Suncor CEO Commits to Decarbonization Amid Greenwashing Accusations
Oil & Gas | Decarbonizing Oil & Gas Sector | Government Policies
- Rich Kruger, CEO of Suncor, commits the company to achieving carbon neutrality within 30 years. MPs criticise Kruger for greenwashing after he confesses to not fully studying new emission regulations.
- Despite divesting from solar and wind assets, Suncor invested $540 million in decarbonization last year, concentrating on clean fuels and carbon capture. The incident highlights ongoing conflicts between profitability and environmental responsibility in the oil industry.
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