oil sands Archives - Oil Sands Divestment

Oilsands Won’t Meet 2030 Emissions Cap Before 2035

This article was originally published in the Energy Mix on January 5th, 2023. With investors elsewhere turning up the heat on fossil companies to declare firm climate goals for the end of this decade, the Pathways Alliance is admitting it won’t likely comply with its 2030 emissions cap until 2035 at the earliest. In London,…

Pandemic Year Cuts Canada’s Emissions 9%, Oil Sands Show Only Modest Drop

This article was written by Mitchell Beer and originally published in The Energy Mix on April 20, 2022. Canada’s greenhouse gas emissions fell by 66 million tonnes during the first year of the pandemic. But not all of those gains likely survived the economic recovery in 2021, and only a small share of the emission…

Why more retirees are looking to green their retirement portfolios

This article was written by Joel Schlesinger and originally published in The Globe and Mail on October 19, 2021. Many greying Canadians are adding a green hue to their investment portfolios to make money, manage risk and leave a better world for their children and grandchildren. Responsible investing – which considers both financial returns and…

Oil is no longer king – and that’s fuelling a revamp in some schools

This article was originally written by Emma Graney and published by The Globe And Mail on September 11, 2021. Mustafa Al-Asadi has been stung by the energy sector before. When he graduated from the Southern Alberta Institute of Technology in 2014 with a petroleum engineering technician diploma, he landed a job in the industry right…

Canada Must Leave 83% of Fossil Fuels in the Ground in Latest 1.5°C Scenario

This article was originally published by The Energy Mix on September 9, 2021. Canada must leave 83% of its fossil fuel reserves and 84% of its tar sands/oil sands in the ground if the world is to have even a 50% chance of holding average global warming to 1.5°C, according to a paper published this…

Carbon Capture and Storage

Note From Oil Sands Divestment: In early June of 2021, the five largest Oil Sands producers in Canada, came together to announced their Pathways to Net Zero initiative. This initiative committed Canadian Natural Resources, Cenovus Energy, Imperial, MEG Energy and Suncor Energy with the goal of reaching net-zero GHG emissions in their oil sands operations…

Canada’s Next Climate Plan Must Finally Address its Blind Spot: Oil and Gas Emissions

This article was written by Eddy Perez and originally appeared in Climate Home News on June 28, 2021. Canadian politicians, including prime minister Justin Trudeau, often imply that Canada’s environmental policies give our country social license to extract fossil fuels. But you can’t be a climate leader while championing a high-carbon industry. With Canada expected…

Who Benefits: An investigation of Foreign Ownership in the Oil Sands – Summary of Report

This post was written by Oil Sands Divestment and published on July 1, 2021. On May 11, 2020, environmental organizations; Environmental Defence, Stand.earth, and Équiterre published an investigative report analyzing the foreign ownership of the Canadian oil sands. The COVID-19 pandemic greatly disrupted the global economy, including the oil and gas industry. However, prior to…

Old, small and CO2-intense: why Canada’s highest-carbon oil sands sites keep pumping

This article was written by Rod Nickel and was published on Reuters on June 28, 2021. WINNIPEG, Manitoba, June 28 (Reuters) – In the shadow of Canada’s mega oil sands projects, smaller, technologically outdated facilities produce up to three times more emissions per barrel than the already high sector average- and rising oil prices have…

Will Canada’s Oil Sands Survive The Green Revolution?

This article written by Haley Zaremba was originally posted on OilPrice.com on June 23, 2021. Canada’s climate is heating up at a rate twice as fast as the rest of the world. In order to avoid the worst impacts of climate change, experts have determined that it’s imperative to keep our world from warming more…