Oil and Gas Emissions Cap Coming Thursday, Targets 2026 Start Date

Oil and Gas Emissions Cap Coming Thursday, Targets 2026 Start Date
Minister of Environment and Climate Change Steven Guilbeault speaks during a media availability on Parliament Hill in Ottawa, on Nov. 27, 2023. The Canadian Press/Justin Tang
The Canadian Press
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Canada is poised to outline a federal emissions cap on the oil and gas sector using a cap-and-trade system that would begin as early as 2026, says a federal government source.

The source, who spoke on the condition of anonymity to discuss matters not yet made public, tells The Canadian Press that a framework for the cap will be published on Dec. 7.