Canada Achieves Milestone in Environmental Protection with Surrender of All Pacific Coast Oil and Gas Permits
The voluntary relinquishment of the last remaining permits marks a significant step towards safeguarding the ecologically rich waters off Canada's Pacific coast.
- Canada has secured the surrender of all remaining permits for oil and gas development off its Pacific coast, marking a major environmental milestone.
- The move comes after Chevron Canada voluntarily relinquished 23 permits, with ExxonMobil also giving up permits last year.
- The federal moratorium on oil and gas exploration off the Pacific coast has been in place since 1972, but permits issued before then remained valid.
- The relinquishment of these permits is seen as crucial for the permanent protection of the region's marine ecosystems.
- Efforts towards decarbonization and conservation initiatives led by First Nations have played a significant role in achieving this outcome.