Read on Twitter
I know it seems like I pick on the War Room a lot, but goodness, it's almost like they're asking for it. Take this latest piece of content they've pushed out in response to the decision by Norway's oil fund to sell off its holdings in oil sands companies. A thread for #ableg:
They start by pointing to a huge new project in their own back yard called Johan Svendrup that will produce nearly 500,000 barrels per day. Hypocrisy, amirite?
Except there's this: Its GHG emissions are 0.67 kg of CO2 per barrel. https://www.equinor.com/en/what-we-do/johan-sverdrup/climate.html
Except there's this: Its GHG emissions are 0.67 kg of CO2 per barrel. https://www.equinor.com/en/what-we-do/johan-sverdrup/climate.html
The global average is closer to 18 kg of CO2 per barrel. And Canada's oil sands? Well, they're even higher than that -- in some cases, a LOT higher.
Now, the good news about that chart is that those numbers have come down since 2016. Oil sands producers are reducing their per-barrel emissions, and they've made commitments to keep doing that. This is progress, and we should reward that. I don't actually support divestment.
Receipt here: https://www.vanmag.com/max-fawcett-why-ubcs-board-of-governors-was-right-to-vote-against-divestment
(there are others)
(there are others)
But! The Canadian Energy Centre isn't doing these companies, or this government, any favours. By drawing attention to Johan Svendrup, they make it clear just how much work the industry still has to do -- and why Norway's oil fund divested from it.
