Carolyn Ussher

In the wake of newly proposed federal regulation regarding methane emissions in the oil and gas industry, this session will offer industry representatives, leaders, and regulators the opportunity to comment on these developments and propose amendments to be considered amongst the subsequent legislative review period. The panel will consider:

• What technological advancements and operational changes will be necessary to meet the new regulatory standards?
• What are the potential economic consequences of the new regulation on the oil and gas industry, including the costs of implementation, potential revenue streams from emissions reduction, and market shifts?
• How can companies adapt to stay competitive while ensuring compliance?
• If a provision which would allow companies to avoid compliance by installing promising, but as-yet unproven, technologies for continuous methane monitoring will threaten to undermine real progress or foster progress?
•  Exploring a comparison of potential variances in Provinces’ adoption of the regulation

In addition to accurate measurement, robust and transparent reporting is needed to accurately assess progress and amend strategy accordingly. Join us to:

• Address Canada’s lack of measurement-based reporting requirements
• Understand why reporting standards are an essential driver of methane reduction
• Conduct a comparison of provincial reporting frameworks – would greater synergy allow for a more accurate assessment of progress?
• Understand the importance of creating consistency across the year of reference cited in reduction goals
• Analyze existing industry frameworks, including OGMP 2.0, to create an image of what ‘best practice’ means in terms of measurement-based reporting