Calgary, Alberta (Feb 14, 2024)
“It is CAPP and our members’ view, following in-depth review, that the proposed amendments to the Federal Methane Emissions Regulations and the Regulatory Impact Analysis Statement (RIAS) do not represent a predictable regulatory framework that uses commercially available technology to efficiently reduce methane emissions. We recognize the merits of reducing methane emissions in an ambitious, efficient, and technically achievable way. Over the past decade the conventional upstream sector has reduced methane emissions while growing production and is on track to exceed the current federal government target of a 40 to 45 percent reduction by 2025.
The Canadian oil and natural gas sector is a global leader in methane reductions and it is the provinces that have led the way in delivering on methane targets. The provinces should continue that leadership role, recognizing the regional differences in oil and natural gas operations. The path to reach the ambitious goal of a 75% reduction can only be achieved through greater collaboration between industry, the provinces, and the federal government.
CAPP is requesting the creation of an industry-government technical working group to share expertise and develop a better approach to reach this ambitious goal.”
-Lisa Baiton, CAPP President & CEO
CAPP’s submission to the federal government here
About CAPP
The Canadian Association of Petroleum Producers (CAPP) is a non-partisan, research-based industry association that advocates on behalf of our member companies, large and small, that explore for, develop, and produce oil and natural gas throughout Canada. Our associate members provide a wide range of services that support the upstream industry. CAPP’s members produce nearly three quarters of Canada’s annual oil and natural gas production and provide more than 400,000 direct and indirect jobs in nearly all regions of Canada. In 2022 across Canada, our industry contributed $111 billion to the Gross Domestic Product (GDP) in addition to paying $45 billion in taxes and royalty payments. CAPP is a solution-oriented partner and works with all levels of government to ensure a thriving Canadian oil and natural gas industry. We strive to meet the need for safe, reliable, affordable, and responsibly produced energy, for Canada and the world. We are proud to amplify industry efforts to reduce GHG emissions from oil and gas production and support Indigenous participation and prosperity.