Emissions Cap

Report by Deloitte suggests emissions cap not possible without oil, gas production cuts

by

Canadian oil and gas companies facing a federally imposed emissions cap will decide to cut their production rather than invest in too-expensive carbon capture and storage technology, a new report by Deloitte says. The Alberta government-commissioned report — a copy of which was obtained by The Canadian Press — aims to assess the economic impact … Read more

Emissions cap could cost oil and gas sector $75B in lost investment: CAPP

by

A new report commissioned by an industry lobby group on the federal government’s proposed emissions cap stirred up strong reactions from both oil and gas supporters and environmental groups on Monday. The report, by S&P Global Commodity Insights, was commissioned by the Canadian Association of Petroleum Producers to examine the impact of various proposed emissions-reducing … Read more