Tag Archives: Canada

Canada’s Oil Sands Need C$65 Billion to Hit 2030 Climate Goals | BLOOMBERG

By Robert Tuttle | Bloomberg Canada’s oil sands companies will need a massive amount of capital spending over several years to simultaneously meet domestic emissions targets while continuing to supply oil to a world looking for alternatives to Russian crude, according to Royal Bank of Canada economists. Oil sands producers will have to invest between C$45 billion […]