“Cedar is not only important from a Haisla perspective, [but from] a global perspective” The Haisla Nation is growing anxious for a regulatory decision on its proposed $3-billion Cedar LNG project on the west coast of Canada at the Port of Kitimat. If constructed, the floating liquefied natural gas (LNG) export facility, in partnership with…
The last thing they need is another regulatory slap in the face To say small businesses in Canada have had a rough few years would be an understatement. Nearly one in five are currently at risk of closure. If regulators tack on extra costs from ESG (environmental, social, and governance) reporting criteria, it may be…
But it is imperative that companies in Canada receive the business certainty they need to move forward With the world in the grip of the first truly global energy crisis, millions of people are bracing for a winter that is expected to be marked by power brownouts, heating fuel shortages and widespread economic recession. Skyrocketing…
Applies only to oil and gas sector. Quebec aircraft manufacturers, Ontario auto plants get a free ride It’s hard to wrap one’s head around what $45 billion represents. It’s such a huge number that, for most of us, it essentially becomes meaningless. And yet, it’s about as much as our federal government spends in a…
Canadian LNG beats most other exporters when it comes to emissions Asia’s demand for liquefied natural gas (LNG) is rising fast as countries look for cleaner alternatives to coal while their economies expand. According to a new report by global research consultancy Wood Mackenzie, Asia should import LNG from Canada to significantly reduce its emissions.…
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…