The industry also has repeatedly said that the United States will gobble up carbon-intensive oil from other countries such as Venezuela if Canadian crude is cut out of the equation.
On Friday, Stelmach said that other options to provide a financial incentive for carbon capture, such as raising the province's carbon price, would put Alberta at a disadvantage when the rest of North America is not doing the same.
"Our willingness to update our program is an example of Alberta taking action to reduce emissions while others continue to talk," Stelmach said.
Reprinted from Climatewire with permission from Environment & Energy Publishing, LLC. www.eenews.net, 202-628-6500