The Pathways Alliance is the unprecedented collaboration among Canada’s oil sands producers to address the critical challenge of climate change. It’s one of the greatest challenges of our time and there is no single path to net zero for the oil sands. That is why we are exploring a variety of new approaches and innovative solutions to achieve a goal of net zero emissions by 2050.
Our companies operate facilities representing about 95 per cent of Canada’s oil sands production which includes Canadian Natural, Cenovus Energy, ConocoPhillips Canada, Imperial, MEG Energy and Suncor Energy.
The Pathways Alliance has developed a three-phased plan with key short-term steps to reduce carbon emissions so we can achieve net zero emissions by 2050. Our goal is to reduce our emissions by 68 megatonnes over the next 30 years – that is the equivalent of removing almost 15 million cars from the road (equivalent to half the cars in Canada) while remaining a reliable source of oil.
According to internationally-recognized forecasts, oil will continue to be needed through 2050 and beyond as a part of a diverse and stable energy mix to meet the demand of both North American and global energy markets. Canadian oil, produced with net zero emissions, is uniquely positioned to offer a reliable and responsible component of the energy mix.