Alberta Defies Trudeau's Emissions Cap Plan

Canada’s oil-producing province of Alberta is fighting the federal government on the plan to cap emissions from oil and gas production, which Alberta and the industry see essentially as a cap on output. Early this month, Canada’s federal government unveiled its draft regulations to drive significant emissions cuts at one of the most polluting sectors of the economy. However, the oil and gas sector is of huge importance to Alberta and its economy, as well as to Canada’s economy, exports of goods, and economic growth. Emission Cap…