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GHG reductions<br />
39% better<br />
Since 1990, GHG emissions associated with every barrel<br />
of oil sands crude produced have been reduced by 39%.<br />
Source: Environment Canada<br />
Since 2007,<br />
these regulations<br />
Regulated<br />
have resulted in GHG<br />
reductions equivalent<br />
The Government of Alberta<br />
to taking 3.4 million<br />
implemented GHG regulations in<br />
cars off the road.<br />
2007 (the first jurisdiction in North<br />
America to do so) requiring a mandatory 12%<br />
reduction in GHG emissions intensity for all large industrial<br />
sectors including existing oil sands facilities, or a payment in<br />
lieu (current carbon price is $15/tonne).<br />
CCS<br />
The Federal and Provincial governments are investing<br />
approximately $3 billion to help make Canada a global<br />
leader in carbon capture and storage (CCS) technology.<br />
Industry and government are cooperating to demonstrate<br />
the commercial and technical viability of CCS in Canada.<br />
Source: Alberta Environment<br />
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