SINGAPORE, July 27 (Reuters) - Canada will likely publish the final regulations of a plan to cap and cut greenhouse gases from the oil and gas sector by mid-2024, its environment minister told Reuters on Thursday.
Canada, the world's fourth-largest oil producer, lags many global peers in tackling emissions.
Prime Minister Justin Trudeau's government sees the cap as a key element to enforce a sharp reduction in pollution from the oil and gas sector, responsible for 27% of the country's emissions.
The cap, which envisions limits on emissions or potentially raising the carbon price to incentivise driving down emissions, was first promised in Trudeau's 2021 election campaign.
So some CCS probably in the electricity sector," Guilbeault, a former Greenpeace activist, said.
Persons:
Steven Guilbeault, Justin Trudeau's, Guilbeault, it's, Sudarshan Varadhan, Susan Fenton, Bernadette Baum
Organizations:
Reuters, Glasgow Climate, CCS, Greenpeace, Thomson
Locations:
SINGAPORE, Canada, Trudeau's, Glasgow