Canada is an International Leader in Methane Emissions Reductions: CAPP
(firmenpresse) - CALGARY, ALBERTA -- (Marketwired) -- 05/26/17 -- The Canadian Association of Petroleum Producers (CAPP) welcomes Environment and Climate Change Canada's proposed commitment to reduce further methane and volatile organic compound (VOC) emissions in the oil and natural gas sector, but disagrees with the federal government's assessment Canada needs to "catch up" with environmental policies in the United States.
Canada is a leader in reducing methane emissions in the energy industry and the oil and natural gas sector strives to improve its performance as technology and innovation evolve by continuously working with regulators, government and stakeholders.
CAPP supports an approach to methane that provides a regulatory driver for continual performance improvement in new development and enables funding for clean technology to address existing facilities to meet economically-achievable thresholds. The oil and gas industry recognizes the role it plays in environmental stewardship and has committed to reduce methane emissions by 45 per cent from 2012 levels by 2025. Both British Columbia and Alberta have strict regulations on flaring, venting and fugitive emissions from upstream facilities that serve as models of success for other jurisdictions domestically and internationally.
Industry believes through its relationships with regulators, government, and stakeholders it can deliver action on climate change while realizing the economic benefits the oil and natural gas sector bring to the national economy.
The Canadian Association of Petroleum Producers quotes: Terry Abel - executive vice president
Supporting information
The Canadian Association of Petroleum Producers (CAPP) represents companies, large and small, that explore for, develop and produce natural gas and crude oil throughout Canada. CAPP's member companies produce about 80 per cent of Canada's natural gas and crude oil. CAPP's associate members provide a wide range of services that support the upstream crude oil and natural gas industry. Together CAPP's members and associate members are an important part of a national industry with revenues from crude oil and natural gas production of about $120 billion a year. CAPP's mission, on behalf of the Canadian upstream crude oil and natural gas industry, is to advocate for and enable economic competitiveness and safe, environmentally and socially responsible performance.
Contacts:
Canadian Association of Petroleum Producers
Chelsie Klassen
Manager, Media Relations
403-267-1151
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Datum: 26.05.2017 - 14:36 Uhr
Sprache: Deutsch
News-ID 544804
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CALGARY, ALBERTA
Kategorie:
Oil & Gas
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