Trudeau Pledges Oil Emissions Cuts

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Canadian Prime Minister Justin Trudeau pledged to begin reducing carbon emissions from the oil and gas sector in 2025 in a climate platform released ahead of the country's federal elections on Sep. 20. Canada's oil and gas industry needs to cut emissions “at a pace and scale needed to achieve net-zero [emissions] by 2050, with five-year targets starting in 2025,” the Liberal party platform reads. The platform does not set a rate of reductions from the sector, however, nor does it establish a baseline for the five-year targets. The oil and gas sector made up about 26% of Canada’s overall emissions in 2019, according to government statistics. Transport, electricity and heavy industry -- all of which rely heavily on oil and gas -- collectively made up another 44%. The platform also calls for expanded use of electric vehicles and requiring half of the passenger vehicles sold in Canada in 2030 to be electric.

Topics:
Security Risk , Low-Carbon Policy, Electric Vehicles
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