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
Comparing Canadian and American Financial Incentives for CCUS in the Oil Sector
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.
The future of oil in the energy transition Understanding global oil demand scenarios
New report from the Pembina Institute find that, for the first time, a range of oil demand scenarios — including those created by industry, international organizations, and research institutes — project that, if the current pace of climate policy action continues, global demand for oil will peak before 2030 and decline steadily afterwards.
Options to cap and cut oil and gas sector greenhouse gas emissions Submission to Environment and Climate Change Canada
This submission outlines the Pembina Institute’s comments and recommendations to the Government of Canada on its two proposed options to cap oil and gas emissions. Oil and gas production remains Canada’s largest source of emissions, and unlike some other industrial sectors, its emissions have continued to grow in recent years — by 19% between 2005 and 2019. To do its fair share, Canada’s oil and gas sector must also reduce its emissions by 45% from 2005 levels by 2030.