Last month, the federal government announced an investment tax credit for carbon capture, utilization and storage (CCUS) projects in Canada. According to MEG Energy Corp.’s Q1 financial and operational results, this announcement is a positive step in the Oilsands Pathways to Net Zero Alliance’s efforts to work collaboratively with governments to help Canada achieve its climate goals, with support from the Alberta government.
May 3, 2022, 9:27 AM MDT
May 3, 2022, 12 AM MDT
The Alberta government is investing $50 million to launch a new Clean Hydrogen Centre of Excellence aimed at driving innovation in the production, deployment and use of hydrogen across the economy.
April 26, 2022, 3:50 PM MDT
Establishing a $15 billion Canada Growth Fund to attract private sector investment is positive in that this provides another source of funding directed at meeting national economic policy goals, says former cabinet minister Lisa Raitt, but the federal government likely also faces challenges with a public program of this nature.
April 13, 2022, 12 AM MDT
Canada has an opportunity to go from climate action laggard to leader with its new climate action plan, suggests Natural Resources Minister Jonathan Wilkinson.
April 12, 2022, 6 AM MDT
In an industry undergoing a substantial shift, confidence from investors can be tied to predictability. The federal government’s tax credit aimed at sparking investment in carbon capture, utilization and storage (CCUS) technologies does just that, says the head of a carbon pricing data tool company.
April 12, 2022, 12 AM MDT
The Alberta Technology and Innovation Strategy aims to position the province as a technology and innovation hub, attracting talent, business and job-creating investments, both domestic and global, with the energy sector already off to a great start, says Doug Schweitzer, minister of Jobs, Economy and Innovation.
April 12, 2022, 2:27 PM MDT
Federal Natural Resources Minister Jonathan Wilkinson and Tory Rushton, Nova Scotia’s minister of natural resources and renewables, jointly announced their intent to expand the mandate of the Canada-Nova Scotia offshore energy regime.
April 11, 2022, 10:28 AM MDT
The federal budget was released yesterday amid higher prices and inflation, ballooning debt, the war in Ukraine and the new Liberal-NDP deal. With all the uncertainty, it was an open question where the government would take fiscal policy.
April 8, 2022, 5:18 AM MDT
The member companies of the Oil Sands Pathways to Net Zero alliance should have a better handle on the projected costs later this year as the federal government’s commitment is fully understood and the issue of access to needed pore space becomes clearer, says Tim McKay, president of Canadian Natural Resources Limited.
April 8, 2022, 2:43 PM MDT
Once a carbon capture, utilization and storage (CCUS) leader, Canada is falling behind other jurisdictions like the U.S. in implementation despite having one of the best tools in the toolbox for incentivizing CCUS: a relatively high carbon tax.
April 7, 2022, 8:18 AM MDT
The federal government has staked a large share of its greenhouse gas emissions reductions on a long fought for carbon tax. At the COP26 UN Climate Change Summit, Prime Minister Justin Trudeau also urged world leaders to impose a global price on carbon by 2030.
April 7, 2022, 10:30 AM MDT
The green energy transition was not sustainable prior to Russia’s invasion of Ukraine that has roiled global energy markets, and it’s even more untenable with the doubling down on the transition announced by many countries as a solution to the energy crisis, according to a senior fellow at the Manhattan Institute for Policy Research, Inc.
April 6, 2022, 1:52 PM MDT
The federal government announced plans to develop guidance that will require proponents of new oil and gas production projects subject to a federal impact assessment to demonstrate that they will have "best-in-class" low-emissions performance.
April 6, 2022, 2:53 PM MDT
April 5, 2022, 12 AM MDT
The federal government announced a combined investment of over $7.5 million to four organizations in Alberta that are advancing emerging clean technologies.
April 4, 2022, 11:10 AM MDT
April 4, 2022, 12 AM MDT
Six new proposals will begin exploring how to develop environmentally safe carbon storage hubs to reduce emissions from the Industrial Heartland around Edmonton, the Alberta government announced this afternoon.
March 31, 2022, 1:54 PM MDT
The B.C. government is establishing an office to rapidly expand hydrogen deployment and to streamline projects from proposal to construction.
March 31, 2022, 11:10 AM MDT
Ottawa released its long-awaited Emissions Reduction Plan this week. A voluminous 271 pages, the plan charts the government’s path for climate policy to 2030.
March 30, 2022, 12 AM MDT
The federal government announced a combined investment of over $12 million to seven organizations that are advancing emerging clean technologies.
March 30, 2022, 9:06 AM MDT
An energy sector industry alliance developed to work collectively with government to cut greenhouse gas emissions says the federal government’s new Emissions Reduction Plan (ERP) presents an “ambitious challenge” to all Canadian industries.
March 29, 2022, 3:41 PM MDT
March 29, 2022, 9:33 AM MDT
The Saskatchewan oil and gas sector is in bounceback mode after some tough years and the future looks promising for both industry and the province, says Bronwyn Eyre, minister of Energy and Resources.
March 28, 2022, 6 AM MDT
The CleanBC Industry Fund is now open to applications for projects that will match carbon tax revenue with industry investments to generate new economic opportunities to reduce emissions.
March 28, 2022, 3:42 PM MDT