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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.
Tzeporah Berman’s $2 million dollar idea is to treat reliable energy sources like nuclear weapons.
The developing world needs more Canadian oil and gas, not less.
- Increased energy use leads to a higher quality of life and higher GDPs for developing nations.
- There are still 940 million people worldwide without basic access to electricity. There are 3 billion who don’t have access to clean fuels for cooking and are at risk from indoor pollution.
- The number of people without access to basic electricity and cooking fuels will continue to increase as the population grows to almost 10 billion by 2050.
- Canada has the highest ESG ranking of the top 10 oil and gas producing countries, making us well suited to provide reliable energy and protect the environment.
- Navius Research found that Canada had a comparative advantage in carbon emissions when it comes to emissions-intensive trade-exposed industries. By producing resources in Canada, we can lower emissions globally.
Here are some stories that get it right, or mostly right.
Miguel Ouelette of the Montreal Economic Institute writes that the forthcoming Clean Fuel Standard will have a negative impact on Canada and its economic recovery. The CFS, promised by the Liberal government in 2016 is aiming for fuel producers to reduce the carbon contents of their fuels over the lifecycle (extraction to end-use). Interestingly, the CFS is the only standard in the world that also includes natural gas and propane, both feedstocks for manufacturing. The CFS could increase production costs and put jobs at risk in a time when Canadians have been ravaged by unemployment from COVID shutdowns.