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Mark Carney will continue to screw over oil and gas producers with emissions cap, environment minister says

OTTAWA — A Mark Carney government will maintain the cap on emissions from the production of oil and gas, Environment Minister Terry Duguid said in a recent interview.

Under former prime minister Justin Trudeau, the Liberals promised in the 2021 election to cap emissions from oil and gas and began the process to regulate the cap a year later.


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And … Energy CEOs Ask Party Leaders to Declare ‘Energy Crisis’, Reduce Oil and Gas Regulations

A group of 14 energy CEOs have written a letter to all major federal parties urging them to declare an “energy crisis” in Canada and use emergency powers to relax regulations within the industry and increase production levels.

The CEOs, who represent the 10 largest oil and gas companies and four largest pipeline companies in Canada, suggest several measures to support oil and natural gas investment and “remove the barriers we have imposed on ourselves over time.”

h/t XC

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