Tens of billions of dollars in wages, contracts and own source revenues are at risk
On July 18, the federal government announced a plan to reduce emissions from the oil and gas sector by 42 per cent in just eight years. To meet such targets, this policy would effectively stop all new projects in the oil and gas sector, as well as curtail existing ones. This would dramatically affect global…
Shelterbelts and hedgerows reduce emissions of greenhouse gas by an average of 89 per cent
Both dead and alive, trees are an essential ally for farmers in helping the environment, a new University of Alberta study shows. Preserving and planting shelterbelts and hedgerows – and keeping the deadwood they contain – next to cropland helps store carbon and reduce greenhouse gas emissions. “Retaining those live and dead trees, and planting…
Singling out oil and gas doesn’t make sense
Canada’s strategy to single out greenhouse gas emissions from the oil and gas industry could make it harder to meet overall reduction targets, according to two leading energy analysts. Neither of Ottawa’s two proposed policies to cap and reduce oil and gas emissions would allow carbon market trading with other industries. That’s a problem, says…
Federal discussion paper outlines industry's value to Canadians
The federal government’s plan to cap and cut emissions from the oil and gas sector comes with big risks. Reducing the industry’s emissions by a massive 42 per cent in less than 10 years is seen as unrealistic without cutting production – while Canada’s allies and people around the world are in a growing crisis without enough oil…
Results show continuous improvement on key performance measures
There is an ongoing false narrative that Canada’s oil and gas industry has a poor track record when it comes to the environment. It’s not true. Canada’s oil and gas producers and suppliers are committed to environmental excellence, and are doing the work to show it. Here are five key points that demonstrate it: Investment…
U.S. and Canada should work together to build new pipelines to strengthen North American energy security
Here’s an important message for U.S. President Joe Biden as he heads to Saudi Arabia tomorrow to ask the Organization of Petroleum Exporting Countries (OPEC) to increase oil production: he should be asking Canada instead. Canada’s oil producers have helped to free American consumers from the world’s oil dictators before and can do it again…
Maybe it is time to revive the forgotten concept of reduce, reuse, recycle
It’s not even Calgary Stampede time yet – it looks like it will be a good old-fashioned free-for-all – and I’ve already encountered a fascinating drunken goofball at the top of his game. Nothing unusual there, I suppose, except that this encounter actually had an interesting and thoughtful punchline. It happened on the train to…
Unfortunately, the extremists are taking over
Not a day goes by without seeing a group, or even a government, changing rules for farmers. In the name of the planet, animal welfare and our health, rules are changing despite our farmers’ knowledge and experience. It’s an interesting phenomenon, and it’s happening around the world. Farmers have long been regarded as the best…
Oil and gas tech will do more to reduce emissions than disinvesting from the sector
The business leader responsible for nearly $540 billion of Canadian pension investment has no plan to sell off interest in companies just because they’re involved in oil and gas. The critical task of reducing global emissions will require the skills of people inside these companies, according to John Graham, CEO of Canada Pension Plan (CPP)…
Increasing spending does not contradict efforts to reduce emissions, says IEF
World energy markets are facing a “red alert,” and there’s more trouble ahead without enough investment going into oil and gas to meet demand, according to a new report by the International Energy Forum (IEF). “At a time when the global energy crisis calls for more supply, underinvestment in hydrocarbons will be the main reason…