Province, feds strike methane emissions deal
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The provincial and federal governments have come to an agreement that allows the province to remain in charge of regulating methane emissions.
In a release, the province says its methane regulation is estimated to cut more emissions by 2030 than the federal regulation and will do it at half the cost to industry.
The provincial regulation will save job creators time, money and resources while protecting jobs and keeping investment in Alberta, says the province. It adds the agreement also enables Alberta to continue building on its strong emissions management record and global leadership on environmental, social and governance performance.
“Nobody is better positioned to manage Alberta’s emissions than Alberta,” says Jason Nixon, minister of environment and parks. “Reaching a methane equivalency agreement with the federal government is a major step in our continued work to effectively reduce methane emissions, and will help job creators meet our environmental goals while saving money and avoiding unnecessary red tape.”
