Oil and gas industry could get more time to meet 2030 emissions targets, minister says - News Summed Up

Oil and gas industry could get more time to meet 2030 emissions targets, minister says


He says Ottawa could give oil and gas companies more time to fully meet 2030 emissions reduction targets. (Adrian Wyld/The Canadian Press - image credit)Canada's environment minister says the federal government could give oil and gas companies extra time to fully meet 2030 emissions reduction targets. That would require a 42 per cent cut in oil and gas emissions, a pace that has caused concern in that sector. Story continuesThis week the federal government also released a discussion paper floating two possibilities to fulfil its platform pledge of putting a cap on oil and gas production emissions. Either way, hitting the reductions outlined in the federal government's 2030 plan isn't feasible under current circumstances, he said.


Source: CBC News July 23, 2022 15:26 UTC



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