E:CC - Keys to Decarbonizing the Oil and Gas Industry

In the face of a global push for sustainable energy , the Canadian oil and gas industry is slated to generate more than $250 billion over the next 10 years. This anticipated growth is not simply a matter of constructing additional pipelines and operating business as usual, however, as oil and gas companies face mounting pressure from both environmental advocates and regulators to reduce their carbon footprint.

Compliance is in the industry's best interest — and it’s not just because of potential administrative penalties. As the world continues to move toward a net-zero emissions target, governments have begun to develop their own carbon reduction strategies, supported through new regulatory policies and framework, which include industry-specific sustainability incentives.

These programs are especially critical in the oil and gas industry, as among the largest sources of greenhouse gas emissions, if the world is to achieve its net-zero goals. This requires not only incredible innovation, but also multi-sector collaboration across the entire value chain. Investment capital will be the vessel that drives this innovation and collaboration.

For further details see: