The City of New Westminster in western Canada recently received 26.4 million Canadian dollar ($20.6 million) after selling the credits it had earned under the BC Low Carbon Fuel Standard (BCLFS).
The credits, collected between 2013 and 2020, were sold to Elbow River Marketing, a Calgary-based company that deliver fossil fuels by rail, truck, ship and pipeline. It’s also listed as a participant in the BCLFS program, and a subsidiary of Parkland Corporation, a Canadian convenience store and gas station operator.
