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.
Bloomberg article misconstrues “peak consumption” for the end of demand.
There will still be demand for oil after “peak consumption”, the world will need a responsible producer like Canada to supply it.
- Energy use and fossil fuel consumption is directly linked to an increased quality of life and a higher GDP.
- While demand for oil in OECD countries will remain stable up to 2045, demand will be increasing in non-OECD countries as they improve their economies and quality of life.https://www.opec.org/opec_web/en/press_room/6147.htm
- Canada ranks #1 of major oil producers in Environmental, Social, and Governance standards. Producing more energy with a lower environmental footprint requires countries like Canada.
- 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.
- The Canadian Energy Research Institute expects the oil and gas industry to provide $1.01 trillion to the Canadian economy over the next 11 years. Boosting Canada’s economy and improving the quality of life for Canadians.
Here are some stories that get it right, or mostly right.
In our article published in the Westphalian Times today, we detail some of the implications of a single-use plastic ban. More than 90% of the plastic in oceans comes from just 10 rivers and none of them are near Canada. Plastic pollution is a waste management problem that should be solved through innovation and recycling programs, not moratoriums. The alternate could have serious consequences for public health and the environment.