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5 Nov 2024

Federal draft rules require oil and gas sector to cut emissions 35% below 2019 levels

Author: admintech | Filed under: Finance/ Money
Minister of Environment and Climate Change Steven Guilbeault rises during Question Period in the House of Commons on Parliament Hill in Ottawa, on Thursday, Oct. 10, 2024. THE CANADIAN PRESS/Spencer Colby

The federal government unveiled draft regulations Monday that will impose a greenhouse gas cap on the oil and gas sector that limits emissions to 35 per cent below 2019 levels.