NDP wants Suncor CEO to tell MPs why company moving away from focus on clean energy

  • 📰 sudburydotcom
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 89%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

OTTAWA — NDP MP Charlie Angus says the head of oilsands giant Suncor needs to explain to a House of Commons committee why he's moving his company's focus away from clean energy.

CEO Rich Kruger told investors on a conference call last month that the company was spending too much time transitioning to renewable fuels and needed to refocus on its core business of the oilsands.

A week later, during the Liberal cabinet retreat in Charlottetown, Environment Minister Steven Guilbeault said Kruger's comments underscored why regulation is needed to force oil and gas companies to reduce their emissions. Angus says after a summer of record global temperatures and devastating wildfires it is clear that no company should be allowed to abandon their responsibility to help fight climate change.

He will seek agreement from other parties to summon Kruger to the natural resources committee when it meets later this month. Liberal MP and committee member Julie Dabrusin says she needs to discuss the motion with her colleagues but does feel companies need to show how they will make climate change action a priority.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

NDP wants Suncor CEO to tell MPs why company is shifting focus away from clean energyRich Kruger told investors last month the company was spending too much time transitioning to renewable fuels and needed to refocus on its core business of the oilsands
Source: globeandmail - 🏆 5. / 92 Read more »

Alibaba's outgoing CEO Daniel Zhang quits cloud business in surprise moveBy Brenda Goh SHANGHAI (Reuters) -China's Alibaba Group on Sunday announced that Daniel Zhang will step down from its cloud business, in a surprise move ...
Source: SaltWire Network - 🏆 45. / 63 Read more »