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National Observer
29-07-2025
- Business
- National Observer
Canada's Conservatives can't quit their grocery price politicking
For the better part of the last three years, Conservative politicians blamed rising food prices on the federal carbon tax. Elect them, they promised voters, and they'd eliminate the dreaded policy and the pressure it was putting on household budgets. Never mind, for the moment, that all objective assessments of the issue showed that the carbon tax had a negligible impact on food prices — just 0.8 per cent according to a 2024 paper by University of Calgary economists Jennifer Winters and Trevor Tombe. For Conservatives, the lie was just too politically powerful to give up. They still haven't let it go, even after Mark Carney repealed the consumer carbon tax on the way to winning April's election. Now, their focus is on the federal Clean Fuel Standard, a policy that requires refiners to gradually lower the carbon intensity of gasoline and diesel — and will increase their cost by anywhere from 6 to 17 cents per litre, depending on estimates, by the end of the decade. 'The Liberal government is again burdening farmers and producers with expensive fuel taxes while pretending Canadians won't notice the rising costs at the grocery store,' Conservative agriculture critic John Barlow said recently in a statement. If federal climate policy was actually driving up grocery prices you'd see a meaningful divergence in food price inflation between Canada and the United States, where there has never been a carbon tax. Instead, American consumers are feeling the same inflationary pressures as we are, ones that helped elect Donald Trump last November. It's the same story in Europe and the United Kingdom, where rising grocery prices are also a problem that Canada's carbon tax — or, sure, Clean Fuel Standard — can't explain. But, then, it's never actually been about explaining the real root cause of food price inflation for Canada's Conservative politicians and pundits. Instead, it's about keeping their voters angry at the government. In their apparently limitless zeal for falsely correlating food prices and federal policy, Barlow and his Conservative colleagues are ignoring the fact that Clean Fuel Standard creates meaningful economic opportunities for businesses that produce biofuel feedstocks like corn, wheat, barley, and canola — you know, farmers. That's because, more than anything, they need their own voters to ignore what's actually driving up their grocery bills: climate change. The role of climate change in driving up prices isn't a secret to anyone who actually pays attention to the data, never mind the cost of things like olive oil, chocolate and coffee beans, but it's worth reiterating all the same. A recent study led by the Barcelona Supercomputing Center shows that global spikes in the cost of staples like potatoes, rice, onions, lettuce and fruit are linked to rising incidences of extreme heat, drought and rainfall. As the Wall Street Journal 's Joseph Hoppe noted in his story on the report, 'vegetable prices in California and Arizona jumped 80 per cent on year in November, 2022 after extreme drought, while Ethiopian food prices rose 40 per cent in March 2023 following a drought the year prior.' As lead scientist Maximillian Kotz said during a recent media briefing, 'What we found is very strong evidence that abnormally high temperatures drive increases in the price of food and overall inflation, and that therefore, under future climate change, with heat extremes intensifying, we're going to be expecting to see more and more of these kind of increases in consumer price indexes.' That's not just bad for household budgets here in Canada. Rising prices and growing scarcity will create opportunities for scapegoating and demagoguery in food-insecure parts of the world, where the impact of climate change is already felt most acutely. As University of Texas research professor Raj Patel told the National Post 's Laura Brehaut, you can draw a straight line between bread riots in Mozambique in 2010 and the wildfires in Russia that decimated its major agricultural regions. 'These are the kinds of arcs that we need to be looking for when we understand climate change,' Patel said. 'Because climate change isn't just, 'Oh, it's hot outside.' Climate change is always freighted with a political valence.' Climate change is a far bigger contributor to food price inflation than federal climate policies in Canada. At some point, even the most blinkered Conservative partisan is going to have to face up to this politically inconvenient truth. In some respects, it could probably stand to be freighted with even more political valence in Canada right now. Yes, we have more pressing near-term concerns to deal with, whether it's Donald Trump's repeated threats or the consequences they will have on jobs and investment in our economy. Maslow's hierarchy of needs still abides, and it informs our politics to an extent that is not properly appreciated. But with its growing impact on day-to-day concerns like food prices, extreme weather, and rising insurance costs, climate change is moving down that hierarchy at record speed. At some point, the political cost of ignoring those concerns will become so great that even anti-climate Conservatives will have to start taking them seriously.
