The proposed Keystone XL pipeline would connect the Canadian oilsands to the U.S. Gulf Coast market. Given the size, scope and market potential of the Keystone project, it would likely result in increased oilsands production.
The link between Keystone XL and Canadian oilsands production
Related Publications
Design recommendations for a national oil and gas emissions cap Pembina Institute comments and recommendations on the Regulatory Framework for an Oil and Gas Sector Greenhouse Gas Emissions Cap
Publication
Feb. 5, 2024-
By Janetta McKenzie
The Oil and Gas Sector Greenhouse Gas Emissions Cap, as proposed, represents a realistic and reasonable pathway to meaningful emissions reductions in the oil and gas sector this decade. The Pembina Institute generally supports the level and scope of the proposed cap; it is a crucial step forward in bending the curve on emissions in Canada’s highest-emitting sector. We also recommend that the regulatory development timeline for this emissions cap be accelerated where possible.
Waiting to Launch 2023 mid-year update Oilsands profits remain high, but companies are putting the brakes on energy transition spending, with no new investment in reducing emissions
Publication
Sept. 14, 2023-
By Scott MacDougall
The Pembina Institute’s third update to its Waiting to Launch report provides an analysis of efforts by members of oilsands consortium, the Pathways Alliance, to reduce their carbon emissions. Companies made no new investments in reducing emissions.
Comparing Canadian and American Financial Incentives for CCUS in the Oil Sector
Publication
March 15, 2023-
By Janetta McKenzie, Scott MacDougall
This report by the Canadian Climate Institute and the Pembina Institute shows Canadian oilsands don’t need more public support for carbon, capture, utilization, and storage technology to remain competitive with the U.S. oil sector. When all the regulations and incentives offered by Canadian governments are added together, they amount to more than those offered in the U.S. under the Inflation Reduction Act.