Advisory group recommends penalties for heavy oilsands emitters if cap hit
CALGARY — Oilsands producers could face steep fines and suspended projects if industry comes close to hitting a mandated 100-megatonne limit under recommendations proposed by Alberta’s Oil Sands Advisory Group.
But the non-binding report sets out a series of policies options to help avoid reaching that point, including requiring the use of better technology, setting out emissions management plans and costs, and improved regulations.
Advisory group co-chair Dave Collyer said the increased emissions reporting and forecasting in the near-term will help to achieve the lower emissions-intensity goal.
“That transparency and awareness, in fact, does drive behavioural change,” Collyer said.