Published by Todd Bush on November 29, 2024
TORONTO, ON – The Ontario government has unveiled the Resource Management and Safety Act, a sweeping legislative proposal aimed at addressing critical environmental, public safety, and infrastructure challenges. If passed, the Act will enhance wildland fire prevention, manage hazardous oil and gas wells, attract more land surveyors to meet growing housing and infrastructure needs, and regulate groundbreaking carbon storage technology.
“Our government is helping communities protect precious resources by taking steps to minimize the adverse environmental, economic and health impacts of wildland fires and hazardous oil and gas wells,” said Graydon Smith, Minister of Natural Resources.

>> In Other News: Boomer! University of Oklahoma joins Los Alamos in Work on Carbon Storage Hub
The Act proposes updates to the Forest Fires Prevention Act, introducing stricter penalties for those violating wildland fire regulations and requiring enhanced wildland fire management plans. These changes aim to reduce human-caused wildfires and their associated risks.
In addition, amendments to the Oil, Gas, and Salt Resources Act would empower the Ministry of Natural Resources to take immediate action against hazardous wells when operators fail to comply due to circumstances like bankruptcy. This includes the ability to recover costs from managing these risks, thereby protecting public safety and ensuring swift responses to emergencies.
Recognizing the critical role of land surveyors in Ontario’s rapid growth, the Act proposes changes to the Surveyors Act to attract more professionals to the field. This move supports the development of safe, affordable housing and key infrastructure, aligning with the province’s broader housing strategy.
A centerpiece of the proposed legislation is the Geologic Carbon Storage Act, which would enable the regulation of commercial-scale geologic carbon storage. This technology involves capturing CO2 emissions and storing them in deep underground rock formations, preventing them from entering the atmosphere.
The government projects that carbon storage could reduce greenhouse gas emissions by 5 to 7 million tonnes annually while creating approximately 4,000 short-term jobs. This would also lower carbon costs for Ontario industries by nearly $1 billion per year, positioning the province as a global leader in clean resource management.
“By mitigating emissions, carbon storage has the potential to transform Ontario’s essential natural resource industries into internationally recognized global suppliers of clean building materials while creating new good-paying jobs,” said Dawn Gallagher Murphy, Parliamentary Assistant to the Minister of Natural Resources.
The government plans to continue consulting with stakeholders, including Indigenous communities, to refine the framework as commercial projects are proposed. If the Act passes, supporting regulations will be developed to implement its provisions effectively.
“Our forestry sector is vitally important to Ontario, producing critical building materials, and managing and renewing Ontario’s forests, which can play an important role in reducing the risk of wildland fire,” added Kevin Holland, Minister of Forestry and Forest Products.
By introducing the Resource Management and Safety Act, Ontario seeks to balance environmental stewardship with economic growth, ensuring a safer, more sustainable future for communities across the province.
SOURCE: Government of Ontario
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🍁 Alberta Cuts Carbon Costs to Fast-Track Pathways CCS 🏛️ EU Unveils Sweeping ETS Overhaul With €100 Billion Industrial Decarbonisation Bank 🌱 Consultation: Major Revision to Bio...
Inside This Issue 🔋 IDF, Oaktree to Invest $1.7 Billion in Bloom Energy Fuel Cells for AI Infrastructure 🌬️ Airhive Acquires Carbyon, Creating a European Leader in Low-Cost Direct Air Capture Tech...
Inside This Issue ⚡ ECL and PowerCell Announce 300 MW+ Hydrogen Power Strategic Partnership for AI Data Centers, Supported by Bosch 🍁 Canada, Alberta Ease TIER Carbon Rules to Fast-Track Pathways ...
JERA Co., Inc. (JERA), a global energy leader and Japan's largest power generation company, today announced that it has signed a Memorandum of Understanding (MoU) with Samsung C&T Corporation (...
ZeroAvia and Safran Forge Partnership on Hydrogen-Electric Technologies
ZeroAvia and Safran have announced the launch of a collaboration dedicated to hydrogen-electric propulsion technologies for aviation. This partnership combines ZeroAvia’s cutting-edge expertise in ...
Clean Fuels Welcomes Hawaii Clean Fuel Standard for Alternative Fuels
JEFFERSON CITY, MO, Clean Fuels Alliance America applauds Hawaii Governor Josh Green, M.D., for signing legislation to create a clean fuel standard for the State of Hawaii. This new law will help d...
Air Liquide Invests Over 160M USD in the U.S. to Supply Advanced Chips Manufacturing in Arizona
Air Liquide announces a new investment of over 160 million US dollars to build, own and operate a new large-scale production facility in Arizona to supply essential ultra-high purity gases to the l...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.