QSA's Week in Oil & Gas (#9, 2024)
Senate discusses oil emissions; Ocean CDR examined; MP tweets on emissions cap; Capital spending down.
Start Date: 2024-11-30
End Date: 2024-12-06
Top Headlines
Main Stories
Senate Committee on Energy Addresses Oil and Gas Emissions
The Senate's Energy, Environment, and Natural Resources Committee examined the oil and gas sector's role in climate change. Parkland Corporation's Bob Espey discussed reducing carbon intensity in fuels and the need for incentives in transitioning to renewables. Cenovus Energy's Jon McKenzie pointed out economic contributions and emissions reduction efforts, expressing concerns over competitiveness impacts from emissions caps. The session covered the importance of government collaboration and the potential of carbon capture and sequestration.
Sources: ['Transcripts: senparlvu.parl.gc.ca']
