OTTAWA—Ross Linden-Fraser, Research Lead at the Canadian Climate Institute’s 440 Megatonnes project, made the following statement in response to the federal government’s announcement that it is finalizing regulations that will reduce methane emissions in the oil and gas industry 72 per cent by 2030:
“Reducing methane emissions from the oil and gas sector is a cost-effective solution and Canada’s new regulations are a climate policy win that supports economic competitiveness.
“Methane is a powerful greenhouse gas and there are many ways companies can make significant reductions in emissions using existing technologies. In fact, Canada’s oil and gas sector has already made substantial progress cutting methane emissions roughly in half over the past decade. In addition, many Canadian companies are already leaders in methane detection and mitigation.
“We look forward to an effective equivalency agreement being concluded between the federal and Alberta government to ensure the level of reduction committed to by the federal government today—72 per cent by 2030—is achieved.
“The final rules will also reduce methane emissions from landfills, which is an important additional step forward to address this powerful pollutant.”
RESOURCES
- Insight | How oil and gas methane emissions were cut in half in under a decade
- Insight | Finalizing Canada’s oil and gas methane regulations would be an easy win for climate progress
CONTACT
Krystal Northey (Mountain Time)
Lead, Public Affairs
Canadian Climate Institute
(226) 212-9883
About the Canadian Climate Institute
The Canadian Climate Institute is Canada’s leading climate change policy research organization. The Institute produces rigorous analysis, economic modelling, and in-depth research focused on incentivizing clean economic growth and low-carbon competitiveness, reducing emissions and accelerating Canada’s net zero energy transition, and making our economy and infrastructure more resilient to a warming climate.
