Climate Headlines: COP28, Oil & Gas Emissions Cap, and the Clean Hydrogen Water Nexus

Peter and Jackie start this week's podcast by discussing the latest developments at COP28 in Dubai, including whether the wording “phase-out” or “phase-down” of fossil fuels will be included in the final text.Next, they talk about the Canadian energy policy announced by the Canadian federal government at COP28, including draft legislation to reduce methane from oil and gas by 75% from 2012 levels by 2030.  The government also issued a document on the proposed cap on oil and gas emissions, with a deadline to submit feedback by February 5, 2024, draft legislation by 2024, and final regulations in 2025.Lastly, Kim Sturgess, CEO of WaterSMART Solutions, joins the podcast. WaterSMART Solutions is a leading consultancy for water management solutions.  With funding and support from Alberta Innovates, ATCO, Capital Power, Hydrogen Naturally, Kiwetinohk Energy Corporation, and the Municipal District of Greenview, the consultancy published a study titled “Water Impacts from Hydrogen Development in Alberta in 2023.”  Kim explains that water is consumed to make clean, blue, and green hydrogen and that the water source must be considered early in project planning. The report demonstrates that the full development of the hydrogen sector within Alberta is likely to both cause water supply challenges and be limited by water availability.Other content referenced in this podcast:- Draft legislation for the reduction of Canada’s oil and gas methane emissions by 75% by 2030 (versus a 2012 baseline)- Regulatory framework for an oil and gas sector greenhouse gas emissions cap (for feedback by February 5, 2024) - WaterSMART Study of Water Impacts of Hydrogen Development in Alberta, 2023- WaterSMART Infographic: Water for Alberta’s Hydrogen Economy, 2023Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/Check us out on social media:X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research InstituteSubscribe to ARC Energy Ideas PodcastApple Podcasts Google Podcasts Amazon Music Spotify