oil

Canada Proposes Oil Industry "Cap and Cut" Emission Reduction Options

Canada Proposes Oil Industry "Cap and Cut" Emission Reduction Options

Environment and Climate Change Canada is considering two options to put a steadily-lowering ‘cap’ on oil and gas sector emissions: a national oil industry cap and trade program, or additional regulations under the Greenhouse Gas Pollution Pricing Act that could result in an industry-specific carbon pricing rate.

Dutch Court Orders Oil Giant Shell to Reduce Emissions in Historic Climate Case

Dutch Court Orders Oil Giant Shell to Reduce Emissions in Historic Climate Case

Last week, the Hague district court ordered oil giant Royal Dutch Shell to reduce its greenhouse gas emissions by 45% from 2019 levels by 2030. The ruling appears to mark the first instance of a court requiring a major corporation to lower emissions on account of their climate impact.