With the federal and Alberta governments touting an imminent deal on a new oil pipeline to British Columbia’s northwest coast, analysis released Thursday morning concludes that investors in Canadian oil and gas will face serious financial risk—and provincial revenues from the industry could fall 82%—as the global energy transition unfolds through the 2030s.
The provincial government has made big claims about the benefits the North Coast transmission line will bring. But it won‘t say much beyond that
Premier David Eby’s dream of fashioning British Columbia into an economic engine powerful enough to drive the Canadian economy took another step forward on Thursday. From Terrace, B.C., Prime Minister Mark Carney announced Ksi Lisims LNG and the North Coast transmission line would be added to the federal fast-tracking list.
The federal government is open to helping First Nations buy into the Ksi Lisims LNG export terminal or its related infrastructure as opposition to the projects grows.
Bill Gates picked one hell of a moment to release his call for a “strategic pivot” in tackling climate change. “Hell” being the most frequent description of sheltering through the terrifying fury of Hurricane Melissa as it cut across the Caribbean.
While global renewable electricity installations will grow at a slightly slower pace than modellers previously expected between 2025 and 2030, total capacity is still on track to double by decade’s end, with solar leading the way, the International Energy Agency says.
