
Energy transition does not mean abandoning Canada’s essential oil and gas resources. But it must mean eliminating the greenhouse gas emissions they produce.
Energy transition does not mean abandoning Canada’s essential oil and gas resources. But it must mean eliminating the greenhouse gas emissions they produce.
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.
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.
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.