
Pembina Institute Explains Need For Emissions Cap On Oil And Gas Sectors
Roy L Hales/Cortes Currents - According to Environment and Climate Change Canada, the oil and gas sector is a major contributor to Canada’s economy, employing 182,000 people and generating $209 billion in GDP during 2023, yet it is also the source of 31% of Canada’’s Greenhouse gas emissions. “Demand for oil and gas is not going to go to zero tomorrow. It is a transition that takes decades to undergo. There will be a role for oil and gas as we move forward along that transition, but it is likely to be a cleaner oil and gas sector as the rest of the world stops buying the oil and gas products…
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