Alberta's environment minister said Canada's proposed oil and gas emissions cap is a stumbling block in the province's discussions with the federal government about clean-energy policies including in carbon capture and storage (CCS) needed to meet Canada's ambitious 2030 climate targets.
Canada, the world's fourth-largest oil producer, lags many global peers in tackling emissions, jeopardizing the goal of Trudeau's Liberal government to cut greenhouse gas output by least 40% from 2005 levels by 2030.
Smith also wants Ottawa to halt plans for clean electricity regulations and a "Just Transition" act, intended to retrain oil and gas workers for clean energy jobs. If Ottawa pushes through the oil and gas cap ahead of the provincial election it will get lost "in the spiral of politics," said Andrew Leach, a professor of economics and law at the University of Alberta.
Last year, a European Emissions Database for Global Atmospheric Research report showed Canada's emissions rose in 2021, and have only fallen 3% since 2005, meaning the country needs to pack nearly all its decarbonization into eight years to meet its 2030 target.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Exclusive: South Korea aims to join AI race as startup Rebellions launches new chipSouth Korean startup Rebellions Inc launches an artificial intelligence (AI) chip on Monday, racing to win government contracts as Seoul seeks a place for local companies in the exploding AI industry.
Read more »
Sympatico, Malaysia-U.K. Production Venture, Launches Authentically Asian Film, TV Slate (EXCLUSIVE)Sympatico, a production partnership combining the U.K.’s Argo Films and Malaysia’s Double Vision, is hatching a busy slate of film and TV productions that it says will be authentically Asian. “Too …
Read more »
Vice’s Explosive Andrew Tate Documentary Sells to BBC, European Broadcasters (EXCLUSIVE)The BBC has acquired Vice’s explosive documentary about controversial influencer and self-proclaimed misogynist Andrew Tate. Vice Distribution, the global distribution arm of Vice Media Group, has …
Read more »
Sundance Prize Winner ‘Fantastic Machine’ Sells Wide for Heretic, Picturehouse Takes U.K. Rights (EXCLUSIVE)Heretic has closed a raft of deals on Sundance prize-winning documentary “And the King Said, What a Fantastic Machine,” with Picturehouse Entertainment acquiring U.K. rights ahead of the film&8217…
Read more »
Exclusive: China's CNPC set to seal mega Qatari LNG deal - sourcesChina National Petroleum Corp (CNPC) is close to finalising a deal to buy liquefied natural gas (LNG) from QatarEnergy over nearly 30 years from the Middle Eastern exporter's massive North Field expansion project, three people with knowledge of the matter said.
Read more »
WSJ News Exclusive | Chevron Weighs Extending CEO Mike Wirth Past Mandatory Retirement AgeChevron is considering waiving the mandatory retirement age for Mike Wirth to let him remain CEO for longer, people familiar with the matter said
Read more »