The provincial government released the consensus report of Phase 1 of the Alberta Oil Sands Advisory Group on June 16 – proposing a process to comply with the the legislated 100 megatonne emissions limit for oil and gas production, as required by the Climate Leadership Plan. The recommendations for early action focus on encouraging lower emission intensity production through technological innovation, and building information and reporting systems to drive improvements. Those information systems could also trigger reviews and possible penalties if emissions approach 80% or 95% of the 100 megatonne limit. According to an article in Energy Mix, “The industry is staking its future on the hope that it can simultaneously increase production and reduce production emissions, an approach that is seen as favouring the largest operators in the tar sands/oil sands over smaller companies. ” An article in the Edmonton Journal provides commentary from the oil industry perspective.
The Executive Summary of the report is here ; the full Report is here . The government will start consultations with key stakeholders immediately, before proceeding with Phase 2 of policy design. The goal is to have regulations in place by 2018.