As the federal government moves to tighten regulations on methane emissions, new assessments suggest the amount of the potent greenhouse gas escaping into the atmosphere has been significantly underestimated.
The two countries released long-awaited plans to further slash methane emissions from oil and gas operations, in keeping with last year’s pledges to rein in emissions by 2030.
North American oil and gas producers are awash in cash, thanks to a global energy crisis that pushed oil prices above US$100 per barrel earlier this year, contributing to high inflation.
How are oil and gas companies spending their windfall? - Business News castanet.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from castanet.net Daily Mail and Mail on Sunday newspapers.
Oil price spike won t increase industry cleanup spending: Alberta energy minister | Energeticcity ca energeticcity.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energeticcity.ca Daily Mail and Mail on Sunday newspapers.