But we don’t think it’s a fatal flaw,” said Michael Belenkie, CEO of Advantage Energy, a mid-sized producer that is pursuing carbon capture and storage developments.
MEG is part of the Oilsands Pathways to Net Zero Alliance, a group of six companies working together to reach net-zero emissions by 2050.
Some environmental groups lambasted the feds for the new measure, but Jan Gorski of the Pembina Institute said the 50 per cent level was appropriate.
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