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Ottawa set to announce cap-and-trade framework to reduce emissions in oil and gas sector

The federal government will unveil its oil and gas emissions cap framework on Thursday, a senior government official told CBC News.The framework will be implemented through a cap-and-trade system, the official said.Environment Minister Steven Guilbeault and Natural Resources Minister Jonathan Wilkinson will jointly announce the cap plan. The news was first reported by the Globe and Mail.A cap-and-trade system would allow companies to buy and trade a limited number of emissions allowances or perm

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