Plus, Canada’s oil sands have done little to reduce their greenhouse gas emissions, despite making billions in 2022
, competition for the supply of low-emissions energy is set to heat up. Thus, energy companies that undertake deep emissions reductions now are likely to be more competitive in a low-carbon future – including Canada’s oil sands
producers. “While the pledges and promises ... may give the impression that action on this front is imminent or already underway, our analysis here demonstrates that oil sands companies have yet to make the necessary investment decisions,” a study by the Pembina Institute says.More than a million Canadians identify as Muslim, but many arebecause they are prohibited by their faith from paying or receiving interest, which prevents them from taking conventional mortgages.
, it’s worth considering how to reduce and downsize. Then set a 12-months deadline for getting rid of the unit altogether, Carrick says.
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