If the goal is to lower global emissions, Canadian oil and natural gas exports offer a less carbon-intensive alternative. The situation becomes more urgent considering that China’s greenhouse gas emissions have more than quadrupled since 1990, while U.S. emissions have dropped over the same period., Putting in place a system to cap and cut oil and gas sector emissions at a pace and scale required to contribute to Canada’s 2030 climate goals, to achieve net-zero GHG emissions by 2050, and in a way that allows the sector to compete in the emerging net-zero global economy., These competing visions for Canada’s oil and gas sector are a barrier to achieving Canada’s 2030 targets and setting the country on a path to net zero. Phasing out production in the short to medium term through government policy is not a viable option., For the first time, Canada's national energy regulator has looked at how oil and gas production will change in a net-zero world, where countries hit their climate goals — and it shows a, President Joe Biden’s landmark climate law could help the fossil fuel industry pump more oil out of existing wells. A boosted tax credit for enhanced oil recovery, or EOR, aims to encourage, Environmental organizations are calling for a reduction of oil sands production as the easiest way to cut emissions and criticized the recent federal government climate pledges as not.