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…

Federal Clean Fuel Standard is all smoke and mirrors

As proposed, the CFS will do little to reduce GHG emissions, will hike the cost of energy and undermine Canadian energy security

Federal Clean Fuel Standard is all smoke and mirrorsBy Jock Finlayson and Denise Mullen Business Council of B.C. Amid the worst economic and public heath crisis in Canadian history, the federal government has decided to proceed with a major new regulatory initiative that promises to add billions of dollars to the cost of energy for households and businesses in every corner of the…

The unintended consequences of ‘clean and green’

There is no carbon-free energy Valhalla. The environmental impacts of going ‘clean and green’ could be worse than using fossil fuels

The unintended consequences of ‘clean and green’By Jock Finlayson and Denise Mullen Business Council of B.C. We all go to the store to purchase things – groceries, clothing, tools or the latest electronic gadget. During the global pandemic, an increasing share of shopping has shifted online. A few clicks and an item soon arrives at our doorstep. We also often demand…

Reducing emissions would save money for oil sands producers: study

Researchers looked at 15 strategies that would decrease sector’s energy use intensity and found increased profits from all

Reducing emissions would save money for oil sands producers: studyInvestment in new energy-efficient, greenhouse gas mitigation strategies by oil sands producers could net them some important profits, according to a model developed by a research group at the University of Alberta. Engineering professor Amit Kumar and his team investigated 15 strategies covering all areas of the oil sands sector – in situ extraction, upgrading and…

Cenovus Energy targets 30% decrease in emissions

Also plans $1.5 billion of additional spending with Indigenous businesses and reclaim 1,500 decommissioned well sites

Cenovus Energy targets 30% decrease in emissionsCenovus Energy announced Thursday it is aiming to reduce its emissions intensity by 30 per cent by 2030. It also plans to achieve a minimum of $1.5 billion of additional spending with Indigenous businesses, reclaim 1,500 decommissioned well sites and complete $40 million of caribou habitat restoration work. “Our environmental practices, low-emissions oil sands operations…

Why we must get Canadian energy to global markets

Canadian LNG offers a solution to help bring people out of energy poverty while reducing net global GHGs

Why we must get Canadian energy to global marketsCanada is known around the world as a country of inclusiveness, tolerance and respect for human rights. Our energy industry also holds world class standards – among the best anywhere when it comes to innovation, environmental protection and responsible resource development. According to Statistics Canada, nearly half of all money spent by Canadian businesses on…

We need to find responsible government in a time of climate crisis

We need real leadership now to calm climate change. Will that come from government, citizens, non-government groups, business or a combination of all four?

We need to find responsible government in a time of climate crisisMonthly heat records are becoming routine (July was the hottest month on record), and people are finally waking up to the reality that climate change is occurring at a much faster pace than most thought. Yes, denial continues in some quarters, but they’re increasingly seen as crudely self- serving, science-illiterate and therefore indefensible. Recent polling…