These oilsands companies raked in $35B last year. Now, they’re asking for public money to help fight climate change

  • 📰 TorontoStar
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 55%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Canadian oilsands companies in the Pathways Alliance were in the black to the tune of $35 billion last year, but the money they’re spending on their much-vaunted carbon capture project has been relatively modest.

 

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

Eco-colonialism

What? All those PR style commercials saying they want to be conscientious about the environment were a lie? All those times they whined they don't make enough $$ was also a lie? Again stop putting trust in corporations that make promise ads they'll stop being evil. They won't

If they don't like it we should just enforce the required 80% cut in fossil fuel emission required by 2030 and 'oil companies just have to meet the target, let them figure out how.'

PR is cheap compared to greenwashing. Textbook oil and plastic industry, decades of predatory delay.

We need to end tax payer subsidies to this industry. They take in billions, are not good corporate citizens and most importantly... They don’t need it. Invest those billions in giveaways in healthcare, education and housing instead.

Cielo waste solutions all the way!!

Toronto is full of Bs ! We should help them as we rely on this to hear our homes make products and even drive our cars to work.

Let alone cleaning up the toxic tailing ponds. The best way to keep toxic chemicals out of the water is to bulk dump toxic chemicals into the water supply? Clean the toxic tailing ponds. Full Stop. It's in the water FFS! ableg

Is there any incentive for them to invest billions in cleaner tech when the Government is trying to phase them out?

Good. Go woke, go broke. I'd rather collect that money in dividends than on a feel-good measure. The amount of CO2 they produce in a year is probably equalent to what is produced by China in an hour.

PierrePoilievre proof that JustinTrudeau ‘s carbon tax is only helping the companies $$$.🇨🇦’ns pay out of personal pocket, struggle to heat their homes, put food on the table… MichelleRempel in your back yard as Albertans struggle to survive..keep up the good work CPC_HQ

False. The Star is letting 350 write its articles.

This is ridiculous. The fed should legislation that these companies use a portion of profit to directly built green energy projects instead of merely investing.

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:

 /  🏆 60. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines