Environment Minister Jim Prentice is signalling further delays in imposing greenhouse gas emission standards on the oil sector and other industries, saying Ottawa does not want to lose jobs and investment by driving activity out of the country.
The Conservative government is waiting for the United States to decide how it will impose climate-change regulations before acting here. And the U.S. Congress could take up to two years to pass legislation that sets caps on greenhouse gas emissions, Mr. Prentice told a Senate committee Thursday.
In the meantime, he said, Ottawa will pursue regulations to reduce emissions in transportation, which account for 27 per cent of Canada's total, and in the electric power sector, which accounts for 16 per cent.
But he said Ottawa is being more cautious when dealing with industries that compete internationally for investment or markets, including the oil and gas industry, which accounts for 20 per cent of the country's emissions.
http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/ottawa-stalls-on-emissions-rules/article1536106/