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Canadian oil and natural gas is a cleantech industry

Canada's oil and natural gas companies spend more on clean technology investments than all other industries - combined.

According to a study, Canadian companies spend about $1.4 billion a year on clean technology investments—and 75 percent of that comes from our oil and natural gas industry.

The study was performed by Global Advantage Consulting Group, conducted for the Clean Resource Innovation Network.

"Anybody that doesn't see us as clean-tech is sadly mistaken," said  Joy Romero, vice-president of technology and innovation at Canadian Natural Resources Ltd. in an interview with the Financial Post for its story: "Oilsands step up to take on clean tech challenge."

The investments are being used to create new technologies that drive down carbon emissions, water use and land disturbance.