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IISD Welcomes Draft Regulations for Oil and Gas Pollution Cap
The IISD welcomes the Government of Canada's draft regulations for an oil and gas pollution cap to drive the sector toward net-zero by 2050, but warns that a proposed 'decarbonization program' creates a loophole for double-counting emissions reductions. The IISD advocates for the exclusion of international offsets and the implementation of a robust, loophole-free cap by early 2025.
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Document type: Statement
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