Climate warning


Climate warning

Canada's oil companies won't do what they promise — instead, they bide their time, awaiting Poilievre

If money talks, then Canada’s oil and gas companies ought to have a lot to say right now. While commodity prices have softened recently, they’re still on track to post one of their most profitable years ever — one that will see record-high production on record-high revenue. But while they’ve said a lot about returning money to shareholders and paying down debt, they’ve been conspicuously quiet about anything to do with climate change. That’s because, as a new report from the Pembina Institute shows, they’ve barely spent any money on it. Take Canada’s biggest oilsands companies, which formed the Pathways Alliance more than a year ago and very loudly proclaimed their shared commitment to reaching net-zero emissions by 2050 and eliminating 22 megatonnes of greenhouse gases by the end of this decade.

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  • Musaad Abdullah

    34 w

    Almost all fossil oil producers behave the same way, and Carbon footprint is growing everywhere. Unless hold accountable, these companies will drag us backward and the World would never make it for 2030 #SDGs. We don't have time!!

    • Muhammad Fahd Khan

      34 w

      Oil companies are the worst!

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