Farms.com Home  › News

Last chance to scrap the cap: Minister Schulz

Minister of Environment and Protected Areas Rebecca Schulz issued the following statement on Alberta’s official response to the federal government’s proposed oil and gas emissions cap regulations:

"For too long, we have watched this federal government ignore the needs of Canadians while attacking our economy and our energy sector. The proposed emissions cap is not just bad policy, it's an economic wrecking ball aimed at the heart of Canada’s economy.

“Numerous reports have already pointed out the many ways that this cap will cost Canadians, including a production cut of at least one million barrels a day of oil and gas and up to 150,000 jobs lost from coast to coast. Despite this, the federal government released draft regulations in November that set us on a course for disaster.

“Alberta has submitted detailed analysis showing, once again, that the proposed federal oil and gas emission cap is in reality an ideological cap on oil and gas production. The 35 per cent cut to emissions by 2030 is not achievable or realistic, and families across Canada will pay the price. Global emissions will increase under this cap and here at home, parents will lose their jobs, businesses will close, costs will rise and government revenues that support schools, hospitals and critical services will be cut.

Click here to see more...

Trending Video

Rebuilding the Cattle Herd, Confronting Extreme Heat and Volatile Grain Markets

Video: Rebuilding the Cattle Herd, Confronting Extreme Heat and Volatile Grain Markets

Secretary Brooke Rollins makes her case for heifer retention, while the EPA moves to reallocate RIN credits and a new Country of Origin Labeling order takes effect. Our Feature looks at extreme heat's hidden toll on rural America. Ted Seifried says the corn market has gone from a 'powder keg to fireworks' — checking boxes on balance sheets and yield in this week's analysis.