WE COULD BE WITNESSING A TURNING POINT IN THE OILSANDS INDUSTRY
Payne Institute Senior Research Associate Sara Hastings-Simon writes an opinion piece that rather than focus on a reduction of emissions, Suncor is looking at diversification. Recently, the CEO of Suncor, Mark Little, along with Alberta Innovates CEO Laura Killcrease wrote a call to action for oil companies in Canada. The piece was notable compared with previous statements for two reasons: both its acknowledgement of the potential for significant disruption to the energy system in a timeline that is “not-too distant,” as well as putting forward a proposal for the future that is fundamentally different from the goal to produce oil with a net zero upstream footprint. June 30, 2020.