Alberta has reached a tentative agreement with Ottawa to reduce methane emissions from its oil and gas sector as part of a deal to get a pipeline to the West Coast.
Under the new agreement-in-principle, Alberta will continue regulating methane under its existing system and reduce methane emissions to 75 percent below 2014 levels by 2035, the province said in a March 25 news release.
The province said its methane emissions have already dropped more than 50 percent from 2014 levels, and the new agreement will set a path for further reductions “while keeping the system practical, cost-effective and tailored to Alberta’s economy.”
“Albertans have long known that responsible energy development and strong environmental performance go hand in hand,” Alberta Premier Danielle Smith said in the statement. “This agreement reflects that approach, keeps decision-making here in Alberta and builds on a system that is already delivering results.”…