This is a news compilation setting the record straight on the day’s top anti-oil and gas stories and providing research and facts to counter misinformation about the oil and gas industry.
Greenpeace Canada strategist tries to link the oil and gas industry to climate denialism and obstructing environmental regulations but ignores clean tech boom and environmental outcomes.
The Canadian oil and gas industry’s investments in clean technology and the environment are good for the planet and providing reliable energy.
- Global oil and gas demand isn’t going away and Canada, with the highest ESG ranking of the top ten oil and gas producers should be the one to provide it.
- The Canadian oil and gas industry is the largest spender on environmental spending in Canada.
- The Canadian oil and gas industry is the largest spender on clean technology in Canada.
- The oil and gas industry is actively reducing emissions. Alberta’s Carbon Trunk Line is expected to capture 20% of the emissions from Alberta’s oil sands.
- Technology like Suncor’s project, which uses electromagnetic heating to help recover hydrocarbons, can reduce emissions by up to 80%.
Here are some stories that get it right, or mostly right.
Joseph Quesnel of the Frontier Centre for Public Policy writes about how Canada’s policy towards its energy sector has played out negatively for the country. With the passing of bills C-48 and C-69 in the House of Commons last year, uncertainty remains with the energy sector. More so the government has also been silent on nation building projects like and east bound pipeline through Quebec. The lack of support has caused Canadian energy prowess to take a back seat to the might of the United States oil and gas boom. Quesnel writes that if Canada is to regain its seat as a top-tier producer, there needs to be more balance between environment and our energy economy.