Part of what makes the oil we produce here in Canada ethical is our commitment to the high environmental standards. We are always striving to reduce the environmental impact of oil production through research, innovation, investment and technology. For example, According to Environment Canada’s measurements, the oilsands has reduced its per barrel GHG output by 29% since 1990.
Today the federal and Alberta governments announced a joint plan to help further reduce emissions and energy use in the oilsands through investment in research and experts in industry, academia and research organizations.
Minister of Natural Resources Joe Oliver was quoted saying “this agreement will allow the oil sands to continue to grow the economy and create jobs while reducing the environmental footprint through new and improved oil sands technologies.”
This announcement comes only a few weeks after the federal and Alberta governments announced a joint $50 million dollar plan that will increase monitoring in the oilsands.
Canada’s ethical approach never stops trying to do better and raise the bar.
You won’t hear announcements like these in conflict oil producing nations like Iran or Saudi Arabia. You’re far more likely to hear about a new yacht or private jet purchase. Or in the case of Iran, investment in nuclear weapons.