Oil and gas is important, all 3 provincial parties say, but they differ on approach

The province depends significantly on oil for money and has committed to continued investment in the resource industry. At the same time, Newfoundland and Labrador’s government has also committed to reducing carbon emissions.

But that five-year plan to cut carbon emissions is meant not to affect oil and gas production, Memorial University professor Sean McGraw told On The Go, despite the fact that oil and gas are related to 24 percent of those emissions.

At the same time, McGraw said, the province has committed to doubling oil and gas production between now and 2030.

“There’s no explanation to how this is actually possible, how we are going to remain committed to oil and gas development and emissions reduction here in the province,” McGraw said.

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