The US, Canada and Mexico on Tuesday announced that they collaborate on energy and climate change goals including the cutting of GHGs from the oil and gas sector, deploying renewables and developing CCS, energy efficiency initiatives, and stable low-carbon electricity grids.
The North American Energy Ministers’ Working Group on Climate Change and Energy builds on a partnership announced by the trio last year that aims to develop “responsible and sustainable” best practices for developing unconventional oil and natural gas reserves.
“North America is seizing every opportunity to harmonize efforts and policies toward common climate goals while protecting jobs and the economy,” the countries said in a joint statement.
Energy ministers from the three nations said they will pursue a continental approach to energy security and climate change issues, but stopped short of announcing any sort of North American carbon pricing initiative.
Mexico wants to establish a direct link with the WCI scheme as a stepping stone to creating a North American carbon market, a senior government official said last month.