CALGARY – The oil and gas industry wants investment in emissions-busting technologies to play a big role in Alberta’s climate change strategy.
The Canadian Association of Petroleum Producers has made its submission to the panel working on a broad plan to reduce the province’s greenhouse gas emissions.
It says Alberta should set a target for technology investment over the next 10 years and invest funds from its soon-to-be-hiked carbon levy to develop and deploy those technologies.
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One recommendation is to develop a clean infrastructure royalty credit program that would encourage the adoption of green technologies without hurting the industry’s competitiveness.
It also wants more power generation to come from natural gas, a cleaner-burning fuel than coal, and to export more of it to countries like China.
The panel, headed by University of Alberta economist Andrew Leach, aims to make its recommendations ahead of UN climate talks in Paris in December.
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