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flag Saskatchewan tribunal report warns of $43B revenue loss, 34K job losses by 2050 due to federal oil and gas emissions caps.

flag A Saskatchewan tribunal report claims that federal oil and gas emissions caps could harm the economy, predicting $43 billion in revenue losses and up to 34,000 job losses by 2050. flag The proposed regulations aim for a 35-38% emissions reduction from 2019 levels by 2030. flag However, the report contends these measures may not effectively lower global emissions, as production could shift to countries with looser standards.

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