Canada plan to hike oil exports will not compromise climate goals -government source

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Canada plan to hike oil exports will not compromise climate goals -government source
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Canada on Thursday will outline plans to increase oil exports to help alleviate the tight global market following Russia's invasion of Ukraine, but the hike will not undermine Ottawa's long-term climate commitments, a government source said.

In 2018, Liberal Prime Minister Justin Trudeau's government bought the Trans Mountain oil pipeline to help producers struggling to get their crude to market.

The government has pledged to cut carbon emissions 40%-45% below 2005 levels by 2030, and is expected to outline a detailed emissions reduction plan by the end of March.

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