Canada oil industry group calls for changes to anti-greenwashing laws

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Competition Bureau Nachrichten

Oil And Gas Sector,Canadian Association Of Petroleum Producers,CAPP

The Competition Bureau is developing guidance on how companies should interpret recent changes to Canada's Competition Act after backlash from the oil and...

- The Canadian Association of Petroleum Producers on Thursday urged the country's Competition Bureau to make changes to anti-greenwashing legislation passed earlier this year, and repeated calls for recent amendments to the law to be scrapped entirely.The Competition Bureau is developing guidance on how companies should interpret recent changes to Canada's Competition Act after backlash from the oil and gas sector.

The amendments to the Competition Act require companies to show proof of their environmental claims, but the fossil fuel industry says it carries the threat of significant penalties while not offering clarity on how to comply.Canada is the world's fourth-largest crude producer. The federal government is pushing the oil and gas sector, the country's highest-polluting industry, to cut emissions that have climbed in recent years.

"We are unconvinced that any guidance brought forward by the Competition Bureau can provide Canadian businesses with the confidence to openly discuss their environmental goals and progress."These included ensuring the new rules applied equally across all industries and a better definition of how companies' environmental claims will be assessed.Super Micro Computer, Inc.

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