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Published 1 year ago

Oilsands execs say they can't invest in decarbonization any faster, despite profits

Summary by CTV News
Oilsands executives insist they are all in on cutting emissions and will make big investments in green technology, but they maintain there isn't a place to invest that money yet. Many companies are coming off a year of windfall profits not because they pumped out more product, but because the war in Ukraine and global supply chain crunches pushed world oil prices way up.

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