07 Dec, 23

Canadian Oil & Gas Lashes Out over ‘De Facto Production Cuts’

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Canadian Prime Minister Justin Trudeau’s announcement on Thursday that the fossil fuel industry will have to slash emissions by 35% to 38% below 2019 levels beginning in 2030 has led to an industry backlash warning that this policy will result in a significant reduction of output and high energy prices for consumers.  “No sector of the economy should be allowed to emit unlimited pollution–not when we are all driving toward the same goal of net zero by 2050 to ward off the worst impacts of the climate crisis. The proposed…

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