What do Ottawa's strict new emissions rules mean for N.L.? No one's really sure
CBC
The federal government has announced its regulatory framework aimed at capping oil and gas emissions across the country — but no one seems to know what that exactly means for Newfoundland and Labrador.
The framework proposes to cap 2030 emissions at 35 to 38 per cent below 2019 levels as part of the national plan to reduce carbon emissions in the sector to net zero by 2050.
It would apply to industries involved in exploration, drilling and extraction of crude oil and natural gas, which includes Newfoundland and Labrador's offshore industry.
Minister of Environment and Climate Change Bernard Davis said his staff is reviewing the federal framework.
"I guess the devil will be in the details to see how that fits with respect to each jurisdiction. It is a national framework, so each jurisdiction is going to be affected slightly differently," Davis told reporters.
"Our staff are working very hard and will be in constant contact with [their] federal colleagues to ensure that Newfoundland and Labrador is treated fairly in that framework."
He also said the province already has the Management of Greenhouse Gas Act, which guides the industry to set baselines for emissions reductions, adding that emissions have fallen over the last four years.
CBC News contacted a number of stakeholders in the oil and gas sector for interviews about how the proposed emissions cap could impact operations.
Energy N.L. declined to speak on what the cap means for its members until it has more information.
In an email, Equinor spokesperson Alex Collins said the company is currently reviewing the documents to understand how the proposed framework could impact its operations.
Similarly, Cenovus directed CBC News to a statement from Pathways Alliance president Kendall Dilling, which stated the company would "take the necessary time to analyze the government's emissions cap framework to determine how it may impact oil sands operations."
Suncor did not respond to requests for comment.
Econext CEO Kieran Hanley said the framework is still a proposal that will need to be discussed and its exact regulations developed, which will take time.
"But how it impacts Newfoundland and Labrador, it is kind of too early to say," he told CBC News.
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