Canada is a global leader when it comes to sustainable development of our natural resources. However, we need to keep our oil and natural gas industry competitive to avoid sending production, investment and jobs to countries that currently have no carbon price policies in place.
Top oil exporters: Who’s pricing carbon?
Of the world’s top 10 oil exporting nations, only one has implemented a price on carbon. Can you guess who?
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Good news: We’ve already started, and continued investment into new innovations in clean tech will take us even further in the years ahead.
While other countries increased GHG-emission-causing flaring activities, Canada’s flaring fell 42 percent despite increased production.
It’s more than a buzzword: CCUS technologies could enable a future that is both low carbon and energy abundant.
It’s a lower carbon future with natural gas and oil continuing to provide vital energy security to billions.
The province is the number two producer of oil in Canada; the industry supports more than 30,000 jobs.