Varied Responses to Emissions Cap in Canadian Oil and Gas Industry

Last week at COP28 the Canadian government announced a framework that will put a concrete limit on the amount of CO2 that oil and gas can emit. The idea is to accelerate how quickly Canada reduces its emissions. But the plan has sparked harsh criticism from all sides, including climate activists, the Conservatives, the NDP and oil and gas companies. How will the cap work? Does it go far enough? Will it impact production? And how does it fit into Canada’s climate targets? CBC senior writer Aaron Wherry explains. For transcripts of Front Burner, please visit: https://www.cbc.ca/radio/frontburner/transcripts Transcripts of each episode will be made available by the next workday.