July 22nd, 2024

Alberta environment minister unworried by movement toward methane tariffs

By The Canadian Press on June 20, 2024.

Rebecca Schulz, left, shakes hands with Alberta Premier Danielle Smith after Schulz was sworn into cabinet in  Edmonton, Monday, Oct. 24, 2022. Alberta’s environment minister expressed little concern during her visit to Washington that European countries are taking steps toward tariffs on imported natural gas associated with high methane emissions. THE CANADIAN PRESS/Jason Franson

WASHINGTON – Alberta’s environment minister expressed little concern that European countries are taking steps toward tariffs on imported natural gas associated with high methane emissions as she promoted the province’s role as an energy ally in Washington.

Rebecca Schulz says there have only been a few conversations about the emerging exporting issue as she visited the United States capital this week.

European Union countries approved a law earlier this year to impose methane emissions limits on oil and gas imports from 2030.

Importers that don’t meet the limit could face a financial penalty.

Other jurisdictions, including the U.S., are also moving toward stringent methane targets that could impact the Alberta market in the future.

Schulz says Alberta has worked with producers to reduce emissions by 45 per cent and says they reached that target three years ahead of schedule.

The way Alberta measures methane emission reduction has faced scrutiny, but Schulz says she’s confident in the methodology.

This report by The Canadian Press was first published June 20, 2024.

Share this story:

9
-8
Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments