Oil sands project in Canada cancelled due to uncertainty about climate policy

Oil sands project in Canada cancelled due to uncertainty about climate policy

Teck Resources Ltd’s cancelled a planned $15 billion oil sands mine in northern Alberta, citing uncertainty about Canada’s climate policy underscoring the impact of opposition to fossil fuel development due to concerns about climate change and other environmental impacts. Projects in the U.S. and Canada, the largest and fourth-largest oil producers in the world, have been halted or delayed.

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