Emissions cap could cost oil and gas sector $75B in lost investment: CAPP

Emissions cap could cost oil and gas sector B in lost investment: CAPP

A new report commissioned by an industry lobby group on the federal government’s proposed emissions cap stirred up strong reactions from both oil and gas supporters and environmental groups on Monday. The report, by S&P Global Commodity Insights, was commissioned by the Canadian Association of Petroleum Producers to examine the impact of various proposed emissions-reducing … Read more

Canada’s oil and gas emissions cap is here. How does it work? – National

Canada’s oil and gas emissions cap is here. How does it work? – National

Canada will cap emissions from the oil and gas sector and require those to drop by at least one-third by 2030, according to a draft framework released by the federal government on Thursday. Canada’s emissions cap, which will follow a cap-and-trade model, aims to limit emissions from the oil and gas sector at 35 to … Read more