PARIS, FRANCE -- (Marketwired) -- 05/06/13 -- The Honourable Joe Oliver, Canada's Minister of Natural Resources, was in Paris today promoting Canada as a safe, stable and environmentally responsible source of energy for both France and Europe.
"Canada's oil sands are a major global resource - a resource that will make an increasingly strategic contribution to energy security and economic stability," said Minister Oliver.
In Paris, Minister Oliver addressed the Canada-France Chamber of Commerce and met with energy business leaders. The Minister highlighted Canada's position on the European Union's proposed implementation of the Fuel Quality Directive (FQD).
"When it comes to the Fuel Quality Directive, Canada supports real, tangible measures to reduce GHG emissions for transportation fuels," added Minister Oliver. "Canada does seek and expect an approach to these measures that is based on science and the facts and provides fair and equal treatment."
The Minister noted that Canadian oil sands crude is a heavy crude oil with greenhouse gas emissions (GHG) similar to those of other heavy crudes found and produced throughout the world and currently consumed in the European Union (EU).
"Canada is transparent in publicly reporting the GHG emissions of the oil sands," said Minister Oliver. "There is virtually no data from many countries that produce crude oils used in the EU. Scientific evidence of their actual GHG emissions is either unknown or not disclosed."
Canada has a world-class environmental protection regime and is committed to working toward enhancing and strengthening it to ensure that natural resources are developed responsibly.
Canada aligned its GHG reduction target with the United States and called for a reduction of 17 percent from 2005 levels by 2020. It is estimated that Canada is already halfway to meeting this target.
Between 1990 and 2011, Canada reduced emissions per barrel of oil produced in the oil sands by 26 percent. Environmental requirements also include water quality, air quality and restoring disturbed land to a natural state. The oil sands are now subject to world-class environmental monitoring and reporting.
"Our Government has a plan for Responsible Resources Development that creates jobs, economic growth and long-term prosperity while protecting the environment," concluded Minister Oliver.
The Minister will now be taking these important messages to Brussels where he will meet with European parliamentarians and think tanks.
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