Oilsands Industry Backs Oil and Gas Cap, Says VP

Posted : November 12, 2023

In a recent interview, Pathways Alliance Vice-President Mark Cameron vocalized the oil sands industry's support for an oil and gas cap. Cameron's sentiments have been echoed by other notable personalities in the field, including Chris Severson-Baker, executive director of an unnamed organisation, who too champions the idea of a strategic cap on oil and gas production.
1. Mark Cameron, Vice-President of Pathways Alliance, expressed the oil sands industry's support for a cap on oil and gas production in a recent interview.
2. Cameron's viewpoints have comparable backing from prominent people in the sector, including Chris Severson-Baker, the executive director of an unnamed organization.
3. Severson-Baker, who is affiliated with the Pembina Institute, views the endorsement of oil and gas caps as a major stride towards environmental sustainability.
4. The support for a cap is indicative of the oilsand industry's commitment to fight against climate change, and these efforts have been recognized by key figures like Mark Cameron, according to Severson-Baker.
5. As dialogues around reducing greenhouse gas emissions and transitioning to safer alternatives continue, tangible actions like the adoption of cap policies are increasingly necessary, portraying a shift in attitudes within the industry typically criticized for its environmental impact.
According to Natural Resources Canada, as of 2019, about 65% of the country's crude oil and 75% of its natural gas production was from the oil sands industry.
Chris Severson-Baker, Executive Director of the Pembina Institute, notes that the support of oil and gas caps is a significant step towards environmental sustainability. He emphasizes how the move illustrates the oilsand industry's commitment to combatting climate change, and acknowledges the efforts made by Pathways Alliance vice-president Mark Cameron. It's a powerful testament to the changing attitudes within an industry often criticized for its environmental footprint. As the conversation increases about ways to reduce greenhouse gas emissions and to transition to safer alternatives, demonstrable actions such as embracing cap policies are vital.