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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

Canada takes a swing at cutting oil and gas carbon emissions

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.
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canada oil and gassoil & gas industrypollutionliberalsoil and gas sector

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