Canada takes a swing at cutting oil and gas carbon emissions

​A water treatment pond at the McKay River Suncor oil sands in-situ operations near Fort McMurray, Alberta, as seen in 2014.

A water treatment pond at the McKay River Suncor oil sands in-situ operations near Fort McMurray, Alberta, as seen in 2014.

REUTERS/Todd Korol
The Canadian government has launched new draft regulations requiring oil and gas producers in the country to cut greenhouse gas emissions by a third in the next eight years alongside a cap-and-trade system for the industry. The move comes two years behind schedule and is expected to be finalized by next year – assuming the Liberals are still in power.

Canada’s oil and gas industry is the country’s top pollution emitter, and critics, including Environment and Climate Change Minister Steven Guilbeault, say it’s not doing enough to reduce emissions.

The draft regulations are a step forward in the fight against climate change – and fighting words. Alberta Premier Danielle Smith, who leads a province dominated by the oil and gas industry, said she was “pissed” about the proposed regulations and vowed to challenge them in court. She also claimed Guilbealt “has a deranged vendetta against Alberta.” Predictably, the oil and gas industry also opposes the rules.

The Liberals are staking their claim on the climate file ahead of the 2025 election, which is due by October 2025. Conservative Party leader Pierre Poilievre, who is up in the polls by about 20 points, says he’ll scrap the regulations, which means the Liberal plan faces long odds against seeing the light of day.

More from GZERO Media

The concept of energy transition - the idea that one is conscious about the quantity of CO2 in the atmosphere and looking for ways to replace conventional sources of energy with lower emissions renewables - picked up steam after COVID-19. While concerns about emissions haven't gone away, priorities appear to be shifting, says Arjun Murti, partner at Veriten and founder of the energy transition newsletter Super-Spiked, on the latest episode of the podcast series "Energized: The Future of Energy" from GZERO Media's Blue Circle Studios and Enbridge. “I see no evidence that people don't always care about having reliable energy. All anyone cares about is: when I turn on my light, does it come on? If I want to go somewhere, can the car move forward?” explains Murti to host JJ Ramberg and Enbridge CEO Greg Ebel as they discuss the age of energy transition. Listen to this episode at gzeromedia.com/energized, or on Apple, Spotify, Goodpods, or wherever you get your podcasts.

National flags of BRICS countries.
Li Qingsheng/VCG via Reuters

Advocates of the BRICS have long made the case that the group could step in to lead the international system of security and investment – and the return of Donald Trump as US president with the rollout of his trade war on US friends and foes alike has given them new momentum. But are they right?

- YouTube

Is America turning into a kleptocracy or a dictatorship under President Trump, or just stuck somewhere in between? On Quick Take, Ian Bremmer breaks down why US politics is more pay-to-play than ever, but why there’s still plenty standing in the way of any would-be strongman.

The White House is seen from a nearby building rooftop in Washington, D.C. on May 4, 2023.
(Photo by Bryan Olin Dozier/NurPhoto) via Reuters

During the 2024 election campaign, US President Donald Trump made a plethora of ambitious promises to the American electorate and pledged to make them come true fast. He even suggested he’d be a dictator for a day to get them done. As he approaches the 100-day mark of his second presidency, GZERO assesses the extent to which he’s achieved his goals.

- YouTube

“We’re heading toward a substantial U.S. recession,” said Robert Kahn, Eurasia Group’s Managing Director, Global Macro.. “We may even be in one now.” That notion challenges the official economic outlook released this week by the International Monetary Fund, which was more cautious in its assessment.

Secretary of State Marco Rubio is seen as he meets with Qatari Prime Minister and Foreign Minister Mohammed bin Abdulrahman Al Thani at the Department of State in Washington DC on Tuesday, April 22, 2025. Secretary Rubio has announced a dramatic reorganization and shuttering of multiple organizations within the State Department.
(Photo by Aaron Schwartz/Sipa USA) via Reuters

Secretary of State Marco Rubio announced a reduction in State Department staff and bureaus on Tuesday as the Trump administration continues its staffing and program cuts. But some diplomats are breathing a sigh of relief.