Canada Considers Extending Oil Industry Emission Cuts

Canada, the world’s fourth-largest oil producer, is considering extending its schedule to cut greenhouse gas emissions from the country’s oil industry.

In an interview broadcast Saturday on CBC public radio and television, Environment Secretary Steven Gilboat said Justin Trudeau’s government knows “some of the actions it will take to achieve these deep emission reductions may take longer than we did before.” 2030″. .”

“There is a possibility that if the industry needs more time, we can provide some flexibility, ensuring that Canada continues to meet its 2030 targets,” Gilbeau added.

And last year, Trudeau’s government announced an improved plan to comply with the Paris Climate Agreement, which aims to cut greenhouse gas emissions by 40 to 45 percent by 2030 from 2005 levels.

The oil and gas industry, which accounts for more than a quarter of the country’s carbon emissions, plays an important role in achieving this goal, which has been presented as a step-by-step approach to achieving carbon neutrality by 2050.

The minister said Ottawa is ready to “give the industry more time, if needed, to develop the infrastructure needed to reduce emissions.”

Source: AFP.

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