Ottawa’s anti-oil ideology will hit the economy hard

Ottawa’s anti-oil ideology will hit the economy hardRisks killing the golden goose while doing nothing for the environment A tonne is a tonne is a tonne. Whether emitted by an oilsands mine in Fort McMurray, an auto plant in Oshawa, or a private jet manufacturer in Montreal, a tonne of CO2 emitted into the atmosphere has the exact same effect on our…

Political attacks on oil producers put votes before security

Political attacks on oil producers put votes before securityThe rest of the world has adjusted to the new reality. Why can't Trudeau and Biden?  What is the long-term future of a society that attacks its economic foundation for political gain? North Americans must ask this question. By putting politics first, some politicians in both the U.S. and Canada undermine North America’s core strengths…

The world needs Russian resources

The world needs Russian resourcesThe earlier world leaders acknowledge that fact, the better it will be for the entire world Fatih Birol, the guru of the energy world and executive director of the International Energy Agency (IEA), recently told Euronews that Russia will (ultimately) lose the energy battle it is waging against the West. But take that conclusion with…

Geothermal energy could give old oil and gas wells a new lease on life

Geothermal energy could give old oil and gas wells a new lease on lifeRetrofitting orphan wells to geothermally heat wintertime water for cattle Tapping the potential of geothermal energy could offer a way to repurpose inactive oil and gas wells, according to a University of Alberta experiment looking at the economic feasibility of heating drinking water for cattle. The case study modelled the economic pros and cons of…

Oil and gas demand to stay strong through 2050

Oil and gas demand to stay strong through 2050New IEA scenarios show that oil and gas will remain critical long into the future The latest outlook for energy demand to 2050 underscores Canada’s opportunity to supply responsibly produced oil and gas as the world works to reduce emissions. In all three scenarios published on Oct. 27 by the International Energy Agency (IEA), oil…

The good jobs of the future depend on a green industrial strategy today

The good jobs of the future depend on a green industrial strategy todayBut getting a green industrial policy right is no simple task  Canada has legislated a commitment to achieve net-zero greenhouse gas emissions by 2050. Getting there is essential for tackling climate-related extreme weather events like floods, storms and wildfires that already cost us hundreds of lives and billions of dollars every year. But reaching net-zero…

Research may lead to more eco-friendly lithium ion batteries

Giving new life to old batteries will be good news for the environment and the bottom line

Research may lead to more eco-friendly lithium ion batteriesLithium-ion batteries are part of everyday life, powering everything from cellphones to electric vehicles, but they also wear out eventually, and that comes at a cost to the environment. Now, a University of Alberta researcher is exploring how to recycle and regenerate the spent batteries in more eco-friendly ways. Related Stories Researcher aims to squeeze…

U.S., Saudi Arabia in a battle to control oil market

And that will have consequences for the rest of the world

U.S., Saudi Arabia in a battle to control oil marketThe United States and Saudi Arabia are locked in a bitter battle over oil, CNN Business reported last Friday. And it carries consequences, not only for the future of the global energy order but also for the future world order. Everything is at stake. Ever since the world began growing out of the COVID pandemic…

European Union wrong to endorse ‘fossil fuel non-proliferation treaty’

The world requires abundant, reliable, affordable energy to thrive

European Union wrong to endorse ‘fossil fuel non-proliferation treaty’The European Parliament is endorsing a dangerous and misguided “fossil fuel non-proliferation treaty” that would cause harm to people around the world. The political forum is recommending that European Union member states phase out fossil fuels as soon as possible and stop all new investments in fossil fuel extraction. The " treaty " implies that…

Saudi Arabia losing confidence in U.S. security blanket

Washington is not as important to Riyadh as it used to be

Saudi Arabia losing confidence in U.S. security blanketIn the mid-80s, it is said that U.S. President Ronald Reagan and King Fahd of Saudi Arabia colluded to destroy the oil markets by making it financially impossible for the then-Soviet Union to continue its Afghanistan venture. Oil markets crashed. The war on Afghanistan became untenable for Moscow. The Soviet Union disintegrated, and the world…