The transition to a low carbon economy started long before anyone heard of COVID 19. According to a 2019 report from Clean Energy Canada, there are already 298,000 Canadians working in the clean energy sector. Yet as a result of the global pandemic, the demand for oil has fallen to 1995 levels. The Canadian Association of Petroleum Producers (CAPP) did not hide the fact they have been been working closely with the Trudeau government to “identify important areas for urgent action to help Canada’s energy sector survive the current economic crisis.”
Continue reading Helping Canada’s Energy Sector SurviveTag Archives: Alberta emissions
Tight Oil, Canada’s Pipeline Capacity & The Trans Mountain Pipeline’s Feasibility
By Roy L Hales
Last March I interviewed internationally recognized energy expert David Hughes at his home on Cortes Island. Publication of this story was delayed, in part, because of a six minute segment in which he discussed some of the issues raised in his newly published report Will the Trans Mountain Pipeline and Tidewater Access Boost Prices and Save Canada’s Oil Industry? However we touched upon a wide range of subjects, including Tight Oil, Canada’s Pipeline Capacity & the Trans Mountain Pipeline’s feasibility.
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The Oil Industry’s Future
By Roy L Hales
Lux Research just released a report stating that as prices keep falling, “Big Oil” is increasingly using smarter sensors and “Big Data” to manage risks, cut costs by increasing efficiency, and increase revenues. (Access it here) I recently did a Q&A with Colleen Kennedy, Lux Research Analyst and co-author of the report, about her report and the oil industry’s Future.
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BC’s Need To Confront Climate Change
Jens Wieting of Sierra Club BC believes BC’s emissions are being seriously underreported. There are some bright spots in the province, like the city of Vancouver, but for the most part Canadian politicians are not dealing with the reality of Climate change.in the podcast below he talks about BC’s Need to confront Climate change.