Deadline: Public consultation on capping and cutting emissions from the oil and gas sector

Deadline: Public consultation on capping and cutting emissions from the oil and gas sector

 

This past Monday, the Minister of Environment and Climate Change, Steven Guilbeault and the Minister of Natural Resources, Jonathan Wilkinson, opened consultations on a key commitment in the federal 2030 Emissions Reduction Plan: capping and cutting emissions from the oil and gas sector.

The discussion paper outlines two options to establish the cap:

  •  A cap-and-trade system under the Canadian Environmental Protection Act that sets regulated limits on emissions from the sector; and
  • Modifying the carbon pricing benchmark requirements for heavy emitters to create price-driven incentives to reduce emissions to levels corresponding to the cap.

Interested parties are invited to submit responses to the discussion paper by September 30, 2022.

Event Information

Event Date 30-Sep-2022
Location Online/En ligne
Categories Other
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