This report provides recommendations about the design and environmental ambition of regulations on greenhouse gas emissions from oil and gas production and processing in Canada.
Our starting point is that strong regulations provide clear benefits to Canadians and can help Canada play a responsible part in the global effort to tackle climate change. We also believe that strong regulations are in the best interests of the oil and gas industry: ambitious and effective regulations will increase policy certainty for producers, spur innovation, and help provide social license to operate for a sector that faces growing public scrutiny. Improved environmental performance for the oilsands sector in particular would help the sector maintain access to markets that choose to adopt low-carbon fuel policies.