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Major oilsands companies partner to achieve net-zero emissions by 2050


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Five major oilsands operators have formed an alliance to achieve net-zero greenhouse gas emissions at their sites by 2050, as the industry faces political and investor pressures to help Canada meet climate goals.
The Oil Sands Pathways to Net Zero initiative, announced Wednesday, includes Suncor Energy, Canadian Natural Resources, Cenovus Energy, Imperial Oil and MEG Energy. The companies represent a combined 90 per cent of the oilsands’ production. They will work with the federal and provincial government and Indigenous leaders to achieve the goal.
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New York , United States , Cold Lake , Brad Corson , Alex Pourbaix , York State Pension Fund , Imperial Oil , New York State Pension Fund , Fort Mcmurray Wood Buffalo , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , குளிர் ஏரி , பிராட் கோர்சன் , யார்க் நிலை ஓய்வூதியம் நிதி , ஏகாதிபத்தியம் எண்ணெய் , புதியது யார்க் நிலை ஓய்வூதியம் நிதி , கோட்டை மக்மரே மரம் எருமை ,

Canada's top pension funds boost investments in high-carbon oil sands | Hellenic Shipping News Worldwide


Canada’s top pension funds boost investments in high-carbon oil sands
Canada’s biggest pension managers boosted their investments in the country’s major oil sands companies in the first quarter of 2021, raising questions about the funds’ recent commitments to greening their portfolios.
The cumulative investment by the country’s top five pension funds into the U.S.-listed shares of Canada’s top four oil sands producers jumped to $2.4 billion in the first quarter of 2021, up 147% from a year ago, a Reuters analysis of U.S. 13-F filings show. Much of that increase, which bucked a declining trend since 2018, came from rising prices of shares already owned, but the funds also purchased more shares. ....

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