Ottawa releases draft regulations aiming to cut emissions by up to 35% below 2019 levels

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Ottawa releases draft regulations aiming to cut emissions by up to 35% below 2019 levels
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The draft rules are designed to put a clear limit on pollution from oil and gas production, the federal government says

The Canadian government on Monday released draft regulations that would cap emissions of greenhouse gases from the oil and gas sector by 35 per cent from 2019 levels, slightly less than initially envisaged.

The Liberal government had initially said it wanted the energy industry – Canada’s highest-polluting sector – to cut emissions by up to 38 per cent from 2019 levels by 2030. Monday’s news release made no mention of 2030. “The proposed regulations work by setting a cap on greenhouse gas pollution within the sector, equivalent to 35 per cent below 2019 levels,” the release said.The energy industry and oil-producing provinces say the regulations are in effect a production cap that will kill jobs and cut tax revenue.

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