29-03-2022 21:57 via calgary.ctvnews.ca

Emissions plan leaves oilpatch with uncertainty; cap on sector still in development

Canada's oil and gas industry is still facing uncertainty in the wake of the federal government's sweeping new emissions reduction plan. The plan tabled in the House of Commons Tuesday lays out ways the country can reach its target of cutting emissions by 2030 to no more than 60 per cent of 2005 levels. In it, the government says Canada's oilpatch can reduce emissions by 31 per cent below 2005 levels by 2030, or 42 per cent below 2019 levels. But those numbers are not necessarily the target that
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