Gordon Lambert, Senior Vice President for sustainable development at Suncor, one of Canada's largest oil producers, told a House of Commons committee yesterday that Kyoto targets will not affect their business.
Lambert stated: "We don't predict job losses or impact on the economy (because) of meeting Kyoto. We're focussed on what we can do as a company about the problem."
In the same committee meeting, the Calgary-based Pembina Institute tabled a report showing that bringing the oilsands into compliance with Kyoto would only cost $1 per barrel of oil produced.
http://www.desmogblog.com/oil-sands-exec-says-kyoto-targets-wont-hurt-industry
Lambert stated: "We don't predict job losses or impact on the economy (because) of meeting Kyoto. We're focussed on what we can do as a company about the problem."
In the same committee meeting, the Calgary-based Pembina Institute tabled a report showing that bringing the oilsands into compliance with Kyoto would only cost $1 per barrel of oil produced.
http://www.desmogblog.com/oil-sands-exec-says-kyoto-targets-wont-hurt-industry