Canadian Oil Industry Goes Silent On Emissions Amidst New Legislation

In June this year, a Canadian oil industry association struck back at the federal government by removing all information about emission-cutting activities from company websites. The move followed the passing of legislation that could potentially turn such information into grounds for legal action on the basis of greenwashing. So, oil sands producers stopped talking about emissions. Yet this has not stopped climate activists from pushing for more cuts.

' 'The greenwashing legislation doesn't preclude things like announcing final investment decisions on carbon capture projects or emissions reduction projects,' Matt Dreis, a senior oil and gas analyst at the Pembina Institute and author of the report, told Bloomberg. 'If we want to be leaders in that sector, we're going to need to get projects like this across the finish line,' he added.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

UK Oil and Gas Industry Hits Emissions Target Four Years EarlyThe UK oil and gas industry has significantly reduced emissions ahead of schedule, but faces potential tax hikes that could hinder clean energy transition funding.
Herkunft: OilandEnergy - 🏆 34. / 68 Weiterlesen »

Why No Major Oil Company Is Rushing To Drill Pakistan's Huge Oil ReservesA long exploration effort has led to the reportedly massive discovery of oil and gas reserves in Pakistan's territorial waters, but no oil majors is rushing to commercially drill those reserves
Herkunft: OilandEnergy - 🏆 34. / 68 Weiterlesen »

Currie Claims Fears of an Oil Market Glut Are 'Completely Overplayed'A leading oil analyst warns that the market is overestimating a potential oil supply glut, citing underestimated Chinese demand and stable US crude oil production.
Herkunft: OilandEnergy - 🏆 34. / 68 Weiterlesen »