This is a news compilation setting the record straight on the day’s top stories about the oil and gas industry.
News Headline:
No apologies: Africans say their need for oil cash outweighs climate concerns
The Facts:
Hydrocarbons can turn developing countries into developed ones.
- Impoverished regions of the world like Africa still use a significant amount of firewood for their primary energy needs, and over 900 million Africans are exposed to health risks from indoor cooking fires.
https://www.iea.org/africa2019/ - 600 million Africans don’t have adequate access to electricity which blocks their economic and social progress.
https://qz.com/africa/1265780/how-many-people-have-electricity-in-africa/
News Headline:
HARRIE VREDENBURG: Let’s target the real climate culprit – emissions, not Alberta
The Facts:
Canada is a leader in reducing emissions and protecting the environment.
- If oil and gas producing countries had the same venting and flaring standards as Canada, global emissions from hydrocarbon production would drop 25%
https://globalnews.ca/news/4427014/oil-industry-greenhouse-gas-emissions-canada-science/ - The oil and gas industry is the largest investor in environmental spending in the country.
https://www150.statcan.gc.ca/n1/daily-quotidien/181214/dq181214d-eng.htm