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Budget 2022: Ottawa unveils $2.6B carbon capture tax credit for energy sector

  By Amanda Stephenson in Calgary Ottawa is urging oil and gas companies to move quickly to take advantage of a major new tax credit for carbon capture and storage — a pricey technology that proponents say could play an important role in reducing this...

‘May not align:’ Guilbeault pens letter to Suncor over mine expansion GHGs

Federal Environment Minister Steven Guilbeault has warned Canada’s biggest oilsands producer that its planned mine expansion may not meet climate targets. In a letter released Wednesday to Mark Little, the head of Suncor Energy Inc., Guilbeault says the...

Federal environment minister approves Bay du Nord oil project off Newfoundland

By Sarah Smellie in St John’s Federal Environment Minister Steven Guilbeault has approved a controversial new oil project off the coast of Newfoundland with what Ottawa is calling the strongest emissions rules ever imposed. His decision released Wednesday by the...

N.L. Bay du Nord oil project highlights tension between economy, climate goals

ST. JOHN’S, N.L. — As Newfoundland and Labrador awaits word from Ottawa on a proposed new oilfield off the coast of St. John’s, Shears Mercer says he’s not worried — he’s frustrated. Mercer is the mayor of Brigus, a picturesque town on...

Suncor’s decision to get out of wind and solar criticized by Greenpeace

CALGARY — Suncor Energy Inc. is getting out of the wind and solar business, even as a new UN report on climate change says wind and solar technologies are the two best avenues to reduce global greenhouse gas emissions and limit the planet’s warming to a critical...
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