Canada’s Energy Future 2023 Report Released & Carbon Intensity Reduction Requirements in Effect
This month, the Canada Energy Regulator released their latest report, titled “Canada’s Energy Future 2023: Energy Supply and Demand Projections to 2050.” With a primary focus on the challenges of attaining net-zero greenhouse gas emissions by 2050, the report delves into various net-zero scenarios, providing Canadians and policymakers with valuable insights into the potential landscape of a net-zero world.
Additionally, this issue emphasizes the commencement of the initial compliance period for the Carbon Intensity Reduction Requirements, effective as of July 1st, 2023. These requirements, introduced through the Clean Fuel Regulations released last summer, are designed to stimulate the advancement and implementation of various cleaner fuels and technologies.
Download the full document for further information on Water Act Suspensions, First Nation relations updates, industry non-compliance announcements, and other policy updates from across Canada.
About: This bulletin highlights the regulatory changes and updates within the energy and natural resource sectors in North America that the Integrated Sustainability team has been tracking through June 2023.
Federal
- Canada’s Energy Future 2023
- Meeting of Federal and Alberta Environment and Energy Ministers
- Clean Fuel Regulations – Carbon Intensity Reduction Requirements in Effect
Alberta
- Directive 20 Draft Released for Comment
- AER Lays Charges to Operators for Non-Compliance
- Forest Fires and now Heavy Rain impacting Energy Operations
British Columbia
- BC Releases the 2022 – 2023 Declaration Act Annual Report
- BCER and BRFN Developing a New Consultation Process
- More Water Use Suspensions
- BC Hydro to Only Acquire Renewable Electricity for Growing Demand
- Re-Entry of Sites Following Forest Fire
- Improved Forest Management and Transparency
Saskatchewan
- Emissions from Oil and Gas Decreasing
Feature Report
- Brine-Hosted Mineral Rights in Alberta Available Soon
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The Regulatory Bulletin is sent at 12:30 PM, the first Thursday after month-end. This gives us a few days to assess all the regulatory updates from the previous month and highlight those with the largest impact – be that environmental, social, or economic.
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