{"id":357254,"date":"2020-06-15T10:19:47","date_gmt":"2020-06-15T04:49:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=357254"},"modified":"2020-06-15T10:38:26","modified_gmt":"2020-06-15T05:08:26","slug":"canadas-oil-patch-cuts-back-climate-efforts-due-to-coronavirus-pandemic","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/canadas-oil-patch-cuts-back-climate-efforts-due-to-coronavirus-pandemic\/","title":{"rendered":"Canada&#8217;s oil patch cuts back climate efforts due to coronavirus pandemic"},"content":{"rendered":"<p>Canadian oil sands companies have shelved nearly C$2 billion in green initiatives in a cost-cutting drive to weather the coronavirus pandemic, a reversal in some of their commitments to reduce emissions and clean up their dirty-oil image. <\/p>\n<p>International oil firms left Canada in droves in recent years due to the high costs to turn a profit in the sector. Some investors and banks, meanwhile, halted financing in part to pressure the world&#8217;s fourth-largest crude producer to reduce the environmental impact of oil-sands production. <\/p>\n<p>This year, top producers Suncor Energy, Canadian Natural Resources and Cenovus Energy have cut a combined C$1.8 billion ($1.32 billion) in planned spending on green initiatives as losses mount due to economic lockdowns that have hammered oil demand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canadian oil sands companies have shelved nearly C$2 billion in green initiatives in a cost-cutting drive to weather the coronavirus pandemic, a reversal in some of their commitments to reduce emissions and clean up their dirty-oil image. International oil firms left Canada in droves in recent years due to the high costs to turn a profit in the sector. Some investors and banks, meanwhile, halted financing in part to pressure the world&#8217;s fourth-largest crude producer to reduce the environmental impact of oil-sands production. This year, top producers Suncor Energy, Canadian Natural Resources and Cenovus Energy have cut a combined C$1.8 [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-357254","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/357254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=357254"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/357254\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=357254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=357254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=357254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}