Canada should announce an aggressive cap on oil, gas emissions: environmental groups
The Trudeau government indicated earlier this year that it would impose a cap on greenhouse gas emissions from the oil and gas sector in order to enable Canada to meet its 2030 emissions reduction target.Story continues below advertisement
The government has not yet indicated what the allowable level of emissions will be, but Environment Minister Steven Guilbeault said recently the cap will be announced in “a matter of months.” The federal government has previously stated it believes Canada’s oilpatch is capable of reducing emissions by 31 per cent below 2005 levels by 2030, or 42 per cent below 2019 levels.A consortium of Canada’s largest oilsands companies has said that time frame is too ambitious. They have said they will get to net-zero emissions by 2050, but can only achieve a 30 per cent reduction from current levels by 2030.
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