November 18, 2021                                            Calgary, Alberta                               Natural Resources Canada

Methane is responsible for around 30 percent of the global rise in temperatures to date and accounts for about 13 percent of Canada’s total greenhouse gas emissions. Reducing methane emissions is a key part of Canada’s strengthened climate plan to achieve net-zero emissions by 2050.

Today, the Honourable Jonathan Wilkinson, Minister of Natural Resources, announced that after one year of its launch, the Emissions Reduction Fund (ERF) Onshore Program is making major strides in reducing methane emissions by helping oil and gas companies adopt clean technologies while maintaining jobs in the sector.

The ERF was launched in fall 2020 as a COVID-19 response measure to maintain employment and support oil and gas workers and local communities during the pandemic. Small and medium-sized companies as well as communities across Western Canada including Estevan, Saskatchewan; Brandon, Manitoba; and Slave Lake, Alberta, where projects are underway, have been able to benefit directly from this program.

To date, companies have received $134 million in ERF funding to support 81 projects that are anticipated to result in reductions of 4.6 megatonnes of carbon dioxide equivalent in the first year following project completion — comparable to removing one million passenger vehicles from our roads for one year. These projects are a low-cost way to reduce harmful emissions while concurrently supporting jobs and local communities. These reductions will be largely achieved by small and medium-sized companies in Alberta, Saskatchewan, Manitoba and British Columbia.

Minister Wilkinson will mark the results to date of the ERF during his visit to Calgary, where he will hold a roundtable with the Calgary Chamber of Commerce and the Business Council of Alberta and also meet representatives from the oil and gas sector.

The ERF is one of many key measures that support decarbonization in the oil and gas sector, but the government recognizes that further climate action is needed to achieve Canada’s climate goals. This is why the government put a price on carbon pollution, committed to reaching net-zero emissions by 2050, and announced its commitments to developing a plan to reduce methane emissions across the broader Canadian economy and to reducing oil and gas methane emissions by at least 75 percent below 2012 levels by 2030.

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Author: Editor
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