Federal Government Launches $750-Million Emissions Reduction Fund for the Canadian Oil and Gas Industry
By EsqSocial Corporation 04/11/20
On October 29, 2020, the federal government announced the launch of a $750-million Emissions Reduction Fund to reduce methane and GHG emissions. Administered through Natural Resources Canada, the Fund provides up to $675 million to eligible onshore oil and gas companies (Onshore Program) and up to $75 million to eligible offshore oil and gas companies (Offshore Program). The Fund aims to reduce methane emissions from the Canadian oil and gas industry by providing project financing for adoption...
By: Bennett Jones LLP