OTTAWA Canada’s climate plan has been updated. The oil and gas industry will have to reduce greenhouse-gas emission by 42 percent from the current levels by 2030 if Canada wants to meet its new targets.
OTTAWA Canada’s climate plan has been updated. The oil and gas industry will have to reduce greenhouse-gas emission by 42 percent from the current levels by 2030 if Canada wants to meet its new goals.
The House of Commons heard today that Environment Minister Steven Guilbeault has presented an emissions reduction plan. It predicts that electricity will be almost zero by the year 2000, but that real progress will take place in the transportation sector.
The plan is required under the net zero emissions law passed by the government last year.
It uses economic and emission modelling to determine the most cost-effective and feasible projects to help Canada achieve its goal of reducing emissions to 60 percent by 2030.
Canada’s total emissions are more than 25% from oil and natural gas. Since 2005, the sector’s carbon footprint increased 20%.
Transportation, which accounts 25% of current emissions has seen an 16% increase.
This report by The Canadian Press first appeared March 29, 2022.
The Canadian Press
