Alberta reacts to federal emissions cap on oil and gas sector
Canada’s oil and gas industry says the emissions cap framework announced by Ottawa could result in significant production curtailments by companies.
The Canadian Association of Petroleum Producers (CAPP) says the federal government’s plan to have the oil and gas sector cut its emissions by more than a third below 2019 levels by 2030 is problematic.
It says the industry is working to reduce its emissions, but Ottawa’s targeted time frame is too ambitious.
It says many of the technologies oil and gas producers hope to use to decarbonize their operations are still in the early stages of development.