Oil sands emissions intensity declines amid ESG headwinds – Bloomberg

Oil sands emissions intensity declines amid ESG headwinds – Bloomberg

Photographer: Ben Nelms / Bloomberg

Photographer: Ben Nelms / Bloomberg

According to a new study, Canada’s tar sands emitted about 2% less carbon dioxide per barrel of oil produced in 2018, a sign of progress towards solving environmental problems.

Emissions intensity in the tar sands has declined 20% since 2009 to the equivalent of around 70 kilograms of CO2 per barrel pumped, based on…

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