Feds lay out options for oil and gas industry emissions cap - BNN Bloomberg

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The federal government is proposing to use an industry-specific cap-and-trade system to set a ceiling for emissions from the oil and gas sector.

Environment Minister Steven Guilbeault published a discussion paper on Monday that outlined two regulatory options.

The other option would impose a steeper carbon price on the sector to drive down emissions, and require provincial governments with their own carbon pricing systems to make the same changes.

 

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