This is a news compilation setting the record straight on this week’s top stories about the oil and gas industry
Weekly Update: February 10th-14th
Alberta has a progressive electricity grid
Africa needs energy
Teck’s Frontier Mine
- Canadian hydrocarbons are a solution, not the problem
Today (February 14th)
It will be an energy transition with hydrocarbons, not off hydrocarbons.
- The world will go from 7.5 to 9.5 billion people in the next few decades and hydrocarbons will be necessary to keep up with energy demand, especially from developing countries.https://www.iea.org/reports/oil-2018
- The Canadian oil and gas industry can play a huge role in helping the transition with hydrocarbons by continuing to invest and research clean technology that keeps emissions low and energy sustainable.
The inconvenient truth for anti-hydrocarbon groups co-opting Indigenous issues for their own agenda.
- Orriginally only 5 out of 13 hereditary chiefs opposed Coastal GasLink, however some of the matriarchal hereditary chiefs who supported the project were silenced and replaced with supporters of the protest.https://www.theglobeandmail.com/business/article-wetsuweten-chiefs-remove-hereditary-titles-of-three-women-who/
- Natural Gas maintains a net climate benefit if leakage rates remain under a certain threshold, which rates are currently well below.
- The demand for hydrocarbons, especially natural gas will be increasing dramatically, not just in developing countries, but across the world for decades.
- The majority of Indigenous peoples, elected or not, support Coastal GasLink and feel the blockades are infringing on their rights to the benefits provided with their support agreements.
Coastal GasLink has majority of Canadian and Indigenous support.
- Angus Reid recently published a poll showing that a majority of Canadians support Coastal GasLink, and a majority oppose the protests.http://angusreid.org/coastal-gaslink-wetsuweten/
- Members of the Wet’suwet’en also support the pipeline, because it will provide jobs and economic support to their communities.
The natural gas that would be shipped through Coastal GasLink will help lower global emissions.
- Coastal GasLink will be shipping natural gas to the LNG Canada facility, which will be using hydropower to produce liquified natural gas.
- The LNG produced will then be shipped to China where it will be able to help lower global emissions by providing clean natural gas.
In developed countries, air quality has increased due to hydrocarbons.
- Despite being a major consumer of hydrocarbon energy per capita, Canada ranks among the top 10 countries for clean air quality.
- Major air pollutants like NO2 and SO2, which contribute to smog and air quality, have significantly decreased with the increase in energy usage.
Protesters refuse to accept facts.
- The project has Indigenous support due to the economic opportunities the pipeline represents, like the establishment of a 700 person housing project from an Indigenous-owned company built on top of the ruins of a residential school.
- Despite protesters claiming to rally around Indigenous rights, about 1/3rdof employees who have worked on Coastal GasLink so far have been Indigenous.
Why are we letting radical activists bring Canada to its knees when there is overwhelming support for Coastal GasLink and Trans Mountain?
- There is overwhelming support for Coastal GasLink and Trans Mountain except for a few small groups of activists with anti-Canadian hydrocarbon agendas.
- As activists hold up Canadian lives, they also set back the economic reconciliation and benefits that the overwhelming majority of Indigenous people in the region would like to see from the project.
Globe 2020 conference discusses energy transition, while protests rage over pipelines
As the world’s energy needs increase, Canada’s hydrocarbons need to be part of the solution.
- With the continued investment of Canadian hydrocarbon producers in clean technology to the tune of over $1 billion a year, the oil and gas industry is putting its front foot forward in tackling emissions.
- Companies like Baytex Energy are committed to dramatic reductions in emissions so that Canada can continue to provide sustainable energy to the world.
Canadian LNG can play a massive role in reducing global emissions.
- Though emissions stabilized globally in 2019, the increase in demand saw in developing countries saw their emissions rise, with 80% of the increase from Asia.https://www.cnbc.com/2020/02/11/energy-related-co2-emissions-flatlined-last-year-iea-says.html
- Regions with heavy emissions like Asia are looking at Canada to supply LNG to reduce their carbon footprint.
Shifting oil and gas production from Canada won’t reduce investment and could increase emissions.
- With rising demand globally, reducing investment in the private sector could see state-owned companies increasing production and many of these countries have appalling human rights records.
- When this happens, carbon leakage can occur. This shift’s production to other jurisdictions that do not have a comparative advantage in carbon and can lead to an increase in global emissions.
Despite massive Indigenous support for Coastal GasLink, protestors delegitimize economic reconciliation.
- All 20 elected Indigenous communities along Coastal GasLink’s path have signed benefits agreements, including the Wet’suwet’en.
- The Coastal GasLink team has had over 15,000 interactions and engagements with Indigenous communities along the proposed pipeline route, and over one-third of all the work completed on the project has been conducted by Indigenous people.
The Federal Government’s flip-flopping on Teck is starting to wear Indigenous patience.
- Instead of approving the project with the consent and consultation of Indigenous communities, the government is now debating to reject the project without the consent of the impacted communities.
- This project is expected to bring thousands of jobs over its construction and lifetime to these remote communities.
Indigenous groups want it for economic opportunity and poverty reduction.
- There are at least 3 Indigenous groups looking to purchase stakes in the Trans Mountain pipeline.
- 120 out of 129 Indigenous communities either support or are not against the pipeline and Trans Mountain has signed agreements with 58 of them so far.
The author of this article is completely divested from reality.
- Professor Andrew Leach noted that when considering Alberta’s electricity, most oil sands projects, including Teck’s Frontier mine, are basically electricity neutral due to their contributions to the energy grid.
- The use of cogeneration in oil sands sites has attributed to a significant reduction in the per-barrel intensity oil in Alberta.
Preventing African access to reliable hydrocarbon energy will keep them instilled in poverty.
- With more than 600 million Africans without access to electricity, stopping hydrocarbon development will hamper Africa’s chances of increasing its quality of life.
- Currently, a third of the energy mix in Africa is from solid biomass such as wood or dung, which creates major health hazards when used for cooking and heating.
Even though it is an Albertan project, the benefits will be felt across the country.
- More often than not, when oil and gas projects are approved in Alberta, the projects look east for supplies and parts, providing business across Canada.
- The Joint Review Panel Established by the Federal Minister of Environment and Climate Change and the Alberta Energy Regulator has already approved the project in the public’s interest.