[ Editor: Oh really!! Trudeau: 'No country would find 173 billion barrels of oil in the ground and leave them there' ]
For the first two-and-half days of the CERAweek energy conference in Houston, Canada didn't make many waves. If you played a drinking game and took a shot every time Canada was mentioned on the main ballroom stage, you'd have been still sober midway through the week.
[Webpage editor's note: Notwithstanding the false description of Imperial Oil as a Canadian company this article notes a significant shift. More of the climate vandalism underway is by Canadian corporations.]
With thousands of jobs at stake, nearly two dozen Quebec microbreweries are betting that the province's love for beer will crush the prospects of a major proposed oil pipeline.
Calgary-based TransCanada Corp. wants to build the Energy East pipeline, the largest project of its kind ever proposed in Canada, along the St. Lawrence River, which supplies millions in Quebec with fresh water. But in a new campaign launched on Wednesday, 21 Quebec microbreweries are urging the province to choose beer over oil.
Billion-dollar bets on Canada's oil sands went sour this week for Exxon Mobil Corp and Conoco Phillips. Between them, the two companies erased from their books nearly 5 billion barrels of bitumen, the heavy, viscous oil found under Alberta's boreal forest. This has wiped about $250 billion worth of oil from their reserves.
[Wepage editors note: More evidence that the Trudeau Liberal government is 'more of the same']
The Massey Tunnel replacement project will not be subject to a federal environmental review, according to a letter sent to Metro Vancouver’s board of directors.
Kinder Morgan Inc (KMI.N) has begun talks with institutional investors including major Canadian pension funds and private equity firms to raise capital for the $6.8 billion expansion of its Trans Mountain pipeline project, according to people familiar with the process.
Kinder Morgan has held discussions with Canada Pension Plan Investment Board, the Caisse de depot et placement du Quebec and Ontario Teachers' Pension Plan Board, three of the biggest Canadian pension funds, the people added. It was unclear whether these talks were continuing.
“New pipelines to transition to clean energy” is Canada’s own form of climate denial
Watching Prime Minister Trudeau celebrate President Trump’s executive order reviving the Keystone XL pipeline got me thinking: how is it that our ‘progressive’ Canadian leader is siding with the climate-denying U.S. president on major fossil fuel expansion?
It’s a scary reminder that Trudeau’s recent pipeline and tanker project approvals are simply an extension of the oil patch status quo.
