Canada’s top energy CEOs have penned an open letter to Prime Minister Mark Carney, asking him to get rid of the emissions cap on oil and gas producers and repeal industrial carbon pricing in order to build Canada’s economy.
The leaders of 38 companies said in their April 30 letter that the country’s oil and gas sector would create jobs and increase tax revenue for government, but it must be allowed to grow. They said there has been a lack of investment in Canada’s energy infrastructure when compared to the United States.
“As a major contributor to the Canadian economy, with significant untapped potential, the energy sector must play a pivotal role in your pursuit of this ambition,” the letter says, referring to Carney’s goal of building the fastest-growing economy in the G7….