Canada has released a draft of new regulations aimed at reducing methane emissions, particularly from its extensive oil and gas infrastructure.
This initiative is part of a broader global effort to cut methane emissions, a potent contributor to global warming.
The move aligns Canada with the United States, which announced similar regulations last week. This coordination signifies a unified approach by two of the world’s major oil and gas producers in tackling climate change.
Canadian Environment Minister Steven Guilbeault, speaking at the United Nations Climate Change Conference (COP28) in Dubai, stated that Canada intends to eliminate venting and leaking in its oil and gas infrastructure, which are significant sources of methane emissions.
He emphasized that Canada, being the world’s fourth-largest oil producer, is committed to diligently detecting and addressing leaks and other issues that lead to methane emissions in the oil and gas sector.
The Canadian government estimates that these draft regulations on methane will result in a reduction of emissions by approximately 217 million metric tons of carbon dioxide equivalent from 2027 to 2040.
This initiative is part of Canada’s commitment to the Global Methane Pledge of 2021, which over 150 countries have signed. This pledge obligates signatory countries to collectively reduce methane emissions by 30% by 2030.
Canada’s proactive steps demonstrate its dedication to environmental sustainability and its role as a leader in the global fight against climate change.
These regulations not only contribute to a healthier planet but also position Canada as a responsible player in the international energy market.