OTTAWA — Canada's ongoing political battle between climate action and the economic benefits of the oil and gas industry will be on full display today as the CEO of oilsands giant Suncor appears at a House of Commons committee.
Rich Kruger was invited to the natural resources committee after he spoke to shareholders in August about refocusing the company on its oil business and reducing the emphasis on the transition to lower-emitting energy sources.
Kruger said in an op-ed published in the Calgary Herald in September that his comments were taken out of context and that the company was still committed to decarbonizing its core oil business. However, Suncor began retreating from renewable energy even before Kruger took over as CEO, moving last year to sell off its solar and wind power assets.
"I think it will be an interesting meeting having a CEO of a major oil company at committee, and I think it would be good to hear from his perspective on the direction of his company and the future of the energy industry and why he made the comments he did."
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