The decision by Canada’s six biggest banks to sink another $10 billion into the troubled Trans Mountain pipeline expansion is no surprise after a federal loan guarantee made it a straightforward business decision to back the project, says the financial analyst who accurately predicted the decision 2½ months ago.
UCP government has called the Impact Assessment Act a 'Trojan Horse'
The Alberta Court of Appeal says the federal government's environmental impact law is unconstitutional.
The Alberta government, calling it a Trojan Horse, had challenged the Impact Assessment Act over what the province argued was its overreach into provincial powers.
The investment tax credit unveiled by the federal government earlier this month isn't enough to convince Canada's major oilsands producers to begin construction on a proposed massive carbon capture and storage transportation line, the chief executive of Cenovus Energy Inc. said Wednesday.
Cutting emissions from Canada’s oil sands by 40 per cent will cost between $45-billion and $65-billion from 2024 through 2030, according to a new analysis.
While the new report from Royal Bank of Canada found that Canada’s oil and gas sector can indeed balance near-term energy security with advancing climate action, the sector will need regulatory certainty and support at all levels of government to do so.
It’s been clear for some time now that Canadian oil and gas advocates will do almost anything to get new pipelines built, from spinning stories about the “ethics” of our oil to weaponizing the economic insecurity of Indigenous communities. But they plumbed new depths of depravity with their willingness to treat the crisis in Ukraine as an opportunity to push, yet again, for projects like Keystone XL and Energy East.
Climate change is already threatening everyone on the planet.
For everyone alive today, this is an inescapable truth. We are on a road to extinction. Until we bring greenhouse gas emissions down to zero everywhere in the world, the planet will continue to warm. The only question is, how long will we stay on this path?
Global methane emissions from the energy sector are about 70 per cent higher than reported by official data, according to new analysis from the International Energy Agency (IEA).
