British Columbia's decision this week to toughen emissions standards for new liquefied natural gas (LNG) projects creates one of the most robust climate plans in North America, but sets a high hurdle for industry even as many countries look to Canada to become a global supplier of gas.
As part of a new energy action framework, the western Canadian province will require proposed LNG projects that are going through or entering the environmental assessment process to have a credible plan to be net-zero emissions by 2030.LNG Canada project already under construction, a proposed export terminal adjoining the small-scale Tilbury LNG facility and the early-stage Ksi Lisims LNG project in northern B.C will fall under the new rule.
"The B.C. roadmap to 2030 is probably North America's strongest climate plan but what was missing until now was answers on dealing with oil and gas. This fills in the missing gaps." B.C. released its energy action framework alongside a positive environmental assessment for the C$3-billion Cedar LNG project, a joint venture between Haisla First Nation and Pembina Pipeline CorpThe province said it will sign an agreement with the Haisla Nation to explore ways to lower emissions to near zero by 2030.B.C.'s new regulations also include an oil and gas emissions cap and plans to accelerate the electrification of the economy.
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