Last week the Canadian Global Affairs Institute invited Dr. Roger Pielke Jr., author and professor at the University of Colorado Boulder, to speak at a dinner event at the Calgary Petroleum Club. It was truly a remarkable experience to hear not only the results of his investigations and research but also to hear the story of his experiences in attempting to communicate his findings regarding the science of climate and weather events. Dr. Pielke regularly talks about what the [Read more]
Suncor’s still committed to energy transition… and so much more
Most of us heard last month that a federal committee had invited Suncor CEO Rich Kruger to speak after his August 15th statements that Suncor should return to its oil production roots and focus on “the fundamentals” of safety, operational integrity, reliability and profitability over energy transition. Kruger was quoted in various media (including the Globe and Mail) from an August 14th earnings call as saying Suncor had been neglecting “the business drivers of today” in pursuit of clean, [Read more]
Is the World on Track to Reach Net Zero Emissions on Time?
It’s pretty well known that some 110 countries are committed to net zero emissions by 2050, including the U.S., the EU, the UK, Australia and... Canada. So it’s a bit puzzling that the Canadian federal government is proposing regulations this year which would require electricity grids across the country to reach net-zero emissions within a dozen years… by 2035. So why the rush to 2035 for electrification if the emissions commitment is for 2050? Premier Danielle Smith and her ministers [Read more]
The rush to net zero 2035 and the implications for electrical grid transitions
There were some interesting declarations made this week by Jonathan Wilkinson, Minister of Energy and Natural Resources. He met with Dr. Fatih Birol, Executive Director of the International Energy Agency for a bilateral meeting in Paris France and subsequently released Canada's Carbon Management Strategy which advocates for increasing electrification… “Electrifying more activities—from vehicles to heating and cooling buildings to various industrial processes” This current announcement [Read more]
Big Energy Week In Calgary builds to Global Summit in Banff
It’s a big week for the energy industry in Calgary with the 24th World Petroleum Congress underway and expecting as many as 15,000 visitors. The five-day WPC 2023 conference is expected to be attended by more than 5,000 delegates from 100-plus countries. It is closely followed by the Future of Energy Global Summit which is attracting global leaders and innovators to Banff, Alberta for a series of keynote speakers and panel discussions addressing the most urgent energy-related topics. The [Read more]
Alex Epstein returns to Alberta with a prescription for effective energy dialogues
Don’t look now energy deniers, catastrophists, and fossil fuel obstructionists, but Alex Epstein’s plain language, clear thinking talking points are coming for you. And no amount of trendy emotional plays will stand up against them. Last week Alex Epstein returned to Alberta for the Canadian Energy Executive Association (CEEA 72) Energy Business Forum chaired by Brent and Allison Quinton to present his latest data and new insights into the future of energy in North America and the [Read more]
Clean Electricity Regulations- Is it realistic to turn away from natural gas?
On Thursday, August 10th, Canadian federal Environment Minister Steven Guilbeault publicly announced a new set of draft regulations on clean electricity- the Clean Electricity Regulations (CER). Not surprisingly, the regulations were of high interest to producers of natural gas. Published with the title “Powering Forward Canada: Building a Clean, Affordable and Reliable Electricity System for Every Region of Canada”, the draft proposes nationwide, economy-wide regulation of electricity. The [Read more]
Takeaways from the Global Energy Show 2023 in Calgary
As a long time attendee of the Global Energy Show (GES) dating back to the days when it was called the Global Petroleum Show, I was particularly interested in what the strategic conference had to offer this year. In 2023, the realities for the global energy industry in general, and for the Canadian energy industry in particular, are daunting. We are sixteen months deep into the reality of the Russian invasion of Ukraine and its interruption to the flow of oil, natural gas and refined [Read more]
Discussing climate change strategy and climate policy with Bjorn Lomborg
Dr. Bjorn Lomborg, the founder of the think tank, the Copenhagen Consensus and author of the book “False Alarm: How Climate Change Panic Costs Us Trillions, Hurts the Poor, and Fails to Fix the Planet” delivered a talk to a Calgary audience last week. His message was ”Yes, there is a climate change problem…and there is also a problem with how we discuss it.” To demonstrate, Lomborg, who was named one of TIME magazine’s 100 most influential people in the world, quoted some of United Nations [Read more]
On being a bank at SXSW the week that SVB collapsed
The South by South West (SXSW) conference and festival in Austin TX has been known for decades for being the locus for the convergence of cutting edge film music education and culture. The many diverse concerts and festival events of the SXSW have garnered a lot of attention in mainstream media over the years. However, it is the conference portion, featuring presentations that focus on the most important breakthroughs in technology, film, and culture that are the most fascinating. This year [Read more]
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