Alberta Premier Danielle Smith and Canadian oil and gas producers came out swinging today in response to a new draft federal oil and gas emissions cap for oil and gas production that is unlikely to survive, should the Trudeau government be unseated by the Conservatives in the next federal election.

The cap on energy-sector emissions is a longstanding promise from Canada’s Liberal government. The Business Council of Canada said the cap would pose a headwind for an economy struggling to record growth.

The Trudeau government has focused on the oil and gas production industries because the large amounts of energy they use make them the country’s largest source of greenhouse gases.

The Canadian government released draft regulations on Monday that would cap emissions of greenhouse gases from the oil and gas sector at 35% below 2019 levels by 2030, drawing condemnation from the industry that said it will force a production cut.

In January-September of the current year, 4083.3 million manat funds were directed to the oil and gas sector, Azernews reports citing the State Statistics Committee.

OTTAWA (Reuters) -Canada will on Monday unveil the details of its long-awaited plan to cap emissions of greenhouse gases from the oil and gas sector, an idea which the energy industry and some provinces strongly oppose.

Oil and gas producers in Canada will be required to cut greenhouse gas emissions by about one-third over the next eight years under new regulations published Monday. The government is also going to establish a cap-and-trade system that Environment Minister Steven Guilbeault said will reward lower-emitting producers and incentivize higher-polluting ones to do more.

By David Ljunggren OTTAWA (Reuters) -Canada will on Monday unveil the details of its long-awaited plan to cap emissions of greenhouse gases from the oil and gas sector, an idea that the energy industry and some provinces strongly oppose.