Abandoning fossil fuels plunging many Europeans into darkness

Natural gas in Europe rising to five times what it was in early 2021

Abandoning fossil fuels plunging many Europeans into darknessBy Mark Milke and Ven Venkatachalam Canadian Energy Centre With the recent rise in the price of natural gas in Europe to five times where it was in early 2021, expect to see many more Europeans and those in the United Kingdom plunged into what’s known as energy poverty. From Greece to Great Britain, the…

Oil and gas extraction sector contributes $53B to federal finances

Much of Alberta's revenues end up in provinces such as Quebec via federal transfers

Oil and gas extraction sector contributes $53B to federal financesBy Mark Milke and Lennie Kaplan Canadian Energy Centre Nearly 62 per cent of Alberta voters endorsed removing equalization from the Constitution in a recent referendum. Constitutional scholar Ted Morton, a former Alberta finance minister, argues that the province has leverage to force the issue. Others argue that equalization has a weak constitutional status, which…

Canada missing out on $1.2-trillion EU natural gas market

According to Natural Resources Canada, at the end of 2018 Canada had 73 trillion cubic feet (tcf) of proven natural gas reserves

Canada missing out on $1.2-trillion EU natural gas marketBy Mark Milke and Lennie Kaplan Canadian Energy Centre In 2009, the eastern European country of Ukraine endured a twin lesson in geopolitics and energy security: Russia cut off its natural gas supply in mid-winter. Russia’s public reason was that it was engaged in a pricing dispute with Ukraine. In reality, it was an attempt…

Europe remains dependent on imported oil from repressive states

Its policies on renewable energy mean that dependence will only deepen

Europe remains dependent on imported oil from repressive statesBy Mark Milke and Lennie Kaplan Canadian Energy Centre One of the more bizarre developments in Europe in recent years has been the twin policy path in which fossil fuels are discouraged in favour of wind and solar energy, but deals are struck with autocracies such as Russia to import more fossil fuel via pipelines.…

Canadian oil and gas sector has huge impact in U.S.

The reality is, Canadians have a significant stake in the United States oil and gas industry

Canadian oil and gas sector has huge impact in U.S.By Mark Milke and Lennie Kaplan Canadian Energy Centre One critical problem for political and business leaders is getting people to think outside their local box. While many people might prefer a local restaurant or coffee shop to a national chain, international trade is the very reason a Canadian restaurant can offer inexpensive vegetables in…

Oil and gas taxes play significant role in Canadian social programs

If the sector disappeared, taxes would have to be increased substantially to provide us with the services we have come to expect

Oil and gas taxes play significant role in Canadian social programsBy Mark Milke and Lennie Kaplan Canadian Energy Centre Between 1969 and 2019, Canadian parents received $499 billion in family allowance payments and children’s benefits from the federal government. That 50-year cost was matched by $505 billion in revenues to governments from the oil and gas sector – except that such taxpayer cash was collected…

Carbon tax a crushing load at the fuel pump

Owners of the most popular vehicles in Canada will pay much more in carbon taxes in coming years

Carbon tax a crushing load at the fuel pumpBy Mark Milke and Lennie Kaplan Canadian Energy Centre Except for a few blessed spots in southern Ontario and southern British Columbia, Canada is a cold northern country. That means that for six months of the year or more, snow can pile up on streets, highways, your driveway, and condominium and apartment exit ramps. And…

Who needs oil and gas in the next 30 years? Africa and Asia

Population and economic growth will continue. Absent a miracle, oil and gas will remain key

Who needs oil and gas in the next 30 years? Africa and AsiaBy Mark Milke and Ven Venkatachalam Canadian Energy Centre When the International Energy Agency (IEA) called for an immediate halt to all new oil and gas investment worldwide in May, it appears they neglected to account for two important realities: Africa and Asia. Those two continents have been in population and economic booms for decades.…

Why Canada’s oil and gas sector gets so little respect

Despite the dramatic decrease in carbon emissions intensity

Why Canada’s oil and gas sector gets so little respectBy Mark Milke and Lennie Kaplan Canadian Energy Centre Want to know why Canadian oil and gas gets so little respect from anti-oil and gas activists? It’s not because Canada’s main energy sector is somehow a miscreant on measures of carbon emissions or anything else. Instead, it is often due to three approaches: focusing only…

Robbing Peter to pay Paul with energy subsidies?

There is no subsidy pot of gold going to oil and gas companies that can be diverted to renewable energy ventures

Robbing Peter to pay Paul with energy subsidies?By Mark Milke and Lennie Kaplan Canadian Energy Centre When the issue of taxpayer subsidies for energy comes up – oil and gas and renewables alike – the public, policy-makers and media could be forgiven if they feel like they’re drowning. Endless decimal points and numbers that run into the trillions can make it near…
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