Canada Advances Carbon Capture in Oil Sands Amid U.S. Policy Shift

Canada's energy minister announced the government's commitment to developing carbon capture technology in the Alberta oil sands. Bloomberg posted on X, highlighting that this initiative aims to ensure the industry adapts to environmental changes despite the U.S. reversing its environmental policies. The Canadian government is focused on maintaining progress in sustainable practices within the energy sector, emphasizing the importance of innovation in reducing carbon emissions. This move comes as the U.S. alters its approach to environmental regulations, potentially impacting global efforts to combat climate change. The development of carbon capture technology is seen as a crucial step in aligning the oil sands industry with evolving environmental standards.