Canada on Monday released a framework for eliminating inefficient fossil fuel subsidies, making it the first G20 country to deliver on a 2009 commitment to rationalise and phase out government support for the sector.
Climate policy analysts said the framework was an important step forward, but fell short in continuing to allow government support for oil and gas projects that plan to reduce emissions through technologies such as carbon capture and storage .
"This ensures that the only federal support for oil and gas goes to projects that decarbonize the sector and result in significant greenhouse gas emissions reductions," federal Environment Minister Steven Guilbeault told a press conference. The NDP critic for Climate Change and Environment, Laurel Collins, said the new rules did not go far enough.
Canada, the world's fourth-largest oil producer, expects the technology to play a major role in decarbonizing the industry and last year announced a CCS investment tax credit.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Timberview HS shooting trial: Sentencing phase to continue MondayA teen who opened fire in a North Texas school, wounding three people, will soon learn how long he will spend behind bars.
Baca lebih lajut »
Hotter temperatures make a comeback Sunday in metro Denver, with triple-digits possible on MondayLate July monsoons stuck in the Four Corners region for now
Baca lebih lajut »
‘NBC Nightly News’ will broadcast live from Anchorage on Monday“NBC Nightly News” will broadcast live from Anchorage on Monday, with anchor Lester Holt — who has a personal connection to Alaska — presenting a newscast focusing on the nation’s air defense capabilities in the state.
Baca lebih lajut »
A warm Sunday with a showery Monday on the wayMore sunshine Sunday with temps near 80, but change is on the way as we start the work week! We'll see a chance for showers with below average highs. FOX13
Baca lebih lajut »