An Economic Analysis of New Upstream Emissions Requirements for Pipeline Approvals Policy Brief
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چکیده
On January 27, 2016, the Government of Canada announced that “direct and upstream greenhouse gas emissions” would factor into the regulatory review process for proposed pipeline projects.1 The new standard aims to address claims that new pipelines will induce greater expansion of Canada’s oil sands, producing more greenhouse gas (GHG) emissions. Specific details were not provided in the government’s initial press release but both the TransMountain Expansion and Energy East projects, which are already under regulatory review, will be subject to the new standards. The inclusion of carbon dioxide-equivalent (CO2e) emissions in the pipeline approval process marks a shift in the regulatory landscape, giving climate policy a more prominent position.
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