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

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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