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Coincidentally, four major Canadian producers are uniting in an alliance for net-zero by 2050. The four are responsible for 90% of oil-sands production [1]. To
by tamersalama 5y ago
Coincidentally, four major Canadian producers are uniting in an alliance for net-zero by 2050. The four are responsible for 90% of oil-sands production [1]. To me, this makes Canadian energy a more responsible source compared to many US-based and other international producers. [2]
[1] https://calgary.ctvnews.ca/major-canadian-oilsands-producers-partner-in-move-toward-net-zero-greenhouse-gas-emissions-by-2050-1.5462675 https://calgary.ctvnews.ca/major-canadian-oilsands-producers...
[2] https://www.nsenergybusiness.com/features/oil-companies-net-zero/ https://www.nsenergybusiness.com/features/oil-companies-net-...
- eloff 5y agoWell, I don't think we can take all the credit. Suncor is a US company, my dad used to work there during the takeover when it was Petro Canada. Edit: I take that back, it's always been a Canadian company. I'm thinking about something else, there was another takeover or merge with a US company back before 2000. That's before the Suncor merger. Very heartening to see though.
- cmehdy 5y agoNet-zero amongst companies is often a matter of paying a tax on what you still emit or shifting the accounting of emissions to not fully measure the entirety of your emissions (or to offload that onto other parts of society). It's fine to encourage companies to try and do things like that, but it's also important to keep that congratulatory tone in check when it comes to a world that still incentivizes profits singularly and doesn't necessarily put the price of ecologic externalities that they might deserve. Net-zero sounds perhaps cool but there should be some important education done for everybody to understand that it's far from Gross-zero (or near zero), which would be much closer to what we actually need to avoid some pretty cataclysmic collapses sooner than most people realize.