Oil and gas know-how key to reducing emissions: Canada pension plan CEO - CanadianInvestor CanadiansInvest
Support for new Canadian oil and gas technologies will do more to reduce emissions than arbitrarily selling these investments
“We continue to invest in oil and gas with a view that here we have a sector that understands energy; that understands how to get energy into people’s hands. Divestment is cutting off all the engineering and scientific know-how that resides within that sector,” Graham told delegates at a“Our view is to be an engaged owner/investor within the companies we invest in and express our expectation of a path towards net zero.
“This is going to be hard. This is going to be non-linear. This is going to require lots of capital.”For example, in 2015 itand has invested $1.7 billion in the company. Wolf Midstream built and operates the Alberta Carbon Trunk Line, the world’s largest CO2 pipeline.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FCA Canada CEO David Buckingham on Stellantis ramping up EV future in CanadaGlobal automaker Stellantis is pouring billions of dollars — a commitment of $8.6 billion so far — into Canada’s nascent electric-vehicle industry and is halfway to its goal of hiring 650 research engineers, said David Buckingham, CEO of FCA Canada.
Read more »
Canada hammers Belgium in men's rugbyHALIFAX — Canada cruised to a 45\u002D0 win over the visiting Belgians on the rugby pitch Saturday afternoon in front of 4,412 fans who gathered in the heart of…
Read more »
Cohen: As Canada and the U.S. celebrate birthdays, their cultural differences growFor the first time, Canadians wonder if the Americans share our belief in democracy.
Read more »
Canada at growing risk of a loneliness crisis, report findsA new report looks at why Canada's aging population is at increased risk of experiencing social isolation and loneliness — and what some solutions might be.
Read more »
McDonald's Canada to end 'free hot drink' stickers on cupsThe days of collecting stickers from cups and claiming a hot drink after purchasing six will soon be a thing of the past at McDonald’s Canada locations as of December 2023.
Read more »