Framework for emissions cap on oil and gas sector coming Thursday, source says

The target is not expected to be as strict as the emissions cap estimated last year in the government's emissions reduction plan

OTTAWA – Canada is poised to outline a federal emissions cap on the oil and gas sector using a cap-and-trade system that would begin as early as 2026, says a federal government source.

The source, who spoke on the condition of anonymity to discuss matters not yet made public, tells The Canadian Press that a framework for the cap will be published Thursday.