QSA's Holiday Break in Oil & Gas (Issue #11, 2024)
Canada releases early emissions estimates; Saskatchewan methane agreement; Nova Scotia electricity emissions equivalency; Offshore renewable energy regulations; Energy statistics update.
Start Date: 2024-12-14
End Date: 2025-01-03
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Canada's Early Greenhouse Gas Emissions Report Shows Progress
The Government of Canada released an early summary of its 2023 greenhouse gas emissions estimates, showing a reduction to 694 megatonnes, a 6 megatonne decrease from the previous year. This reduction is equivalent to removing over 1.8 million cars from the road for a year. The report marks the lowest emission levels in 27 years, excluding pandemic years. The government plans to finalize pollution reduction measures in the oil and gas industry in 2025, a sector critical for meeting national climate objectives.
Sources: ['Announcements: www.canada.ca']