Young Canadians for Resources (YCR) Opposes the Current Proposed Emissions Cap Framework

Calgary, Alberta--(Newsfile Corp. - December 20, 2023) - Young Canadians for Resources (YCR), a national student-led advocacy group, opposes the proposed oil & gas emissions cap. Any cap on Canadian oil and gas production threatens domestic and global energy security, Canadian prosperity, and the livelihood of Canadian families across the nation.

A student competes in YCR's Emissions Cap Case Competition, July 2023.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10211/191680_165a3a6844defafd_001full.jpg

YCR is asking the federal government to reconsider the proposed emissions cap framework and ensure that any future emissions cap will not limit Canadian oil and gas production.

"In our pursuit of a healthier planet and a more prosperous nation, Young Canadians for Resources are keen to contribute to the conversation around these legislations, and strive to be a positive voice for our nation's future," affirms Lexi Cook. This summer, YCR invited students from multiple universities to bring forward ideas for a fair and just emissions cap policy. The criteria was for policies to meaningfully reduce emissions while allowing the Canadian oil & gas industry to thrive with minimal disruptions.

"All groups concluded that while reducing emissions is always a priority, they were alarmed at how the differences in actual policy and regulations could do more harm than good," said the organizer Lexi Cook, of Bishop's University in Quebec. "Canada already has so many regulations that make us world leaders; any new policies should support both lower emissions and higher production. Because as long as the world still needs oil and gas, it should be Canadian."

Dan Kirkham, an engineering student at Carleton University, was part of the winning team for the case competition. Their solution focused on emissions reductions but avoided adding harmful complexity to the existing regulations. "We need regulations that motivate, but don't break our energy sector."

Young Canadians for Resources fosters a constructive dialogue that considers the administrative burdens of achieving environmental sustainability while safeguarding the economic interests of the nation. For Canada to play a meaningful role in reducing global emissions, the oil and gas sector must remain competitive for investment.

YCR acknowledges the ongoing commitment of Canadian producers to world-leading environmental standards and innovations, which have been in practice for decades. We argue that these innovations should be recognized and supported, contributing to a healthier planet while fostering economic prosperity.

For media inquiries, please contact:
Lexi Cook
Professional Development Coordinator, Young Canadians for Resources
Email: lexi@ycresources.ca

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10211/191680_165a3a6844defafd_002full.jpg

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/191680