Alberta Takes Charge of Methane Emissions

0:00It's March 25. This is Toronto News Today, powered by AI, I'm Cory with the story. Alberta and the federal government have struck an agreement in principle, putting the province in charge of regulating its own methane emissions. This builds on a broad energy policy deal signed late last year between the two sides. That earlier memorandum set a target to finalize a methane equivalency pact by April 1, avoiding overlapping federal and provincial rules. Federal officials warn that without this setup, companies would face double regulations driving up costs and red tape. The formal agreement is now slated for completion by the end of this year, with a shared goal to slash emissions by 75% from 2,014 levels by 2035. This move hands Alberta. The rains on methane controls while aligning on major cuts, smoothing out regulatory hurdles for the energy sector.