CAPP Statement: Canadian Government’s Environment and Economy Plan
December 11, 2020, Calgary, Alberta
The Canadian Association of Petroleum Producers (CAPP) is analyzing today’s announcement in detail to fully understand its implications for the oil and natural gas industry. We note the positive decision by government to limit the application of the Clean Fuel Standard to liquid fuels in response to concerns raised by Canadians as well as the business community.
New technologies and innovation, particularly those developed by the natural gas and oil industry will play a major role in ensuring Canada can meet its domestic emissions reduction goals while contributing to global emission reductions by providing lower emission natural gas and oil to world markets. We will continue to work with government to ensure that our industry can continue its environmental leadership while providing good paying jobs to Canadians, and driving the recovery of Canada’s economy.
-Tim McMillan, President and CEO, CAPP