Account

The Actual News

Just the Facts, from multiple news sources.

Canada announces new methane emission standards for oil and gas sector

Canada announces new methane emission standards for oil and gas sector

Summary

Canada has introduced new rules to reduce methane emissions from its oil and gas sector by 75% by 2035 compared to 2014 levels. The regulations aim to address climate change by targeting methane, a potent greenhouse gas. These rules, which start in 2028, involve measures like stopping venting and fixing equipment leaks.

Key Facts

  • Canada plans to reduce methane emissions from its oil and gas sector by 75% by 2035.
  • Methane is a powerful greenhouse gas, significantly impacting climate warming.
  • New regulations will start in 2028 and include stopping venting and repairing leaks.
  • Prime Minister Mark Carney announced the regulations, fulfilling his promise for stronger methane rules.
  • Oil and gas facilities are responsible for about half of Canada's methane emissions.
  • Operators can choose their methods to control methane, as long as they meet required standards.
  • Previous rules helped Canada stay on track to cut methane emissions by 40-45% by 2025.
  • The new rules aim to reduce emissions by 304 million tonnes of carbon dioxide equivalent with minimal impact on production.

Source Information