Thursday, 27 March 2025
Home Analysis Opinion: Business Council of Canada urges Ottawa to rethink oil and gas emissions cap
AnalysisBusinessEmissionsNatural GasOilOpinionRegulations

Opinion: Business Council of Canada urges Ottawa to rethink oil and gas emissions cap

164

Goldy Hyder, president of the Business Council of Canada, wrote an open letter to Canada’s Environment Minister Steven Guilbeault urging his government to rethink its plan to bring in an emissions cap for the oil and gas sector.

In the letter, Hyder argues: “Pursuing a sector-specific emissions policy would come at a high cost, further eroding the basis of Canada’s carbon regime and creating undue harm to the economy and the purchasing power of Canadians. There are other measures your government can and should be pursuing that would have a far greater impact on lowering emissions.”

Read the full letter originally published by the Business Council of Canada on Nov. 2, 2023.

Related Articles

BusinessElectricitySolar

Trina Solar sets world record for solar technology

Increasing cell efficiency can help reduce the size needed for solar installations...

AnalysisBiofuelsCarbon ManagementElectricityGeothermalHydrogenOpinion

How will artificial intelligence transform energy innovation?

Commentary from the International Energy Agency: Artificial intelligence is an innovation that...

FILE PHOTO: People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. REUTERS/Maxim Shemetov/File Photo
BusinessOilPoliticsTrade

OPEC+ likely to stick to oil output hike plan, sources say

By Maha El Dahan, Ahmad Ghaddar and Olesya Astakhova LONDON (Reuters) -OPEC+...