Varcoe: Canadian oilpatch spending forecast to rise in 2024
Despite feeble natural gas prices, oil and gas producers in the country are expected to nudge up their spending plans in 2024.
Source: calgarysun.com
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Alberta's emissions cap freakout is a tell | Canada's National Observer: Climate News
Contrary to what Premier Danielle Smith keeps saying, the federal government's new emissions cap on oil and gas won't force Alberta to reduce its oil and gas production. That's going to be the market's job — one it's already starting to do.
Source: nationalobserver.com
Why hasn't Canada hit its climate targets? 'Because we never tried,' says environment minister
Canada hasn't historically "stepped up to the plate" when it comes to reducing carbon emissions, says Environment Minister Steven Guilbeault. But that, he says, is changing.
Source: cbc.ca
Varcoe: Oilpatch girds for Ottawa's new cap-and-trade emissions plan
Despite talk of further consultation with the sector as the regulations are developed, the oil and gas industry is frustrated by the move.
Source: calgaryherald.com