Subsidies from U.S. Inflation Reduction Act will make it cheaper to produce fuel stateside Canada’s biofuel industry is seeing a major uptick in investment spurred on by growing global demand for biofuel and, in particular, the implementation of the country’s new Clean Fuel Regulations. In recent years, much of the investment in Canada’s biofuel sector has targeted the production of renewable diesel, a biomass-based fuel that is chemically equivalent to petroleum diesel and can either be blended with it or used as a replacement fuel. As that industry grows, so doesRead more