Environment Minister Steven Guilbeault has unveiled the federal government’s oil and gas emissions cap, which will cut emissions in the sector by at least one-third by 2030.
“A promise we took to the Canadian people in the 2021 election was to put a cap on the amount of pollution from Canada’s oil and gas sector, and reduce it at a pace and scale needed to reach carbon neutrality in Canada by 2050. And unlike almost every other sector of our economy, pollution from the oil and gas sector is still going up,” Mr. Guilbeault said during a press conference on Dec. 7 from the United Nations Climate Change Conference (COP28) in Dubai.
Natural Resources Minister Jonathan Wilkinson said Ottawa is proposing to set the oil and gas cap at 35 to 38 percent below 2019 levels in 2030. “This is an important part of Canada achieving its goal of a 40 to 45 percent reduction across the economy by 2030. We certainly intend to consult on this approach in the coming months,” he said.
Mr. Guilbeault said the emissions cap on oil and gas would “establish a pathway to carbon neutrality by 2050” and help to “unlock the kinds of job-creating projects that will guarantee the industry’s record profits are…
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