Climate change is a serious global issue that affects everyone, industry and consumers alike. It is one of the toughest environmental issues that’s impacting Petro-Canada today and will continue to in the foreseeable future. Petro-Canada is not only concerned, we are also impacted. Climate change is a complex issue, that requires integrated solutions. Ultimately those solutions must find the balance between energy, the environment and the economy. With a strong track record of success, a commitment to succeed and the resources to back it up, we feel that we’re well positioned to find that balance.
Petro-Canada creates value by responsibly developing energy resources and providing world class petroleum products. We emit GHGs primarily through fuel combustion at our production facilities. Through Petro-Canada’s Climate Change Executive Steering Committee and Climate Change Working Group, we have created a strategy to balance the needs of the environment, economic interests and the energy needs of our customers. We realize there is much more to do, but know that worthwhile sustainable changes take time to implement properly. We believe it is possible to have an approach to climate change that improves environmental quality, while enabling us to remain globally competitive. The solutions are complex and global. They rely on a realistic discussion of the costs, the technology solutions and the time to make ideas into realities.
“Climate change and the environment are top issues for Petro-Canada. By taking the same strategic approach as we would to any other area of our business, we can operate in an environmentally responsible way by reducing our emissions intensity, while still remaining economically competitive.”
— Ron Brenneman, president and CEO, Petro-Canada
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