While the Canadian Association of Petroleum Producers (CAPP) says it welcomes Ottawa’s new plan to reduce the sector’s methane and volatile organic compound emissions, it disagrees with the government's assessment that Canada needs to "catch up" with environmental policies in the United States.
"We see this as a huge opportunity to catch up to what the [United States] is doing, but also to ensure we position Canada as a leader," environment minister Catherine McKenna said while announcing the plan in Calgary last week.
CAPP says Canada is already a leader in methane reduction.
"Canada's oil and natural gas industry has been outperforming other jurisdictions such as North Dakota, Colorado and California for methane emissions reductions,” CAPP executive vice-president Terry Abel said in a statement.
The regulations were announced last week in Calgary by environment minister Catherine McKenna.
They aim to reduce methane emissions by 40 per cent to 45 per cent by 2025, which Abel said CAPP is confident can be achieved.
"Canada is a leader in reducing methane emissions in the oil and natural gas sector. We are in a position of strength to move ahead by advancing cost-effective technology to reduce emissions."
The cost of implementing the rules as proposed is too high, however, according to CAPP.
Abel told the Canadian Press that CAPP will be recommending changes to the proposed regulations that will reduce the cost of implementation by half or more while retaining the targets and timeline.