Alberta has introduced a new climate plan for the province's big greenhouse gas emitters that it says will achieve similar emissions cuts as the former NDP government's plan and at less cost. "Our projections are that we're looking at getting similar results for less price for industry," said Jason Nixon, environment minister for the United Conservative government. It does not affect the federal consumer carbon tax, which will still go ahead on Jan. 1 and still faces court [Read more]
Comment period opens for $20.6-billion Frontier oilsands mine project in Alberta
The Impact Assessment Agency of Canada is inviting public comment on the proposed Frontier oilsands mine project in northern Alberta. The agency, which was until recently called the Canadian Environmental Assessment Agency, says the public and Indigenous groups can comment on potential environmental assessment conditions for the project until Nov. 24. The $20.6-billion mine proposed by Vancouver-based Teck Resources Ltd. for a site 110 kilometres north of Fort McMurray would be built in [Read more]
Oilsands part of second U.S. fraud lawsuit against Exxon over carbon pricing
Alberta's oilsands are at the centre of a second major fraud lawsuit filed in the United States against ExxonMobil. The lawsuit, filed on Thursday by the state of Massachusetts, accuses the oil multinational of misleading investors about what climate change measures could cost its operations — especially those in the oilsands. It says Exxon told investors it evaluated its projects with a high and increasing price on carbon when in fact it used a much lower figure that remained [Read more]
B.C. backs proposal for liquefied natural gas ship refuelling facility
A proposal to build the first ship-to-ship liquefied natural gas marine refuelling service along the west coast of North America is getting support from the British Columbia government. A statement from the premier's office says replacing diesel fuel with LNG has the potential to reduce greenhouse gas emissions from marine shipping by at least 20 per cent. The province is contributing $25,000 to a study to examine the competitive, environmental and social impact of LNG marine refuelling, [Read more]
Liberals: TMX pipeline could fund $500 million a year in clean energy projects
The Liberal government expects to get $500 million a year out of the expanded Trans Mountain pipeline and is promising to spend it all on cleaner sources of energy and projects that pull carbon out of the atmosphere. Finance Minister Bill Morneau told The Canadian Press in an interview this week that the expanded pipeline is not fodder for negotiating with other parties in the minority government. Rather, he said, it is a crucial piece of the puzzle of financing Canada's transition to a clean [Read more]
United Conservatives to continue with NDP’s Alberta petrochemical credit program
The United Conservative government in Alberta says it will continue with a program introduced by the former NDP regime to use $1.1 billion in natural gas royalty credits to encourage new petrochemical projects. But Energy Minister Sonya Savage says it will cancel two other NDP programs offering loan guarantees and grants — one worth $500 million to back petrochemical feedstock infrastructure projects and the other, worth $1 billion, to encourage more partial upgrading of crude by oil [Read more]
Oilsands carbon liability at centre of closely watched New York fraud lawsuit
Alberta's oilsands are at the centre of a closely watched court battle in New York today. The state's attorney general is accusing Exxon Mobil of misrepresenting the risks the operations face as governments move to fight climate change. Court documents say Exxon lowballed by $30 billion the impact of carbon pricing on 14 Alberta oilsands projects. Exxon is a major player in the oilsands through its subsidiary Imperial Oil. The state alleges false estimates concealed risk from [Read more]
Alberta, Saskatchewan go Tory Blue, face challenges with Liberal minority
Alberta and Saskatchewan were painted a solid Conservative blue on Monday, but leaders must now wrap their heads around getting resources to market with a Liberal minority government in Ottawa that will need the help of other parties to remain in power. Alberta Premier Jason Kenney campaigned for federal Conservative Leader Andrew Scheer and had called a Liberal minority the worst case scenario for Alberta, given the Bloc Quebecois, NDP and Greens stated antipathy to new pipeline [Read more]
Energy regulator says crude-by-rail shipments fell to 310,000 bpd in August
The Canada Energy Regulator says exports of crude oil by rail from Canada fell slightly in August to 310,000 barrels per day from 313,000 bpd in July. The August number is up 35 per cent from 230,000 bpd reported in August of 2018 but still well below the record high of 354,000 bpd set last December. The small change in crude-by-rail shipments came despite a threat by Imperial Oil Ltd. CEO Rich Kruger to throttle back the company's rail movements in August and September to protest the [Read more]
Canadians cast their ballots after divisive campaign, and amid tight polls
Now it’s time for what politicians always say is the only poll that really matters. Canadians will cast their ballots today in the country’s 43rd general election after what federal leaders themselves have called a nasty and divisive campaign. Liberal Leader Justin Trudeau and Conservative Leader Andrew Scheer have spent weeks arguing the decision is between which of the two historical governing parties will be in office. But NDP Leader Jagmeet Singh has drawn support from progressive [Read more]
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