QSA's Week in Oil & Gas (#7, 2024)
Senate committee debates oil emissions caps; MP tweets criticize policies; StatsCan reports energy data.
Start Date: 2024-11-16
End Date: 2024-11-22
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Senate Committee Discusses Emission Caps and Industry Regulation
The Standing Senate Committee on Energy, the Environment and Natural Resources convened to examine the oil and gas industry's role in climate change. Discussions highlighted sector emissions and the need for stringent regulations, focusing on carbon capture and storage as a potential solution. Witnesses such as Simon Dyer from the Pembina Institute stressed the importance of decarbonization. Senators expressed concerns regarding subsidies, global emissions, and Canada's net-zero commitments. The session underscored the need for direct emission reductions and the potential for job creation in the transition to cleaner energy.
Sources: ['Transcripts: senparlvu.parl.gc.ca']