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Alberta’s oilsands: cash-generating machines or increasing liability in energy transition?

Mark Lowey
March 20, 2024

Alberta’s oilsands production plants have become “cash-generating machines” but the industry faces numerous challenges that could spell its demise, say economic, energy and policy experts.

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Other stories mentioning these organizations, people and topics

Organizations:	Cenovus Energy, ConocoPhillips, Energy vs Climate, Government of Alberta, Government of Canada, International Energy Agency, Pathways Alliance, Pembina Institute, Royal Dutch Shell, United Nations, University of Alberta, and University of Chicago
People:	Andrew Leach, David Keith, Ed Whittingham, Rhona DelFrari, and Sara Hastings-Simon
Topics:	Alberta budget dependence on oilsands royalties, Canada's decline in productivity levels, Canada's oil and gas industry workforce, Canada's oil production and exports, carbon capture and storage, challenges facing Alberta's oilsands industry, cheaper oil alternatives to the oilsands, Climate Change, declining global investment by oil companies, declining oil demand, economic benefits of oilsands, economic viability of Alberta's oilsands, energy transition to net zero, foreign companies existing the oilsands, future of Alberta's oilsands industry, generating productivity growth in the economy, GHG emissions from the oilsands, government subsidies for carbon capture and storage, growing oilsands production, growth in sales of battery-electric vehicles, impact of closing the oilsands on workers, impact of Newfoundland fishery closure, in situ SAGD oilsands facilities, investing in innovation, liabilities in the oilsands industry, outstanding liabilities in conventional oil and gas sector, Pathways Alliance carbon capture and storge network, productivity level of producing non-conventional oil, proposed federal cap on oil and gas industry's emissions, public investment to decarbonize the oilsands, reducing "emissions intensity" in the oilsands, slowed investment in the oilsands, UN COP28 climate summit, and uncertainties in global oil market

Alberta’s oilsands: cash-generating machines or increasing liability in energy transition?

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Alberta’s oilsands: cash-generating machines or increasing liability in energy transition?

Events For Leaders in Science, Tech, Innovation, and Policy

Discuss and learn from those in the know at our virtual and in-person events.

Events For Leaders in
Science, Tech, Innovation, and Policy