Low-carbon technologies could disrupt global oil demand in the not-too-distant future the way COVID-19 crushed demand during the lockdowns worldwide, Mark Little, chief executive of one of Canada’s largest oil producers, Suncor Energy, wrote in an opinion piece published on Monday. “The temporary economic lockdown triggered by the 2020 pandemic is giving us a glimpse into a not-too-distant future where the transformation of our energy system could disrupt demand on a similar scale. Disruption breeds opportunity and forward-looking companies and countries will need to step up and lead,” Little and Laura Kilcrease, CEO of Alberta Innovates, wrote in an article in the Corporate Knights magazine. According to Suncor’s chief executive, Canada’s oil sands industry is positioned to lead in some innovative low-carbon solutions, such as carbon fiber – a material increasingly important for producing lighter vehicles, including electric vehicles (EVs). Asphaltene makes up 15-20 percent of bitumen and is […]