Yahoo
12-05-2025
- Business
- Yahoo
Green Methanol Market worth $11.18 billion by 2030 - Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., May 12, 2025 /PRNewswire/ -- The report "Green Methanol Market by Feedstock (Biomass, Green Hydrogen, CCS), Derivative (Formaldehyde, Dimethyl Ether & Methyl Tert-Butyl Ether, Gasoline, Methanol-to-Olefin, Solvents), Application (Chemical Feedstock, Fuel), and Region - Global Forecast to 2030", green methanol market is projected to grow from USD 2.59 billion in 2025 to USD 11.18 billion by 2030, achieving a CAGR of 34.0% during that period. This growth is driven by a rising focus on reducing greenhouse gas emissions and addressing climate change, which is increasing the demand for green methanol as a sustainable alternative to traditional fossil fuel-derived methanol. Additionally, government policies that promote renewable energy usage and aim to decrease greenhouse gas emissions are further fueling investment and expansion in the green methanol market. Browse in-depth TOC on "Green Methanol Market" 170 – Tables50 – Figures200 – Pages Download PDF Brochure: From 2025 to 2030, the biomass segment will be the largest, by volume, in the green methanol market. The biomass segment is a rapidly growing component of the green methanol market, leveraging a range of organic materials such as agricultural residues, forestry waste, and municipal solid waste. Biomass is a renewable resource that can be replenished consistently, ensuring a reliable supply for methanol production. Furthermore, government incentives for using renewable resources like biomass make the production of biomethanol economically attractive. Compared to other renewable sources, such as hydrogen derived from electrolysis, biomass is often a more cost-effective feedstock. By application, the fuel segment will be the fastest growing in the green methanol market from 2025 to 2030. The transportation sector, especially shipping, requires low-carbon alternatives to comply with strict emissions regulations. Green methanol is emerging as a sustainable substitute for conventional fossil fuels. The International Maritime Organization (IMO) has implemented regulations aimed at reducing greenhouse gas emissions, which has increased interest in green methanol as a marine fuel due to its lower emissions compared to traditional bunker fuels. Additionally, government incentives and subsidies for green fuels are promoting the adoption of green methanol as a primary alternative fuel in various applications, including vehicles and ships. Green methanol is a leading option in the transition to a sustainable and low-carbon energy future. Request Sample Pages: North America is the leading region in the green methanol market. North America leads in the green methanol market in terms of CAGR, driven by regulatory support such as Canada's Clean Fuel Standard and the US Renewable Fuel Standard. Technological advancements, such as Carbon Clean Solutions' MTJet™ for sustainable aviation fuel, and significant industry collaborations, such as those of Methanex and Gevo Inc., further boost growth. Government funding and incentives, along with growing adoption in the maritime and aviation sectors, underscore the region's commitment to sustainable energy solutions. Additionally, investments in carbon capture and utilization technologies and the integration of green methanol with hybrid electric systems enhance its appeal across various industries, positioning North America at the forefront of the global green methanol market. Request Customization: Leading global green methanol manufacturers include Enerkem Inc. (Canada), Carbon Recycling International Inc. (Iceland), Methanex Corporation (Canada), Proman (Switzerland), and Södra (Sweden). Get access to the latest updates on Green Methanol Companies and Green Methanol Market Size Browse Adjacent Market: Green Bio Chemicals Market Research Reports & Consulting Related Reports: Methanol Market - Global Forecasts to 2030 Green Hydrogen Market - Global Forecasts to 2030 Biopolymers Companies Kaolin Companies Fuel Additives Companies About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter , LinkedIn and Facebook . Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC.1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Website: Logo: View original content: SOURCE MarketsandMarkets Sign in to access your portfolio
Yahoo
12-05-2025
- Business
- Yahoo
