Industry not consulted on Alberta's plan to challenge federal emissions cap

Dan Fong, head of research of Industrials & Energy Veritas Investment Research Corporation, talks about his perspective on the Canadian oil and gas sector.

Goodman said companies need to see more detail, particularly around Smith’s suggestion that the provincial government could take exclusive control and ownership of emissions data collected at oil and gas company sites. The oil and gas industry has maintained that the proposed cap is unconstitutional and amounts to a cap on production that would severely harm Alberta and the Canadian economy.

He said he believes Smith’s proposals will come off “poorly” around corporate board tables in Calgary and be viewed as “another layer of complication and uncertainty.”

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