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Big Oil’s ‘monster profits’ and climate rollbacks
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Can Oil and Gas Producers Really Reduce Their Emissions?
I haven't seen a major policy shift coming from the federal government in regards to reducing emissions from the oil and gas sector. The industry's response to a cap like that will be to try to reduce the emissions at its operations as much as possible, while then selling its products overseas. So we could have a situation where oil and gas producers in Canada can credibly claim that their operations are some of the greenest in the world,. While they're still selling record numbers of oil and gas overseas and climate emissions are still going up.
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