Green Methanol Market worth $11.18 billion by 2030 - Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., May 12, 2025 /PRNewswire/ -- The report "Green Methanol Market by Feedstock (Biomass, Green Hydrogen, CCS), Derivative (Formaldehyde, Dimethyl Ether & Methyl Tert-Butyl Ether, Gasoline, Methanol-to-Olefin, Solvents), Application (Chemical Feedstock, Fuel), and Region - Global Forecast to 2030", green methanol market is projected to grow from USD 2.59 billion in 2025 to USD 11.18 billion by 2030, achieving a CAGR of 34.0% during that period. This growth is driven by a rising focus on reducing greenhouse gas emissions and addressing climate change, which is increasing the demand for green methanol as a sustainable alternative to traditional fossil fuel-derived methanol. Additionally, government policies that promote renewable energy usage and aim to decrease greenhouse gas emissions are further fueling investment and expansion in the green methanol market. Browse in-depth TOC on "Green Methanol Market" 170 – Tables50 – Figures200 – Pages Download PDF Brochure: From 2025 to 2030, the biomass segment will be the largest, by volume, in the green methanol market. The biomass segment is a rapidly growing component of the green methanol market, leveraging a range of organic materials such as agricultural residues, forestry waste, and municipal solid waste. Biomass is a renewable resource that can be replenished consistently, ensuring a reliable supply for methanol production. Furthermore, government incentives for using renewable resources like biomass make the production of biomethanol economically attractive. Compared to other renewable sources, such as hydrogen derived from electrolysis, biomass is often a more cost-effective feedstock. By application, the fuel segment will be the fastest growing in the green methanol market from 2025 to 2030. The transportation sector, especially shipping, requires low-carbon alternatives to comply with strict emissions regulations. Green methanol is emerging as a sustainable substitute for conventional fossil fuels. The International Maritime Organization (IMO) has implemented regulations aimed at reducing greenhouse gas emissions, which has increased interest in green methanol as a marine fuel due to its lower emissions compared to traditional bunker fuels. Additionally, government incentives and subsidies for green fuels are promoting the adoption of green methanol as a primary alternative fuel in various applications, including vehicles and ships. Green methanol is a leading option in the transition to a sustainable and low-carbon energy future. Request Sample Pages: North America is the leading region in the green methanol market. North America leads in the green methanol market in terms of CAGR, driven by regulatory support such as Canada's Clean Fuel Standard and the US Renewable Fuel Standard. Technological advancements, such as Carbon Clean Solutions' MTJet™ for sustainable aviation fuel, and significant industry collaborations, such as those of Methanex and Gevo Inc., further boost growth. Government funding and incentives, along with growing adoption in the maritime and aviation sectors, underscore the region's commitment to sustainable energy solutions. Additionally, investments in carbon capture and utilization technologies and the integration of green methanol with hybrid electric systems enhance its appeal across various industries, positioning North America at the forefront of the global green methanol market. Request Customization: Leading global green methanol manufacturers include Enerkem Inc. (Canada), Carbon Recycling International Inc. (Iceland), Methanex Corporation (Canada), Proman (Switzerland), and Södra (Sweden). Get access to the latest updates on Green Methanol Companies and Green Methanol Market Size Browse Adjacent Market: Green Bio Chemicals Market Research Reports & Consulting Related Reports: Methanol Market - Global Forecasts to 2030 Green Hydrogen Market - Global Forecasts to 2030 Biopolymers Companies Kaolin Companies Fuel Additives Companies About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter , LinkedIn and Facebook . Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC.1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Website: Logo: View original content: SOURCE MarketsandMarkets Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-03-2025
- Automotive
- Yahoo
WA lawmakers consider raising carbon standards for fuel
