BRIEFING: Canada oil and gas, electricity caution federal government on benchmark overhaul

Published 00:25 on February 5, 2026 / Last updated at 00:25 on February 5, 2026 / / Americas (Compliance Markets & Taxes, US & Canada), CO2 Management (CCUS, Engineered Removals), Insights (Briefings), Nature-based Carbon (Forestry, Other NbS), Net Zero Transition (Industrial Decarbonisation, Investment, Reporting & Disclosure, Power/Electrification, Transport & Heating Fuels)

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Canadian oil and electricity advocates are asking the federal government to tread carefully as it looks to update its industrial carbon pricing benchmark – or scrap its proposal altogether.
Canadian oil and electricity advocates are asking the federal government to tread carefully as it looks to update its industrial carbon pricing benchmark – or scrap its proposal altogether.


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