Canada pipeline possible if carbon captured


Carney said it’s “absolutely in our interest” to de-carbonise Canada’s oil and consider a new conduit to allow more crude exports without having to sell it to the United States. — Bloomberg

OTTAWA: Prime Minister Mark Carney says he sees opportunity for Canada to build a new pipeline to ship more oil to foreign markets, if it’s tied to billions in green investments to reduce the industry’s environmental footprint.

The prime minister, speaking after a summit with provincial leaders on Monday, said it’s “absolutely in our interest” to de-carbonise Canada’s oil and consider a new conduit to allow more crude exports without having to sell it to the United States, which already buys some four million barrels a day from its northern neighbour. 

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