CALGARY, AB, Nov. 8, 2021 /CNW/ - The Canadian Association of Petroleum Producers (CAPP) is calling for policy makers at COP26 to recognize the necessary role for natural gas and oil to meet growing global energy demand and the ambitions of the Paris Agreement.
Today countries around the world are struggling to provide their industries, businesses and citizens with affordable and reliable energy because they lack access to natural gas and oil. With this, we have seen a surge in coal use from both developing and developed nations along with increasing costs on food, electricity, travel and home heating.
To achieve the ambitions of the Paris Agreement, the world will need increased access to lower emission natural gas and oil, article 6 and industry's leading role in emissions reduction and clean-technology. It will be incredibly important for governments and the natural gas and oil industry to work collaboratively to ensure we meet our environmental and social outcomes.
CAPP will offer the following virtual press conference hosted as a video webcast on a Cision platform to answer questions from media:
Tuesday, November 9, 2021 ? 9:00 a.m. MST / 11:00 a.m. EST
Tim McMillan, President & CEO, Canadian Association of Petroleum Producers
Media is required to register with email@example.com in advance of CAPP's press conference to obtain access information.
The Canadian Association of Petroleum Producers (CAPP) represents companies, large and small, that explore for, develop and produce natural gas and oil throughout Canada. CAPP's member companies produce about 80 per cent of Canada's natural gas and oil. CAPP's associate members provide a wide range of services that support the upstream oil and natural gas industry. Together CAPP's members and associate members are an important part of a national industry with revenues from oil and natural gas production of about $116 billion a year. CAPP's mission, on behalf of the Canadian upstream oil and natural gas industry, is to advocate for and enable economic competitiveness and safe, environmentally and socially responsible performance.
SOURCE Canadian Association of Petroleum Producers
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