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Energy, Politics

In the Midst of a Global Energy Transition: Canada’s New Pipeline

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Someone sent me a Facebook post in which North Island-Powell River MP Aaron Gunn points to a Petro Canada sign advertising gas for $2.09.9 a litre. 

Gunn wrote, “Ridiculous. 4th-largest oil reserves on the planet. $2.09 per litre at the pumps. It’s time to build pipelines, refineries and an energy policy that puts Canada, and Canadians, first!” 

My first response, when I calmed down enough to have a polite response, was ‘does he think a fully operational pipeline is going to drop out of the sky?’ 

So far, no proponents have stepped forward to build the proposed pipeline. Premier Danielle Smith of Alberta recently said there are some Middle Eastern and Asian investors who expressed interest in a minority stake. IF a proponent steps forward and clears all the necessary preliminary steps, it is still going to take years before oil flows through the proposed pipeline. 

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Energy

Pembina Institute: Why Canada Needs An Emissions Cap for the Oil and Gas Sector

According to Environment and Climate Change Canada, the oil and gas sector is a major contributor to Canada’s economy, employing 182,000 people and generating $209 billion in GDP during 2023, yet it is also the source of 31% of Canada’’s Greenhouse gas emissions.

 “Demand for oil and gas is not going to go to zero tomorrow.  It is a transition that takes decades  to undergo.  There will be a role for oil and gas as we move forward along that transition, but it is likely to be a  cleaner oil and gas sector as the rest of the world stops buying  the oil and gas products that Canada and other countries produce. Which, I think, really underlines the importance of investing in decarbonization now while we’re still using oil and gas  to 2050 and a little bit beyond  if we get on a net zero trajectory,” explained Janetta McKenzie  from the Pembina Institute, a Canadian think tank and non-profit focused on energy. 

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Environment

Canada’s competition watchdog opens inquiry into Pathways Alliance ads over greenwashing allegations

By Natasha Bulowski, Canada’s National Observer, Local Journalism Initiative Reporter

The Competition Bureau is officially investigating an ad campaign that Greenpeace Canada argues is “false and misleading” because it suggests Canada’s six biggest oilsands companies are reducing greenhouse gas emissions and helping Canada achieve its climate targets.

The Pathways Alliance’s six members — Canadian Natural Resources, Cenovus, ConocoPhillips, ExxonMobil subsidiary Imperial, MEG Energy and Suncor — are responsible for 95 per cent of Canada’s oil sands production. A complaint filed in March by Greenpeace Canada took aim at the group’s “Let’s clear the air” marketing campaign, which presents its members as “making clear strides toward net zero” to help Canada “achieve a sustainable future.”

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