Absolute Greenhouse Gas Emissions from Canadian Oil Sands Near-Flat in 2023 Even as Production Grew
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Absolute greenhouse gas emissions from Canadian oil sands production increased by less than 1% in 2023, despite a rise in production. This marks the third consecutive year of minimal emissions growth, as reported by S&P Global Commodity Insights.
November 07, 2024 | 4:45 pm
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NEUTRAL IMPACT
S&P Global Commodity Insights reported that Canadian oil sands emissions grew by less than 1% in 2023, despite increased production. This indicates a trend of minimal emissions growth.
S&P Global Commodity Insights provided the analysis on emissions, which is relevant to their role in providing market insights. However, the direct impact on SPGI's stock is neutral as the news is more informational than financially impactful.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 50