Ottawa to Introduce New Methane Regulations

The Carney government will introduce stricter methane regulations targeting the oil and gas and landfill sectors, starting in 2028. Companies must either stop venting excess gas and conduct leak inspections or create their own emission control plans aligned with international standards. The regulations, aimed at reducing methane emissions significantly, are expected to cut greenhouse gas emissions by 304 million tons by 2040 but may slightly hinder oil and gas production growth. The cost of compliance is estimated at $48 per ton of CO2 equivalent, though industry representatives may dispute this figure.

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