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Critics weigh in on Canada's cap-and-trade framework for oil and gas sector

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Canada's proposal for a cap-and-trade plan on emissions is being met with mixed reactions, as oil and gas production remains a linchpin of the country's economy.

Oil production is predicted to jump by about 10 per cent in 2024 and reach an all-time high, according to S&P Global Commodity Insights.

Eric Sorensen looks at what industry critics and environmental advocates think about the draft regulations' potential impact.

For more info, please go to https://globalnews.ca/news/10154459/canadas-oil-and-gas-emissions-cap-is-here-how-does-it-work/

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Category
U.S. & Canada
Tags
global news, Canada economy, Alberta
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