Not that many years ago, the idea of showcasing the Canadian oilsands at an international summit on climate change would have been laughable.
"There's a recognition that there's a massive decarbonization challenge ahead of us as Canadians and globally. No one party can do that on their own, we have to be working together." But the Pathways members — Suncor Energy Corp., Imperial Oil Ltd., Canadian Natural Resources Ltd., Cenovus Energy Inc., MEG Energy Corp., and ConocoPhillips Canada — have collectively pledged to work together to reduce the sector's absolute emissions by 22 million tonnes by 2030 and to reach net-zero by 2050.
The group is also planning an additional $7.6 billion investment in other major emissions reduction projects and technologies, including hydrogen development and steam reduction.
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Mark Carney's dream of a greener finance industry risks 'existential crisis'One year on, the former Bank of Canada governor’s $130\u002Dtrillion alliance risks falling short of expectations and promises. Read on Well it’s a good thing that he’s heavily invested in oil & gas then via his position as vice chair for Brookfield Asset Management. His green investors will go broke but he’ll do A OK! Double dealer!
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