About The Submission:
Under the current global fossil fuel production trajectory, Canada will miss the goals set in the Paris Agreement. Canada’s proposed oil and gas emissions caps offer an opportunity to address this problem – but only if the following principles are respected: A) the decarbonization pathway informing the caps; B) the coverage of the caps; C) enforcement; D) the supporting regulatory environment and E) respect for Indigenous Rights. Additionally, we note that while the Ministers used the term “five-year targets” in their letter to the NZAB, their mandate letters require them to establish oil and gas emissions caps, which are stronger and more enforceable than targets.