Pathways Alliance, a group of six Alberta oil sands producers, is making progress on a $12-billion carbon capture and storage project but is seeking more government funding.
Organization: Oil Sands Pathways to Net Zero Alliance
The Short Report – June 22, 2022: A big investment in CCRM’s OmniaBio, feds seek to advance digital charter, forging a new oil sands alliance, launching a climate impact accelerator, and more.
South Korea’s Medipost acquires OmniaBio for contract development and manufacturing; Ottawa introduces legislation to bolster trust in the digital economy; a new oil sands alliance combines Canada’s three major oil producers, KPMG Canada and MaRS Discovery District launch a climate impact accelerator program, and more.
Canada’s first “credible” climate plan requires rapid policy implementation and massive investment, independent experts say
The federal government’s new climate plan is the most credible ever produced with the policies needed to meet Canada’s climate goals, but it will take accelerated policy implementation, massive private and public investment, and unprecedented technology deployment to actually achieve carbon emissions-reduction targets in 2030 and 2050, according to two independent think tanks.