Canada’s largest oil sands producers announce unprecedented alliance to achieve net zero greenhouse gas emissions [Canadian Business Journal (Canada)]
Canadian Natural Resources Limited (CNQ)
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Source: Canadian Business Journal
CALGARY, Alberta, June 09, 01 (GLOBE NEWSWIRE) — Canadian Natural Resources, Cenovus Energy, Imperial, MEG Energy and Suncor Energy formally announced today the Oil Sands Pathways to Net Zero initiative. These companies operate approximately 90% of Canada’s oil sands production. The goal of this unique alliance, working collectively with the federal and Alberta governments, is to achieve net zero greenhouse gas (GHG) emissions from oil sands operations by 050 to help Canada meet its climate goals, including its Paris Agreement commitments and 050 net zero aspirations.As proud Canadian companies, members of the Pathways alliance share the aspiration of Canadians to find realistic and workable solutions to the challenge of climate change. The oil sands industry is a significant source of GHG emissions and the initiative will develop an actionable approach to address those emissions, while also preserving the more than $3 trillion in estimated oil sands contribution to Canada’s gross dom
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