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Our vision is for Canada to meet its climate goals and to become the preferred supplier of responsibly-produced oil to the world.

Our goal

Our goal is to reduce annual oil sands emissions to net zero by 2050.  

“The energy sector is a big part of our GDP and it’s very important for Canada’s current account balance.”
Chrystia Freeland, Deputy Prime Minister of Canada

Why net zero?

There is no switch to turn off hydrocarbons and quickly ramp up renewables in a way that ensures a stable supply of reliable, affordable energy. All forms of energy will be required and by driving down our GHG emissions to net zero, Canada’s oil sands will be well-positioned to help facilitate an orderly transition. 

What this means for Canada

Canada has joined over 120 countries in committing to the Paris Climate Agreement. Our plan is essential to Canada’s efforts to reach its climate goals, including its net zero by 2050 ambition.  

By tackling our emissions challenge head-on, we’re working to ensure the oil sands can offer Canada, and the world, a sustainable product and a higher degree of long-term energy stability and certainty. 

By the end of the decade, the Pathways Alliance member companies have the potential to generate approximately 35,000 jobs in construction and clean tech, protect 25,000 to 35,000 existing jobs, and add another 1,000 permanent jobs to support our low-emissions facilities compared to a status quo scenario. 

A healthy, sustainable oil sands industry, that can make meaningful emissions reductions, could contribute an estimated $3 trillion to the Canadian economy over the next 30 years.

 

Comparable projects

The proposed plan is similar to the Longship/Northern Lights projects in Norway and the Porthos project in the Netherlands. There are other similar projects here in Canada and in other countries across the globe. Each one requires significant collaboration between industry and government.

“The petroleum industry has been one of the engines of the Norwegian economy for more than 50 years. We must transfer investment, capital, networks and knowledge to emerging and new industries.”
Prime Minister Erna Solberg

Northern Lights (Norway)

The Northern Lights project captures CO₂ from industrial sources in the Oslo region and ships it to an onshore terminal on the Norwegian coast. From there, it’s transported by pipeline to a storage location under the North Sea.

Porthos (Netherlands)

Porthos is developing a project to transport CO₂ from industry in the Port of Rotterdam and store it in empty gas fields beneath the North Sea. Porthos stands for Port of Rotterdam CO₂ Transport Hub and Offshore Storage.