CAPP report: Canada’s oil and gas producers lead in environmental stewardship
A new report released by the Canadian Association of Petroleum Producers (CAPP) highlights a remarkable decrease in greenhouse gas emissions from the country’s conventional oil and gas sector.
From 2012 to 2021, producers reduced their absolute scope 1 carbon dioxide equivalent (CO2e) emissions by 24 percent, even as total production grew by 21 percent. The report bases its findings on the most recent production and emissions data from the Government of Canada, proving, according to CAPP, that Canada can simultaneously expand its energy production and reduce its environmental impact.
Lisa Baiton
According to the report, between 2012 and 2021:
- Natural gas production increased by 35 percent while CO2e emissions declined by 22 percent. In the same period, methane emissions from natural gas producers fell by 38 percent.
- Conventional oil production remained relatively stable, decreasing by only nine percent, while CO2e emissions from production dropped by 27 percent.
- Methane emissions from both oil and natural gas production were reduced by 34 percent, and the intensity of these emissions decreased by 46 percent.
The data utilized for the analysis came from the Government of Canada’s National Inventory of Greenhouse Gas Emissions and Statistics Canada’s production data. Conventional production refers to all oil and natural gas activities that fall outside Canada’s oil sands sector.
Lisa Baiton, CAPP President and CEO, emphasized the significance of these findings. “Emissions performance is a crucial measure as we aim to grow Canada’s role as a responsible global provider of natural gas and oil,” she said. “This track record of lowering emissions while increasing production makes Canadian oil and natural gas the ideal choice for the world’s energy needs.”
Baiton further pointed out that the majority of conventional oil and natural gas produced in Canada is consumed domestically. “This production plays a vital role in our own energy security. Our findings demonstrate that we can continue to exploit our oil and natural gas resources while significantly reducing emissions,” she added.
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