'Time is incredibly tight': New report adds clarity to challenge of cutting oilsands' emissions

The scale of investment needed and a short timeline make success a long shot. Read more

In the next decade, the oilsands sector will need to not just stall, but reverse its trend of rising greenhouse emissions in order for Canada to meet its 40 per cent climate change reduction commitment by 2030.

“It is possible but it is incredibly ambitious,” said Birn. “And time is incredibly tight when you think about all the things that have to happen, and we don’t have a permitted project yet.” Depending how oilsands’ emissions are accounted for, they represent anywhere from 68 million metric tons to 84 million metric tons per year.called the plan “very aggressive,”Meanwhile, the Pathways Alliance, an organization of the six largest oilsands producers, have set a collective ambition of cutting 22 million metric tons by 2030, but have not committed to reducing emissions below any baseline level.

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