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A new report by the International Energy Agency warns that the energy sector will need to shelve investments in new oil, natural gas and coal projects if the world is to reach net zero carbon emissions target by 2050 a recommendation that could lead to a path that would have significant consequences for Canada’s fossil fuels industry.
Reaching net zero by 2050 while achieving net economic growth is plausible, according to the IEA report released Tuesday, but would require drastic immediate changes, and will require immediate and massive deployment of all available clean and efficient energy technologies.
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Canadian oilpatch confident IEA will alter dire warning on oil and gas once emissions tech gains ground financialpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialpost.com Daily Mail and Mail on Sunday newspapers.
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If anyone believes the struggle to shut down Line 5 only affects consumers, a new federal court filing dispels that notion, saying such a step by Michigan would have “a devastating impact” on the energy industry and economy in Western Canada.
On Tuesday, the federal government unloaded a volley in the latest cross-border pipeline brawl, filing a legal brief with U.S. courts detailing why Michigan shouldn’t unilaterally shut down Enbridge’s existing line that moves oil to Central Canada.
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Try refreshing your browser, or Chris Varcoe: Canada wades into Line 5 legal scrap, warns of devastating oilpatch fallout Back to video
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If anyone believes the struggle to shut down Line 5 only affects consumers, a new federal court filing dispels that notion, saying such a step by Michigan would have “a devastating impact” on the energy industry and economy in Western Canada.
On Tuesday, the federal government unloaded a volley in the latest cross-border pipeline brawl, filing a legal brief with U.S. courts detailing why Michigan shouldn’t unilaterally shut down Enbridge’s existing line that moves oil to Central Canada.
We apologize, but this video has failed to load.
Try refreshing your browser, or Varcoe: Canada wades into Line 5 legal scrap, warns of devastating oilpatch fallout Back to video
iPolitics By Charlie Pinkerton. Published on May 10, 2021 12:03pm Many of Ottawa s major lobbying firms reside on Queen Street. (Jolson Lim/iPolitics)
Notably,
EVSX, a subsidiary of Montreal’s
St-Georges Eco-Mining, was registered by consultant Jean-Luc Plante to seek financial support from Natural Resources Canada to recycle critical minerals.
Capital Power Corp. is interested in federal support to phase out coal-fired electricity generation in Alberta and retire coal-fired power plants under the Capital Stock Turnover Plan. The Edmonton company was registered by Crestview Strategy’s Muhammad Ali.
The development of the Lake Erie Connector Projector an underwater electricity line that would connect the Ontario market with the American regional transmission group, PJM is the listed topic for the registration of