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Expanding energy supply while managing GHG emissions
The core sustainability challenge for the energy industry is how to provide the energy that enables economic development while reducing the environmental footprint associated with energy use. Meeting this challenge will require the use of all economically viable energy sources. Therefore, we are focused on improving the efficient supply of current energy sources, such as oil and natural gas, while developing potential new sources of energy, such as algae.
Global demand for cleaner-burning natural gas is expected to increase by more than 50 percent by 2030, making it the fastest-growing major energy source for power generation.
The oil sands industry accounts for 5 percent of Canada’s GHG emissions, and less than 0.1 percent of the world’s total emissions.
