We focus on ways to reduce air pollutants, decrease emissions intensity and improve energy efficiency:

• more than 99 percent of our production is cleaner burning natural gas
• we focus on developing technology to reduce greenhouse gas emissions
• we are involved in the creation of industry best practices

We support the need to put an equitable, economy-wide price on carbon. This ensures everyone who contributes to the issue is part of the solution.

Our strategy for managing the uncertainty of emerging carbon regulations has three primary elements:

1. Manage existing costs of carbon emissions When regulations are implemented, a cost is placed on our emissions (or a portion thereof). While these are not material at this stage, they are being actively managed to ensure compliance. Effective emissions tracking, attention to fuel consumption, and focus on minimizing our steam to oil ratio help to support and drive cost reduction.
   
   
2. Respond to price signals As regulations for greenhouse gases develop in the areas where EnCana works, inevitably price signals begin to emerge. We have initiated an Energy Efficiency Initiative to reduce energy usage from our operations. The price of carbon plays a role in the economics of efficiency efforts. We're also attempting, where appropriate, to realize the associated offsets value of its reduction projects.
   
   
3. Anticipate future carbon-constrained scenarios We continue to work with governments, academics and industry leaders to develop and respond to emerging greenhouse gas regulations. By remaining engaged in the debate on the most appropriate means to regulate these emissions, we gain knowledge that allows us to explore strategies for managing our emissions and costs. These scenarios impact our long-term planning and our analyses on the implications of regulatory trends.