Oilsands alliance: climate cure or costly delay?

Current Canadian policy is on track to support the production of oil and gas that will eat up 16 per cent of the entire world’s 1.5C carbon budget. Despite fossil fuel production being at record highs, jobs and revenue into government coffers have dropped significantly over the last decade.

The oilsands in Fort McMurray, Alta. Six years after Justin Trudeau’s promise to end fossil fuel subsidies, how should governments respond to their request for more than $50-billion in taxpayer subsidy, writes Bob Landell. The Hill Times file photograph by Jake Wright

Opinion

BY BOB LANDELL

July 5, 2021

VICTORIA, B.C.—Five companies that produce 90 per cent of Canada’s oilsands bitumen are lobbying government to support their Oil Sands Pathways to Net Zero alliance. The new initiative proposes to develop carbon capture utilization and storage (CCUS), “clean” hydrogen, and small modular nucl...

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