Canada considers extending timeline for oil industry emission targets

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

MONTREAL: Canada, the world's fourth-largest oil producer, is considering pushing back its greenhouse gas reduction timeline for its oil industry, the environment minister told media Saturday (Jul 23). The government recognises that 'some of the measures that will be needed to achieve those deep emission r

MONTREAL: Canada, the world's fourth-largest oil producer, is considering pushing back its greenhouse gas reduction timeline for its oil industry, the environment minister told media Saturday .

"There's a possibility that if the industry needs a bit more time, then we can provide some flexibility while ensuring that Canada still meets its 2030 goals," Guilbeault said. The oil and gas industry, which makes up for more than a quarter of the country's carbon emissions, is critical to achieving this goal, an interim target on the road to achieving carbon neutrality by 2050.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Indonesia considering scrapping domestic sales rule for palm oil exportsJAKARTA : Indonesia's Trade Minister said on Friday his ministry was considering removing a domestic sales requirement for palm oil exports since high inventories of the vegetable oil were preventing a recovery of palm oil fruit prices.Minister Zulkifli Hasan told reporters he would discuss the idea with
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »


Source: BusinessTimes - 🏆 15. / 51 Read more »

A year on, China's CO2 market yet to drive big emission cutsSHANGHAI : China's year-old carbon market has given more than 2,000 power plants a taste of emissions trading, but design flaws and data fraud have meant limited large-scale greenhouse gas reductions and environmental gains, experts say. China's much-heralded Emissions Trading Scheme (ETS) is already the
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

A year on, China's CO2 market yet to drive big emission cutsMore Coal please!
Source: STForeignDesk - 🏆 4. / 71 Read more »

China to extend anti-dumping duties on steel product from Japan, South Korea, and EUChina will extend anti-dumping duties on grain oriented flat-rolled electrical steel imported from Japan, South Korea, and the European Union, the country's ministry of commerce said on Friday.The duties will be valid for five years beginning from July 23, it said in a statement.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

This Singapore startup raised total capital of US$100 million in 18 monthsThe Singapore-based e-commerce brand aggregator raised US$45 million last month, taking its total capital to slightly over US$100 million in just 18 months.
Source: YahooSG - 🏆 3. / 71 Read more »