Climate groups welcome emissions cap, energy sector calls it 'unacceptable' bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Canada will require its oil and gas industry to cut emissions to 35% to 38% below 2019 levels in six years in what the government is calling a historic first for a major fossil-fuel producing country.Most Read from BloombergElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferAI Powers Nasdaq 100 Rebound as Tech Storms Back: Markets WrapApple Readies New iPads and M3 MacBook Air to Combat Sales SlumpHarvard, Penn Heads Walk Back Genocide Answers After BacklashBiden Mov
'Necessary,' 'unacceptable, 'punitive': Range of reaction to emissions cap bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Given that B.C. proposes its own provincial emissions cap for oil and gas, it’s not clear yet what impact the new federal caps will have on B.C.’s LNG and natural gas sector.