New Climate Plan: Emissions From Oil and Gas Industry Need To Be Cut 42% By 2030

Canada’s new climate plan says that the oil and gas sector will have to cut greenhouse gas emissions by 42% by 2030 if the country wants to meet its new goals.

In the House of Commons today, Steven Guilbeault, Canada’s Environment Minister, put forward a plan to cut emissions. He said that by the end of the decade, electricity emissions will be almost zero, however, it will take some time before we see real progress in the transportation sector.

According to the government’s net-zero emissions law, the new plan is a legislated requirement.

For Canada’s goal of reducing emissions by 60% by 2030, it combines economic and emissions modelling to determine which projects are most cost-effective and achievable.

The oil and gas industry has increased its carbon footprint by 20% since 2005, accounting for more than a quarter of Canada’s total emissions. Transportation accounts for 25% of current emissions and had a 16% increase.

Original source material for this article taken from here