The province of Alberta will toughen its greenhouse gas emissions standards for oil sands mines, closing a loophole that rewarded some of Canada’s highest-emitting facilities with millions of dollars’ worth of tradeable credits, its environment ministry told Reuters.
and others, produce heavy emissions due to the energy required to separate oil from Alberta's sand and clay deposits.
Alberta's emissions system, called TIER , was not intended to provide credits to oil sands mines, two sources with knowledge of the changes said. Large emitters can choose to measure their emissions intensity, or carbon per barrel, against a facility's past performance, or against an industry benchmark.
"The current loophole is ludicrous but the solution still doesn't address the fundamental problem: Alberta must reduce its absolute emissions, not its relative emissions," said Emile Boisseau-Bouvier, climate policy analyst at environmental group Equiterre.
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