Suncor Energy, a Canadian integrated energy company that is one of the top oil sands producers in the country, will strengthen its focus on hydrogen and renewable fuels to accelerate progress towards its objective to be a net-zero company by 2050. Suncor also plans to divest its wind and solar.
Canada’s new climate plan is the most comprehensive and detailed so far, and despite some shortcomings, many Canadian environmental organizations say it is an important step in the right direction.
Canada’s natural gas producers will face the greatest burden among energy companies under Prime Minister Justin Trudeau’s new emissions-reduction plan, just as the industry faces renewed pressure to increase output.
Carbon capture tax credit a divisive topic; opinions split over potential benefits jwnenergy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jwnenergy.com Daily Mail and Mail on Sunday newspapers.
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