Pages tagged "Topic: Energy"
U.S. Could Still Build Keystone XL, Decreasing Long-Term Need for Unfriendly Oil Suppliers
Several suggestions from the U.S. over the past several months that it may scale down sanctions on Venezuela to increase oil supplies should make us all think of the Keystone XL (KXL) pipeline. The now-defunct project could have been a stable and reliable source of oil for U....
OPEC's Latest Oil Production Cuts Show Why the West Must Look to Canadian Energy
OPEC+, a group of the world's most influential oil producers, agreed to deep output cuts on Wednesday in an attempt to boost crude prices, despite calls from Western nations to pump more to help support the global economy. The 2 million barrel per day reduction from November ...
Is There a 'Business Case' for Canadian Liquefied Natural Gas? Just Ask These Countries.
Europe’s unfolding energy crisis and desire to find new sources of energy supplies has led to fierce debate about developing new liquefied natural gas (LNG) export terminals on Canada’s coastlines. The discussion raises the question: is there a “business case” for new Canadia...
35 Examples of How Energy Shortages Negatively Affect People, Prosperity and the Planet
An energy crisis has been developing across the world over the past few years. Exacerbated by the war in Ukraine, these supply shortages are accompanied by many real-world consequences for people, prosperity, and the planet. Here are more than 30 tweets showing us all just wh...
Canadian LNG Can Play a Big Role in Underpinning Global Energy Security, If We Let It
It’s 2022, and Canada still doesn’t have a single major liquefied natural gas export facility built. Meanwhile, natural gas prices in Europe and Asia are reaching all-time-highs [1], forcing several industries to return to more greenhouse gas (GHG) intensive forms of energy. ...
Environmental Groups Protest Canadian Proposal to Help Europe Wean Itself Off Russian Natural Gas
Amid the worst modern energy crisis the world has ever seen (1), environmentalists are doubling down on opposition to sustainable Canadian energy projects which, if built, could help Europe reduce its dependence on Russian natural gas.No, seriously. A coalition of environment...
Europe's Return to Coal Highlights Need for Canadian LNG
As Russia reduces natural gas flows to Europe, many countries are scrambling to ensure their energy needs are met this coming winter. Germany, Austria, Italy and the Netherlands have all announced plans to resurrect coal-fired power plants to conserve precious natural gas res...
Energy Sector to Generate $112 Billion for Canadian Governments in 2022-2023: REPORT
A new report by RBC Capital Markets estimates a significant financial windfall for Canadian governments through our local oil and gas industry in an era of now-higher commodity prices and improved profitability.Released in July, RBC's report (1) estimates these revenue stream...
Canada is Part of the Solution to the Global Energy Crisis. What Are We Waiting For?
Amid a global energy crisis deemed worse than the oil crises of the 1970s, Canada seems to have forgotten about its vast petroleum reserves, which, if unleashed, could help stabilize energy markets and improve energy security worldwide.Canada is one of the few democratic coun...
The Global Energy Crisis May Worsen, Canada Must Be Prepared to Help
A global energy crisis has gripped nations worldwide, and it may get worse before getting any better. Families are being hit by huge price hikes, businesses are shutting down over unpayable energy bills, and elected leaders are struggling to tackle high inflation.According to...