Trudeau’s government has promised to limit emissions in the energy sector to ensure Canada meets its climate targets, but hasn’t yet chosen a mechanism for doing so. His government published a plan last year that modelled a 42 per cent cut in oil and gas sector emissions by 2030, which oil executives have said isn’t possible without slashing output. More draft regulations are expected to be released within weeks.
Notley said she doesn’t oppose a cap in principle, but she declined to provide her own emissions target, saying she’d consult with experts and industry on the matter.Article content Notley is expected to sweep much of Alberta’s capital city of Edmonton, while Smith is dominant in the smaller population centres and rural areas. The election will likely come down to who wins the most districts in Calgary — where many of Canada’s energy companies are headquartered.
Another of Trudeau’s signature environmental policies is a carbon tax on consumer fuels, which kicks in if a province doesn’t have an equivalent carbon price of its own. Notley said she would leave that as a federal tax, instead of replacing it with a made-in-Alberta version.To help push the oil sector to decarbonize, Trudeau has also introduced tax credits to defray the capital costs of building carbon capture systems. The credits are worth up to $12.