Canada: How the government wants to deca • Table.Briefings

Steven Guilbeault, Klima- und Umweltminister Kanadas und ehemaliger Greenpeace-Aktivist — Steven Guilbeault, Canada’s climate and environment minister and former Greenpeace activist, wants to persuade the fossil fuel industry to invest its profits in decarbonization.

The Canadian government plans to encourage the fossil fuel industry to decarbonize through emissions trading. Specifically, emissions in the sector are to be reduced by 35 percent by 2030 compared to 2019. While the oil and gas industry fears lower production, environmental organizations welcome the draft.

The Canadian government recently published a draft regulation to reduce emissions from the oil and gas sector by 2030 to 35 percent below 2019 levels. Environmental organizations support the plans, although some criticize a loophole; The oil and gas industry, on the other hand, fears production losses.

Canada: How the government wants to decarbonize the oil and gas sector

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