Canada's Renewable-Fuel Regulations Completed, to Take Effect on Dec. 15

Canada said it completed regulations that will require an average renewable-fuel content of 5 percent in gasoline as part of an effort to reduce greenhouse-gas emissions.

The rules will take effect Dec. 15, the government said in an e-mailed announcement today.

Canada wants to reduce greenhouse-gas emissions by 17 percent by 2020 from 2005 levels. The government will implement a requirement for 2 percent renewable content in diesel fuel and heating oil by 2012.

The two regulatory requirements, when combined with provincial regulations, will reduce greenhouse-gas emissions by the equivalent of taking 1 million vehicles off the road, according to the statement.

To contact the reporters on this story: Alexandre Deslongchamps in Ottawa at adeslongcham@bloomberg.net Irene Shen in Calgary at ishen4@bloomberg.net.

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