Edward Greenspon: Oil Chaos and the M.I.A. Strategy
Policy Speaking BlogThursday April 2, 2020
One thing is clear. Canada must drastically reduce the amount of CO2 it emits into the atmosphere. The question is how? Specifically, what are the most effective means to achieve the goal of a 30 per cent reduction in emissions by 2030 on the way to a net zero carbon emitting economy by 2050, while maintaining a strong economy? And how will the energy industry make its contribution?
Even amidst the COVID-19 crisis, climate change has remained the context for policy decisions to support the economy. It was continually invoked by critics of special measures for the hard-pressed oil and gas industry. In announcing a package focused on environmental issues and workers, Prime Minister Justin Trudeau said, “Just because we’re in a health crisis doesn’t mean we can neglect the environmental crisis.”
In our first Energy Future Forum Discussion Series Report, Dale Eisler, Senior Policy Fellow at the Johnson Shoyama Graduate School of Public Policy at the University of Regina reviews the various considerations in assessing the role and merits of carbon capture utilization and storage (CCUS) and direct air capture (DAC) as part of the climate change policy toolkit.