower than expected both corn and soybean futures will break out above their ceilings at $4.35/bu and $11.35/bu respectively.
The funds continued their selling in live and feeder cattle futures on continued fears that the Trump administration want to lower U.S. beef prices. The fundamentals have not changed, only market psychology has.
Stocks markets continue to worry about a weak U.S. job market, but you can blame ChatGPT for that. In the future, we will have a more efficient, productive and growing economy with a higher unemployment rate until we have more skilled AI workers.
After 34 new record highs in the S & P 500 and 124 new records in the NASDAQ in 2025 we are back to a correction and investor profit taking as AI valuations may have gotten too stretched near-term ahead of NVDA’s 3rd quarter earnings announcement on Nov. 19th. But this is not an AI bubble.
75% of Tesla shareholders approved a $1 trillion pay package for Elon Musk!
It has rained in South America in the last 7 days, but both the American and European models agree that Central Brazil remains dry in the next 14-days!