“CAPP will need time to fully review the new federal methane regulations before providing a more complete analysis. The upstream oil and natural gas sector requires competitive, practical, and achievable regulations to deliver Canada’s goal of becoming a global energy superpower and unlocking the growth potential of our country’s oil and natural gas resources.
The provinces have led the way in driving methane emissions reductions and we support the federal government’s commitment to working with provinces to update equivalency agreements to align with these ambitious new rules.
We look forward to working with the provinces to develop more pragmatic, efficient and equivalent regulations that enable further decreases in methane emissions while continuing to grow production to meet global demand.”
- Lisa Baiton, CAPP President & CEO