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New clean fuel regulations to raise gas prices, affect low-income Canadians the most

OTTAWA — New federal regulations to force down the greenhouse gas emissions from gasoline and diesel will cost Canadians up to 13 cents more per litre at the pump by 2030. An impact analysis of the Clean Fuel Regulations published Wednesday estimates they will cut...

Jim Warren: When it comes to nations around the world following climate change commitments, how has free trade worked out thus far? Expect the same

Our experience with globalization over the past few decades offers a preview of what we can expect regarding international cooperation in reducing greenhouse gas emissions. Remember when global free trade was all the rage back in the 1990s and early 2000s? Prairie...

Higgs says New Brunswick LNG facility could help Europe cut energy ties with Russia

FREDERICTON — New Brunswick’s premier says a liquefied natural gas facility in Saint John could be modified to help reduce Europe’s reliance on fossil fuels from Russia. Blaine Higgs told reporters Wednesday in Nova Scotia that gas plant Saint John LNG,...

Clean fuel standards allow companies to get both tax credits and sell carbon credits

By Mia Rabson in Ottawa Canada’s new emissions standards for gasoline and diesel will allow oil companies that get a federal tax break for installing carbon capture and storage systems to also generate credits based on those systems, which they can then sell to...

Imperial, ExxonMobil Canada selling Alberta assets to Whitecap for $1.9 billion

CALGARY — Imperial Oil Ltd. says it and ExxonMobil Canada have entered into an agreement to sell the Montney and Duvernay oil and gas-producing areas of central Alberta to Whitecap Resources Inc. for $1.9 billion. Imperial and ExxonMobil Canada each own 50 per cent of...
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