Canada’s oil industry seeks support from re-elected Trudeau

Canada’s largest oil and natural gas lobbying group is calling for support from re-elected Prime Minister Justin Trudeau following an election campaign that featured vows to cut the industry’s emissions. “This election result reaffirms the uncertainty in Canada as we continue to struggle with public health and economic issues related to the Covid pandemic,” Canadian Association of Petroleum Producers CEO Tim McMillan said in a Monday statement, adding that the industry is ready to continue to work with the federal government to rebuild the economy. Trudeau’s platform included a promise to keep the industry on track for net-zero emissions by 2050, cut methane emissions by 75% from 2012 levels by 2030, eliminate fossil-fuel subsidies in two years and develop a plan to phase out public financing of the sector.