Canada will meet its emissions targets, this time
Prime Minister Justin Trudeau said Tuesday he will guarantee that Canada is going to meet its latest climate target, because this time it’s accompanied by a plan that shows how to get there.
Since 1988, Canada has set its sights on eight different greenhouse gas emissions targets. Six of them have come and gone, and Canada never came anywhere close to meeting them.
The next target is set for 2030, and requires Canada to get emissions to 55 to 60 per cent of what they were in 2005. That’s a more-ambitious version of a previous target the Trudeau government set when it came into power.
Prairie Lithium converts exploration permits to lithium leases, working on delineating resource in SE Sask
EMERALD PARK – When you’re first exploring for minerals in Saskatchewan, you take out an exploration permit on the lands you’re looking at. And when you’re serious about doing something with those lands, you convert those lands into leases. This is typically done by drilling a well.
But before you get into a major, multi-well drilling program, it’s important to delineate your resource, figuring out just how far out your resource extends. Is it a one-well wonder, or prolific?
These are all things Prairie Lithium Corporation is doing right now in the Torquay area, seeking to develop lithium from brines deep in Saskatchewan’s sedimentary geology.
Some risks too big: Insurers withdraw from fossil projects
BERLIN (AP) — Insurance companies that have long said they’ll cover anything, at the right price, are increasingly ruling out fossil fuel projects because of climate change — to cheers from environmental campaigners.
More than a dozen groups that track what policies insurers have on high-emissions activities say the industry is turning its back on oil, gas and coal.
Bang bang! Weyburn Oilwomen shoot em up on Oct 20
Ladies, have you got something going on tonight, Thursday, October 20? Why not blow off some steam with some hot lead?
Parkland says Q3 results below expectations, maintains full-year guidance
Parkland Corp. is warning its third-quarter results will fall short of its expectations, however the company is maintaining its guidance for the full year.
The Calgary-based company says it expects $325 million in adjusted earnings before interest, taxes, depreciation and amortization for the quarte
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Newfoundland and Labrador update shows $479-million surplus, thanks in part to oil
Soaring oil prices and unexpected tax windfalls have driven a sea change in Newfoundland and Labrador’s financial outlook for the fiscal year, putting the province on course to post its first surplus in more than a decade.
Hall Findlay, Suncor Energy’s first ‘chief climate officer,’ to retire from role
Suncor Energy Inc.’s first-ever chief climate officer is departing her role at the end of November, but Martha Hall Findlay says she feels “far more optimistic” than she once did that Canada’s oil and gas sector can be part of the climate change solution.
Facing tough midterms, Biden releasing oil from US reserve
WASHINGTON (AP) — High gasoline prices are the problem that President Joe Biden keeps trying to fix — and roughly a year’s worth of extraordinary efforts have done little to significantly lower costs.
Jim Warren: If capital is short for oil and gas investment, maybe its time to revisit a provincial sovereign wealth fund
We are currently looking forward to a $500 good-times resource dividend. This suggests our provincial government is capable of generating a significant pool of money that could be invested in fossil fuel development and potentially make us even more money. There is nothing new about the idea. The heritage fund schemes developed in the 1970s were intended to support economic development and diversification initiatives as well as serve as rainy day funds.
Quick Dick McDick: jUsT StOp OiL
“Now if you could look past the dipshittery of talking about people starving while you throw two perfectly good cans of soup against a painting….”
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Scholz overrides allies, keeps 3 German nuke plants running
BERLIN (AP) — German Chancellor Olaf Scholz ordered ministers Monday to prepare to keep all of the country's three remaining nuclear plants running until mid-April, putting his foot down on an issue that had threatened to split his three-party government. The decision...
Condolences roll in as union calls for inquiry into fatal Newfoundland refinery fire
Condolences are rolling in for a man who died Saturday after an explosion last month at a former Newfoundland oil refinery.
Premier Andrew Furey and federal Labour Minister Seamus O’Regan both tweeted on Sunday their sorrow over the worker’s death. Furey urged workers and their families to avail themselves of mental health services, and he sent condolences to the man’s family, friends and colleagues.
Feds ask banks to help make carbon-price rebate deposits more clear
Environment Minister Steven Guilbeault said banks and other financial institutions need to update the way they label carbon-price rebates, after another round of the payments went out to Canadians without making it clear where the money came from.
Siemens sought turbine export permit for ‘guidance’ from Ottawa on Russia sanctions
An executive from the Montreal company that repaired a turbine for a Russian gas pipeline earlier this year says it sought an export permit to get “guidance” from Ottawa.
Controversy erupted this summer after Canada approved the delivery of the turbine to Germany, despite its simultaneous attempts to punish Russian companies during the invasion of Ukraine.
