CAPP's Sustained Criticism of the Federal Emissions Cap

CAPP has been a staunch advocate for Canada’s oil and natural gas sector—and has opposed poor policy at all turns. The proposed federal emissions cap has been no exception. We have been busy raising concerns around what could be an incredibly destructive policy.

CAPP Statement on the draft Oil and Gas Sector Greenhouse Gas Emissions Regulations

“After reviewing the draft emissions cap regulations, it is CAPP’s view the federal government’s approach will directly limit Canada’s oil and natural gas production, significantly infringing on provincial jurisdiction. No government should pursue such value-destroying and patently unconstitutional legislation. This is a federal production cap under the guise of an emissions cap and well outside of federal jurisdiction.

Canada is facing an affordability crisis and a decelerating economy along with the looming threat of a 25 percent tariff from our largest trading partner. Canadians cannot afford to have another layer of policy proceeding that will further deter investment into one of the country’s foundational economic sectors, which would result in less jobs, less opportunities for businesses, less revenues for governments, and a lower standard of living for Canadians.

CAPP and its members do not see an oil and gas emissions cap as an appropriate tool for addressing greenhouse gas emissions. We support market-driven solutions that deliver emission reductions at the lowest cost to Canadians while encouraging investment and growth in Canada’s economy.

Continuing to advance this unconstitutional regulation will only serve to create more uncertainty for oil and natural gas and overall business investment in this country. CAPP does not believe this legislation should proceed any further and is calling on the federal government to halt its progress and focus on ensuring the government continues to operate for Canadians during this time of uncertainty.”

Lisa Baiton, CAPP President & CEO

For more information, click the Draft Oil and Gas Sector Greenhouse Gas Emissions Cap Regulations Letter to the right

Draft Oil and Gas Sector Greenhouse Gas Emissions Cap Regulations Letter

Select CEO social posts and events

Select speeches critical of the emissions cap

The Benefits of North American Energy Interdependence

Highlights

When it comes to the oil and natural gas industry, the relationship between Canada and the USA is far more than a simple economic relationship or trading partnership. Combined, Canada and the USA produce about 30% of the world’s natural gas, and 25% of the world’s oil – and we’re just scratching the surface of our collective continental potential as a global energy superpower.

At this important moment in time, Canada should be actively pursuing energy policy alignment with the USA. First we need to align on the goal: we should do absolutely everything in our power to protect and preserve the Canada-USA energy partnership, as it underpins energy security for the western world.

Canada needs to be eyes-wide-open on domestic policies that threaten our energy partnership with the USA. Canada’s proposed emissions cap will not only be a cap on Canadian oil and natural gas production, it will actually lower Canadian production, thereby lowering the availability of Canadian energy to the USA and to the rest of the world.

Read here

Putting Prosperity for Canadians First

Highlights

What we have working in our favour is that despite a decade of counter-productive energy and environmental policymaking, Canada’s economic foundation as a resource-rich nation remains intact.

It’s clear the natural gas and oil industry is delivering significant benefits today for Canadians and British Columbians. But I believe we are just
scratching the surface of our energy advantage – and B.C. is central to
reaching our potential as an energy superpower.
To achieve our full potential, we need to stand together against domestic policies that hurt our competitiveness. We need to get our own house in order, and we simply cannot afford to be illogically or ideologically dogmatic in the face of growing geopolitical volatility and a rapidly evolving bi-national trade context with the United States.

Read here

CAPP’s President & CEO Lisa Baiton has delivered nearly 30 public speeches this year, most have included critiques of the proposed emissions cap. However, because of recent amendments made to the Competition Act through the passing of Bill C-59, CAPP had to remove those speeches, along with all content discussing emissions reduction and performance by the oil and natural gas industry, from our website.