The Brief Washington legislators are considering stricter carbon standards for car and truck fuels. Supporters argue the standards are necessary to protect the environment. Opponents argue that prices at the gas pump are already too high, and this will only make them higher. OLYMPIA, Wash. - Lawmakers are considering stricter carbon standards for fuels used in cars and trucks. Supporters of the move argue the state needs to step up to support the environment, while opponents say the changes would increase already high prices at the pump. Similar to the Climate Commitment Act, Washington's Clean Fuel Standard sets targets over time to reduce carbon emissions from transportation fuels, with a marketplace of credits and deficits for fuel producers who are below and above the standards. Dig deeper Among the provisions in House Bill 1409, carbon reduction targets under the program would be accelerated and increased. The current goal is to reduce carbon emissions from transportation fuels to 20 percent below 2017 levels by 2038, with the legislation bumping it up to 45 percent. At a hearing in the Senate Environment, Energy and Technology committee on Wednesday, prime sponsor Rep. Joe Fitzgibbon, D-West Seattle, said the standard needs to be updated to promote continued development of clean fuels while meeting the state's climate goals. "I think the experience we have of the first couple years of this program shows that we can handle a little bit stronger target and that that's necessary to achieve the increases in clean fuel production that I would hope to see," he told the committee. Staff with the Department of Ecology testified that the development of alternative fuels, like renewable diesel, had increased since the standard was enacted in 2021. Though that has presented some challenges. What they're saying "The rapid pace of development has led to an oversupply of credits in the program, resulting in a low credit price," said Ecology staffer Joel Creswell. "This market imbalance results in less of an incentive for companies to continue to invest in decarbonization and newer technologies, which in turn threatens the health of the credit market." Supporters of the program changes said Washington should follow states like Oregon and California, who have toughened their standards in response – directing activity away from the Evergreen State. "There's going to be a market imbalance on the West Coast," said Leah Missik, Acting Washington Director for environmental advocacy group Climate Solutions. "We're not going to have the same amount of fuels coming into our state, or even the production incentives in our state that others would. And so we want to make sure that we're not falling behind." One business group argued the Clean Fuel Standard in its early stages currently has a minimal impact on transportation fuels, but that will change over time. "As the program and its stringency increases — both as originally projected under this program, and under this new bill — those costs are expected to increase further," testified Peter Godlewski with the Association of Washington Business. By the numbers GasBuddy data shows Washington has the third-highest average gas prices in the country, with prices in the state consistently above the national average over the last two years. And tariff threats encompassing Canadian oil would not help prices at all. The Western States Petroleum Association said Washington tax and program costs, like the Climate Commitment Act, already add about a dollar to the price of a gallon of gas. They argue the proposed Clean Fuel Standard change could add on anywhere from four to 25 cents. "I think it's really important that you guys take a look about what the fuel affordability is and take responsibility for that – for all of the decisions that you're making as policy makers for tax and program cost changes," said Jessica Spiegel, northwest region vice president for WSPA. It is currently unclear when the bill could be voted out of committee. Albert James is a television reporter covering state government as part of the Murrow News Fellowship program – a collaborative effort between news outlets statewide and Washington State University. The Source Information in this story comes from original reporting by Murrow News Fellow Albert James. Here's where Seattle renters are relocating 74-year-old skier dies after fall at Stevens Pass Body cameras capture struggle during Pierce County DUI arrest Seattle's Capitol Hill Block Party announces 2025 lineup, changes to event Could Bryan Kohberger's autism defense for capital murder set a precedent? To get the best local news, weather and sports in Seattle for free, sign up for the daily FOX Seattle Newsletter. Download the free FOX LOCAL app for mobile in the Apple App Store or Google Play Store for live Seattle news, top stories, weather updates and more local and national coverage, plus 24/7 streaming coverage from across the nation.
