Canadian Oil Industry Shuts Up About Emissions After New Regulations

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.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: OilandEnergy - 🏆 34. / 68 Read more »

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
Source: OilandEnergy - 🏆 34. / 68 Read more »