GOALS

By 2050, we intend to have completely eliminated the annual emmitions from oil sands.

OUR GOALS

Our goal is for Canada to achieve its climate objectives and to established itself as world's go-to-source for ethically generated oil

CARBON CAPTURE & STORAGE

Reducing carbon emissions through carbon capture and storage (CCS) could be crucial in the fight against global warming. It involves capturing the carbon dioxide produced by power plants or other industrial processes, such the production of steel or cement, transferring it, and then storing it underground after being shipped or piped from the site of production, this carbon is taken to be buried deep underground in geological formations

NET ZERO

Achieving a balance between greenhouse gas emissions created and emissions removed from the atmosphere is referred to as "net emissions

To reach net zero, we must be able to emit some emissions and offset them with actions that lessen the amount of greenhouse gases currently present in the atmosphere. This can include initiatives like establishing new trees or drawdown strategies like direct air capture. To achieve net zero emissions, we must sequester more carbon dioxide from the atmosphere than is now being created

METHANE EMISSION

Natural gas mostly consists of methane (CH4). Methane is a powerful greenhouse gas (GHG) with a global warming potential that is more than 80 times more than carbon dioxide (CO2) over a 20-year period and more than 25 times greater over a 100-year period. Methane is a colourless, odourless combustible gas.

In the oil and gas industry, methane emissions are frequently classed based on how they are released

Venting of equipment that is done on purpose for safety or functioning. When natural gas is used to power equipment controls and pumps, venting from these components happens. In order to transfer gas, compressors raise its pressure, yet they normally release modest volumes. To prevent equipment failure due to pressure variations, tanks and other systems not intended for high pressure are directly vented or include safety devices that may vent gas. Because there is no urgent demand for the gas on site as fuel and there is no infrastructure to carry it off-site, generated gas is often flared or vented at oil production plants.

ZERO CARBON EMISSION

Few countries must take the lead in the global effort to eliminate carbon emissions before many others do. Canada ought to take the lead. There is little doubt that it will require change from all of our families, businesses, and governments. We are capable of doing it: The financial industry is prepared to act on reducing climate risk and promoting low-carbon growth, there is strong national alignment, many firms are on board to reduce emissions, policymakers are studying the best ways, and innovative entrepreneurs