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News: Industry News

Newfoundland and Labrador Introduce Greenhouse Gas Legislation to Cut Emissions

June 8, 2016   (0 Comments)
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In an effort to cut greenhouse gas emissions, Newfoundland & Labrador announces new legislation to curb emissions.


"New greenhouse gas legislation in Newfoundland and Labrador stops short of B.C.'s carbon tax but is aimed at cutting onshore industrial emissions with flexible carbon pricing.

Environment Minister Perry Trimper said it strikes a balance to take at least some action while not blunting the competitive edge of vital manufacturers.

Even with the new measures — which don't apply to offshore oil sites jointly regulated with Ottawa — the province will still miss its 2020 reduction targets. The offshore oil sector produces about 16 per cent of emissions compared to 19 per cent from large industry onshore.

Transportation accounts for the biggest share at 34 per cent."  


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