In true Canadian fashion, Canada is a leader in friendly oil.
Canada is often termed the friendliest country in the world, and we are now on track to claim that title for our oil as well. Why? Because Canadian energy companies have faced more scrutiny than other sectors of the energy industry, and have been practicing high quality environmental, social, and governance performance long before it was standard.
As the world catches up and demand for friendly, clean energy increases, Canada is pulling ahead as a top supplier.
Some top achievements include reducing greenhouse gas emissions by 27% since 2013, increasing investment year-over-year into Indigenous business, and overall reducing fresh water use per barrel by 40% since 2014.
Many innovative technologies have been on-deck over the last year and are ready to go and show promise for even further reduction in environmental impact. Recent geology advancements have provided the potential for less invasive mining and extraction practices, which would allow oil sands to be centralized at a single facility rather than thousands of oil sands stretching across provinces.
Jared Dziuba, lead author of a recent report by BMO Capital Markets, says there is even an opportunity to repurpose oil sands bitumen for products such as asphalt, carbon fiber, and vanadium flow batteries.
The Canadian approach is once again proving to be making a large impact on the global stage, proving that being ‘friendly’ is always in demand.
The True Nature of AiM Land –
We are a full service land consulting firm with innovative and expert knowledge of the land. We offer expertise for a broad spectrum of major energy projects across Canada and the United States. We are a full-service broker that does all portions of a project internally; we do not outsource any part of the work. We utilize leading edge technology to reduce costs, improve communications, and ultimately deliver the project more efficiently and done for the best price. Our strong and dynamic team brings extensive knowledge from the field and varying experiences to each project.
Reach out to connect with us to learn how we can help with your project.