EDMONTON - Alberta Premier Rachel Notley says her government will keep a tight rein on a multibillion-dollar carbon tax to make sure the money goes only to green programs and incentives.Notley says none of the money is to go to broader or unrelated expenditures, such as paying down the deficit and debt."Every cent that is collected by the carbon tax will be recycled back into the economy immediately," Notley told reporters Tuesday on a conference call."This is not a situation where we're going [Read more]
B.C. city loses Trans Mountain court battle, ordered to pay company’s costs
VANCOUVER - The City of Burnaby's bylaw battle against the Trans Mountain pipeline has been shut down by a B.C. Supreme Court judge who has declared that the National Energy Board rules take precedence over the city's.The Metro Vancouver city has tried to hamper preliminary planning in advance of laying the 1,100-kilometre-long pipeline between Alberta and coastal B.C. through two separate bylaws.But Justice George Macintosh said in a ruling posted online Monday that the National Energy Board [Read more]
Major oilsands operator Imperial still mulling over Alberta’s new climate plan
CALGARY - Prominent members of both Big Oil and the environmental movement have given their blessing to Alberta's sweeping new climate change plan.But as remarkable as it was for the likes of both oilpatch billionaire Murray Edwards, Canadian Natural Resources Ltd.'s chairman, and former U.S. vice president Al Gore, an outspoken advocate for tougher climate action, to back the plan, not everyone is singing its praises.One of the biggest producers in the oilsands, ExxonMobil Corp.-controlled [Read more]
Alberta to release climate change policy at Edmonton science centre
EDMONTON - Alberta took what it hopes will be the first step toward shedding its status as international environmental pariah Sunday by revealing a sweeping climate change plan.The plan, the result of months of study and public input, will introduce a broad-based carbon tax that would apply across the economy. The government will move to phase out the province's coal-fired power generation by 2030.And it will introduce a hard cap on greenhouse gas emissions for the oilsands."This is the day we [Read more]
NEB says TransCanada subsidiary must stop drilling under Athabasca River
CALGARY - The National Energy Board has ordered a subsidiary of TransCanada Corp. (TSX:TRP) to immediately stop drilling under the Athabasca River in Alberta's oilsands area after a potentially toxic substance got into the water.The order against Nova Gas Transmission Ltd. follows four separate incidents — one in October and three this month, said NEB spokesman Darin Barter.In addition to the spill, the regulator said there was riverbank erosion.The NEB is investigating how much drilling fluid [Read more]
Trans Mountain price tag rising on currency swings, project changes, delays
CALGARY - The Trans Mountain pipeline expansion is getting more expensive, but the company planning to build it says the economic case for the project is still strong.Kinder Morgan, the U.S. company behind the pipeline project, doesn't yet have a formal estimate of how the price tag has changed since its regulatory application was filed in December 2013.Back then, the company was expecting a cost of $5.4 billion and its estimates for the economic impacts of the project were based on that [Read more]
Wildrose says ailing Alberta economy shouldn’t be punished further by carbon tax
EDMONTON - Alberta's Opposition leader is accusing Premier Rachel Notley's New Democrats of letting Ottawa push the province around on its climate- change strategy.Wildrose Leader Brian Jean noted in question period that federal Environment Minister Catherine McKenna is promising that a new national target for greenhouse-gas reductions will soon be set in consultation with the provinces."Why should Ottawa be allowed to interfere with how we run our industries?" Jean asked Notley."A Trudeau [Read more]
Back to the Future: Is this oil downturn a repeat of the 1985 crash?
CALGARY - Thirty years ago, shoulder pads were all the rage, Molly Ringwald was a rising teen movie star and low oil prices were wreaking economic havoc.At least one of those will feel familiar to those working in the oil and gas industry these days.There's been talk of the current oil rout being a repeat of the price crash that began in 1985 and lasted about a decade, but a report released Thursday suggests there's reason to hope the doldrums won't last as long this time around."This is not the [Read more]
Layoff notices going out at TransCanada as customers feel pinch from low oil
CALGARY - It's been a tough week for workers at Canada's two biggest pipeline companies, with TransCanada the latest to hand out layoff notices.A TransCanada spokesman confirmed the cuts but declined to say how many jobs are being lost or what parts of the business are bearing the brunt.Mark Cooper says the company aims to be fair and respectful and won't be making those details public until those affected have heard the news first from their leaders.He says the cuts aren't related to any [Read more]
Pipeline application reviews continue despite National Energy Board changes
OTTAWA - The ongoing reviews of two major pipeline proposals will move forward even as Ottawa works to bolster the National Energy Board's environmental scrutiny of such applications, says Canada's natural resources minister.The federal regulator will proceed with its examination of applications for TransCanada's Energy East and Kinder Morgan's Trans Mountain pipeline projects, Jim Carr said during a conference call Wednesday."They have not stopped. The process continues," Carr said from Paris, [Read more]
- « Previous Page
- 1
- …
- 393
- 394
- 395
- 396
- 397
- …
- 547
- Next Page »