CO2 Management > CCUS > Canada unveils cap-and-trade system for oil and gas emissions

Canada unveils cap-and-trade system for oil and gas emissions

Published 18:09 on December 7, 2023 / Last updated at 18:38 on October 28, 2024 / / Americas (US & Canada), CO2 Management (CCUS), Net Zero Transition (Industrial Decarbonisation, Power/Electrification, Transport & Heating Fuels), Paris Article 6/PACM

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Canada unveiled plans on Thursday for a cap-and-trade system for its oil and gas sector, with the government aiming to introduce reporting requirements from 2026 and set out a 2030 emissions cap, but giving no clear indication on when the market would launch.
Canada unveiled plans on Thursday for a cap-and-trade system for its oil and gas sector, with the government aiming to introduce reporting requirements from 2026 and set out a 2030 emissions cap, but giving no clear indication on when the market would launch.


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