Post by
Canadian_101 on Nov 01, 2021 5:24pm
Formal Policy to Be Introduced to Cap Emissions
Prime Minister Justin Trudeau invoked the memory of Lytton, B.C., on Monday as he called for global action in the fight against climate change and formally committed to a cap on emissions produced by Canada's oil and gas sector.
The prime minister was speaking at the 26th meeting of the Council of Parties to the UN climate convention, known as COP26, where more than 120 world leaders have gathered for two days to assess global efforts to address what many see as an existential problem.
A lack of regulations for the sector has long been a sore spot between environmental groups and Ottawa.
"We'll cap oil and gas sector emissions today and ensure they decrease tomorrow at a pace and scale needed to reach net zero by 2050," Trudeau told the leaders.
The prime minister said Sunday that while there is always a lot of attention on the setting of targets, not enough attention goes to meeting them. He said Canada is now focused on implementing the policies needed to meet its existing targets.
This should be very helpful for a company such as greenlane renewables which has the proven technology to help achieve this ambitious plan.
Something to think about as you decide were to invest that hard earned dollar or were to invest your money as you sell those poor performers in 2021.
Renewables, renewables, renewables, thats the future folks!!!!