Canada’s oil and gas industry is improving environmental performance – Canadian Investor

Canada’s oil and gas industry is improving environmental performance - CanadianInvestor CanadiansInvest

There is an ongoing false narrative that Canada’s oil and gas industry has a poor track record when it comes to the environment

According to Statistics Canada, environmental protection spending is money used to prevent, reduce or eliminate pollution or other environmental degradation, or restore the environment from a degraded state. This investment is used to advance new technologies and approaches to reduce environmental impacts like greenhouse gas emissions, water use and oil sands tailings.Canada’s oil sands producers reduced so-called “legacy tailings” by 24 per cent – or nearly 240 million cubic meters – over the last five years.Tailings are a byproduct of mining operations around the world. In the oil sands, tailings are a mixture of sand, silt, clay, water and residual bitumen produced in the extraction process.

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