Ontario government invests $1.62M to commercialize biocoal

In Canada, the Ontario government is investing C$2.25 million through the Forest Biomass Program to help CHAR Technologies commercialize biocoal, a rapidly emerging low-carbon fuel derived from forest mill by-products and underused wood. This work will develop a new supply chain for made-in-Ontario forest products, create new revenue streams to drive growth in forestry and empower heavy industries to adopt sustainable fuels. As part of its plan to protect Ontario, the government is making strategic investments to help forest sector businesses adapt, compete and grow to stay resilient in the face of U.S. tariffs.