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Slower production growth and declining GHG intensity limited oil sands absolute emissions growth in 2023

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The greenhouse gas intensity of the Canadian oil sands continued to decline in 2023. Since 2009, S&P Global Commodity Insights estimates that the annual average GHG intensity of the Canadian oil sands declined 28%, or nearly 23 kgCO2e/b of marketable product (synthetic crude oil [SCO] or diluted bitumen [dilbit]). In 2023, the average GHG intensity ...

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