Tag Archives: Mark Carney

Majority of Albertans don’t want taxpayer dollars used for pipeline; say province’s economy too dependent on oil and gas

Despite the latest spike in oil prices and months-long push by oil and gas industry for the stripping back of environmental regulations, Albertans are concerned about overreliance on single sector.

By Janetta McKenzie , News release from the Pembina Institute

CALGARY — A majority (61 per cent) of Albertans say they do not want taxpayer money to be used for a new pipeline, with even more (67 per cent) saying they think the province’s economy is too dependent on the oil and gas sector. 

New polling commissioned by the Pembina Institute and conducted by Probe Research in late April and early May suggest Albertans’ views on energy policies are not aligned with priorities being brought forward by the Government of Alberta and oil and gas industry leaders. These have included a broad push for environmental deregulation, as well as a proposal for a new oil pipeline that has so far been funded exclusively with Alberta taxpayer dollars, and has still yet to attract a private sector proponent.

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Alberta’s First Carbon Capture Facility Operational

Alberta’s first operational carbon capture facility, the Meadowbrook Carbon Storage Hub, quietly commenced operations in December. Bison Low Carbon Ventures Inc. (Bison), the developer, issued a press release stating: 

“The Phase 1 facility is licensed for up to 500 kilotonnes per annum of CO2 injection and we expect the project, once scaled, to be able to safely handle a minimum of 3 million tonnes per annum of CO2 injection for permanent sequestration.”  

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What Will Canada’s AI Strategy Mean for Jobs and Safety?

By Isaac Phan Nay, The Tyee, Local Journalism Initiative Reporter

Prime Minister Mark Carney announced Canada’s long-awaited and much-delayed artificial intelligence strategy on Thursday, outlining how his government plans to adopt and control the powerful technology.

The strategy signals the government’s support for large-scale AI adoption. The plan includes a $500-million fund to invest in Canadian AI companies and a commitment to support construction of data centres that will bring at least a combined 850 megawatts of compute capacity by 2030.

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What the Ksi Lisims LNG Deal Means for Canada, Germany, and Global Emissions

Germany is a leader in the global energy transition. It is also one of the few nations whose emissions are falling at a rate close to what Climate Action Tracker says is needed to limit the rise in average global temperatures to 1.7°C. Yet last week, Germany’s leading utility, Securing Energy for Europe (SEFE), signed an agreement to purchase one million tonnes of Canadian LNG per annum for up to 20 years. What does this mean for Canada, Germany and the world, in terms of emissions?  

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Jennifer Lash on Mark Carney, the MOU and Canada’s low carbon future

There have been a lot of concerns that the MOU with Alberta represents a step backward when it comes to reducing climate-change-causing emissions from big industry and advancing clean energy. In this morning’s interview, Jennifer Lash, who was both a senior adviser at Environment and Climate Change Canada and a Liberal candidate in the last election, shares her perspective on these issues.

Shortly after the radio version of this story first aired, Carrie Saxefrage from the Cortes Island Climate Action Network emailed, “Ten years ago, Bank of England Governor Mark Carney gave a speech in which he said the world must turn risk into opportunity by building new markets in climate transition and green finance. Last week, Prime Minister Carney just backed down before the oil industry bullies who are pushing our shared Earth further toward mass extinction. The new Mark Carney may survive to fight another day, but how much of our money will he have thrown away, or locked into climate destruction? What and who will be left to save? “

Canada needs the Mark Carney of ten years ago, the leader who is eager to use his political capital to persuade Canada that our taxes and regulations must, with deliberate speed, transition our nation toward stability and away from fossil fuels.”  

May Thaysen added, “The Cortes climate action network is here to build a home base for the people power we need to stop the pollution that is threatening our lives and livelihoods – that includes political pressure on the Prime Minister to force him to do the right things.  Reach out at [email protected].”

Jennifer Lash explained, “I went through a bit of an existential crisis when the MOU was announced. That was a hard moment for me. I’ve spent many years arguing against pipelines and arguing for carbon pricing, but I had to step out of the old way I was looking at climate. I had to step into a new way of looking at it, one that took more into consideration the current global crisis we’re in and the political situation.”

Continue reading Jennifer Lash on Mark Carney, the MOU and Canada’s low carbon future