China extending its reach in bid to control oil market

China is making strong strategic moves to secure its future oil needs

China extending its reach in bid to control oil marketChina – the world’s largest crude oil importer, second-largest oil consumer after the United States and the world's number 1 polluter – is increasingly leveraging its position of influence on the global energy chessboard. In a bid to tame rising oil prices last November, the United States spearheaded a co-ordinated release by major oil-consuming nations…

Thunberg has world leaders in the palm of her hand

World leaders are doing everything Thunberg and people like her say, without batting an eye

Thunberg has world leaders in the palm of her handIt seems everything is about justice these days. As I drove home from the store recently, I saw a sign for the elections here in New York from the local Democratic Party, promising “equity, equality, and justice for all.” Beyond the obvious concerns any sane person should have about a promise of “equity,” the sign…

Hydrogen hype defies reality: it’s an impractical energy source

Dreams of a hydrogen future just another energy scheme to extract money from gullible governments

Hydrogen hype defies reality: it’s an impractical energy sourceOnce again, the world staged ClimateFest 26, aka the United Nations Conference of the Parties, where peddlers of alternative energy schemes try to plunge their dippers into the river of climate change funding that flows around the world. This funding is generated by governmental pledges cadged out of economically developed countries at prior COPs. One…

Carbon-capturing material could help industry reduce emissions, costs

Offers an efficient way to pull carbon dioxide out of industrial emissions

Carbon-capturing material could help industry reduce emissions, costsAlberta’s world renown in carbon capture and sequestration is set to receive another lift thanks to the promise of a material invented and tested in the province that offers an efficient way to pull carbon dioxide out of industrial emissions. A team from the University of Alberta’s Faculty of Engineering characterized a CO2-capturing microporous material…

New tools developed to better track permafrost methane emissions

Will significantly improve estimates of current and future methane emissions

New tools developed to better track permafrost methane emissionsResearchers have developed new tools that will better track methane emissions from northern permafrost ecosystems, ultimately allowing for more accurate global predictions of future greenhouse gas emissions. The new emission dataset and map of northern wetlands and lakes the new tools will yield will significantly improve estimates of current and future methane emissions, said McKenzie…

Achieving net-zero will take decades to accomplish

The world is learning the hard way that the global economy still relies on fossil fuels

Achieving net-zero will take decades to accomplishWith the UN-sponsored Climate Change Conference (COP26) climate talks in Glasgow over, it is important to review some of the agreements and implications that have resulted from this process and assess the impact on Canada’s energy resources sector. Putting the rhetoric in context One can take seriously the undeniable threat posed by climate change while…

How to reduce our emissions without penalizing rural regions

Policies should be fair for all Canadians, regardless of where they happen to live

How to reduce our emissions without penalizing rural regionsBy Miguel Ouellette Olivier Rancourt and Krystle Wittevrongel Montreal Economic Institute Reducing our greenhouse gas emissions is one of the big concerns of our age. The numerous diverging interests pitted against each other on this issue make it a real puzzler for policy-makers, though. After many years of public policies aimed at reducing GHGs, layered…

Markets must drive Canada’s energy conversion

Canada’s 2050 goal to achieve net-zero emissions might look good on paper, but it will harm investors, companies, employees and households

Markets must drive Canada’s energy conversionCanada’s policy to achieve net-zero emissions by 2050 necessitates divesting from fossil fuels. There’s just one problem: massive outstanding loans from banks to the oil and gas industries. The oil and gas sector makes up more than 10 per cent of the Canadian economy, and abolishing it, gradually or otherwise, would take its toll. Canadian…

Meeting Canada’s aggressive green targets a tall order

Speed and efficiency are not things that Canada’s lumbering and increasingly dysfunctional regulatory systems are known for

Meeting Canada’s aggressive green targets a tall orderBy Jock Finlayson and Denise Mullen Business Council of B.C. Building back ‘clean’ and ‘green’ means trillions of dollars of investment, and the electrification of many machines and activities that presently rely on fossil fuels – from personal vehicles and freight transportation to industrial processes. It’s not hard to understand the growing interest in electricity.…

Canada must seize LNG opportunities in Asian market

Canada must seize LNG opportunities in Asian marketBy Mark Milke and Ven Venkatachalam Canadian Energy Centre There’s a dearth of sensible analysis when it comes to reasonable ways to decrease carbon emissions. Some point fingers at Canada’s oil sands, or oil and gas more generally. They imagine if that industry disappeared, somehow carbon emissions would magically evaporate as well. The reality is…