Gilbeau said Canadian President Justin Trudeau’s government knows that “some of the actions that will be needed to achieve deep emissions reductions may take longer than we do until 2030.”
“There is a possibility that if the industry needs more time, we can provide some flexibility, ensuring that Canada continues to meet its 2030 targets,” he added.
Last year, the Trudeau government announced an improved plan to comply with the Paris Climate Agreement, which aims to reduce greenhouse gas emissions by 40 to 45 percent by 2030 from 2005 levels.
The oil and gas industry, which accounts for more than a quarter of the country’s carbon emissions, plays an important role in achieving this goal, which is presented as a stepping stone towards achieving carbon neutrality by 2050.
The minister explained that Ottawa is ready to “give the industry more time, if necessary, to build the necessary infrastructure to reduce emissions.”
Source: Al-Akhbar