The Globe and Mail recently reported that four of Canada’s largest oil sands companies are meeting with leading environmental groups to discuss reducing their opposition to various pipeline projects. Senior figures from Cenovus Energy Inc., Suncor Energy Inc., Royal Dutch Shell and Canadian Natural Resources Ltd. are reportedly involved in the talks, along with unnamed environmentalists.
The article suggests the oil companies’ recent support for the Alberta government’s climate policy may be leveraged to reach a compromise between the two camps, which are often at loggerheads over energy industry developments. It also notes that environmental organizations themselves are divided over certain issues such as whether to completely oppose pipeline projects, or to work with the federal and provincial governments to fulfill climate targets while potentially supporting new infrastructure.
Pipelines and climate policies have dominated recent news, with Premier Rachel Notley meeting with Prime Minister Justin Trudeau’s federal cabinet at its Kananaskis retreat last week to advocate approval for pipeline projects. Additionally, the Prime Minister was in New York to sign the Paris climate treaty last week.
To read the full article from The Globe and Mail, click here.