TC Energy invests in renewable natural gas project at Jack Daniel distillery
TC Energy Corp. has announced it will invest $29.3 million in a facility that will use a byproduct from the famed Jack Daniel Distillery in Lynchburg, Tenn. to make renewable natural gas.
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NDP energy critic finds Drawing the Line white paper short on credibility and solutions
REGINA – When it comes to Premier Scott Moe’s white paper entitled, “Drawing the Line: Defending Saskatchewan’s Economic Autonomy,” Regina-University MLA Aleana Young, NDP Energy and Resources critic, said, “To sum it up, I found it short on credibility and short on solutions.”
Sask Chamber says it is “proud to be a leading voice in Saskatchewan pushing the move to a low carbon economy”
With this support for the O&G sector in mind, it is important to the note that the Saskatchewan business community is still actively working on the transition to a low carbon economy and has, in some instances been a world leader in its environmental protection. The SCC is proud to be a leading voice in Saskatchewan pushing the move to a low carbon economy. Our positions on how Saskatchewan businesses, with the support of the Governments of Canada and of Saskatchewan, can successfully make this transition, are available in our 2021 document, Building the Low Carbon Economy: Exploring Opportunities and Challenges for Saskatchewan.
Official: China mining more coal but increasing wind, solar
BEIJING (AP) — China plans to boost coal production through 2025 to avoid a repeat of last year’s power shortages, an official said Monday, adding to setbacks in efforts to cut climate-changing carbon emissions from the biggest global source.
China is a big investor in wind and solar, but jittery Communist Party leaders called for more coal-fired power after economic growth slumped last year and shortages caused blackouts. That prompted warnings that carbon emissions will rise faster through 2030, when they government says they should peak.
The ruling party aims for annual coal production to rise to 4.6 billion tons in 2025, a deputy director of the Cabinet’s National Energy Administration, Ren Jingdong, said at a news conference held during a ruling party congress. That would be a 12% increase over last year’s 4.1 billion tons.
Oilsands group pledges to spend $16.5B on carbon capture project by 2030
By Amanda Stephenson in Calgary Canada's biggest oilsands companies say they will spend $16.5 billion before 2030 on a massive proposed carbon capture and storage facility that is the centrepiece of their net-zero-by-2050 pledge. The Pathways...
Weekend Watch: Lessons of Darkness – Werner Herzog’s documentary on the Kuwuait oil fires
Herzog is an accomplished documentary filmmaker, and this is one of his works from 1992. If you watch closely, you’ll see Canada’s Safety Boss. In just 200 days, the Safety Boss team brought 180 wells under control – outperforming all other crews in the field including such industry legends at Red Adair and Boots & Coots. That’s about a quarter of the over 700 oilwells set on fire by the retreating Iraqi army in 1991.
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UK: Climate protesters throw soup on Van Gogh’s ‘Sunflowers’
ONDON (AP) — Climate protesters threw soup over Vincent van Gogh’s “Sunflowers” in London’s National Gallery on Friday to protest fossil fuel extraction, but caused no damage to the glass-covered painting.
FSIN says Drawing the Line white paper is an infringement on First Nations Inherent and Treaty rights
When it comes to being a “nation within a nation,” the executive of the Federation of Sovereign Indigenous Nations (FSIN) has something to say about that. And they have some experience as a nation within a nation, too.
The FSIN views Premier Scott Moe’s plan on protecting the province’s constitutional rights “as a direct threat to First Nations inherent and Treaty rights as recognized and affirmed in Section 35 of the Constitution,” according to an Oct. 12 release. That release implied the FSIN would get involved legally.
Saudis say US sought 1 month delay of OPEC+ production cuts
By Jon Gambrell in Dubai DUBAI, United Arab Emirates (AP) — Saudi Arabia said Thursday that the U.S. had urged it to postpone a decision by OPEC and its allies — including Russia — to cut oil production by a month. Such a delay could have helped reduce the risk...
Sask Chamber says “appropriate transition process to achieving net zero is paramount,” in response to Moe’s Drawing the Line white paper
REGINA – On October 11, 2022, the Government of Saskatchewan released a paper titled Drawing the Line: Defending Saskatchewan’s Economic Autonomy during an event at the Battlefords and District Chamber of Commerce. This document outlines notable costs to...
Putin tempts Turkey, suggests making it Europe’s new gas hub
By Suzan Fraser And Dasha Litvinova in Ankara ANKARA, Turkey (AP) — Russian President Vladimir Putin on Thursday doubled down on his proposal to turn Turkey into a gas hub for Europe after deliveries to Germany through the Baltic Sea's Nord Stream pipeline were...