We hope you enjoyed Wednesday’s webinar on the Canadian Pension Climate Report Card.
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A ruptured pipe dumped enough oil late last week into a northeastern Kansas creek to nearly fill an Olympic-sized swimming pool, becoming the largest onshore crude pipeline spill in nine years and surpassing all the previous ones on the same pipeline system combined, according to U.S. government data.
Tuesday’s 5.8 tremor occurred in an area where wastewater is injected underground, building pressure over time.
A cluster of tremors, including the largest recorded earthquake in Alberta’s history, may have been due to oil and gas activity in the region.
On Tuesday evening Earthquakes Canada recorded a tremor registering a magnitude of 5.8 on the Richter scale that shook up a large portion of northwestern Alberta and B.C.
Website Editor: A great summary of Canada's fossil fuels situation and politics in this article.
Nov. 22, 2022
Canada wants to be the last country producing fossil fuels, even if it kills us
COP27 is over. The UN summit took one big step forward on climate justice with the creation of a loss and damage fund for the most impacted nations, while taking two enormous steps backwards by failing to call for a phaseout of all fossil fuels.
Eriel Tchekwie Deranger’s home community of Athabasca Chipewyan First Nation is in what she calls a “sacrifice zone.” The nation borders the oil production epicentre of Canada: the oilsands, which leak toxic chemicals and wreak havoc on local ecosystems.
Canada's failure to reduce climate pollution has left us far behind most of our peer nations. The primary cause of this failure has been surging emissions from our oil and gas industry. Unfortunately, it’s not the only Canadian sector with stubbornly rising emissions.
As the federal government moves to tighten regulations on methane emissions, new assessments suggest the amount of the potent greenhouse gas escaping into the atmosphere has been significantly underestimated.
Canada’s benchmark heavy crude, Western Canada Select (WCS), is trading at a steep discount to West Texas Intermediate (WTI) after weakening sharply last month, and is expected to remain subdued well into next year.
Why is WCS under pressure?
WCS for delivery at the Hardisty, Alberta, hub is trading close to $30 a barrel under WTI, having averaged $16.67 a barrel below WTI for the first three quarters of 2022.
