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Canada’s biofuel industry is welcoming a proposed multi-billion dollar package of financial support from the federal government, although concerns remain about whether it will be enough to compete with lucrative subsidies south of the border and reverse the growing dependence on U.S. imports to meet clean fuel regulations.
8 days ago
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The federal government bought the project when the proposed pipeline was on the verge of falling apart before there was ever a shovel in the ground in the face of legal, political, and regulatory challenges.
18 days ago
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Despite growing frustrations and prolonged negotiations with the federal government, a consortium of Canada’s largest oilsands companies is optimistic about having a “line of sight” in securing the support from Ottawa to advance its proposed $16.5-billion carbon capture pipeline project.
28 days ago
cbc.ca
Persistent and severe drought conditions across Western Canada could have a devastating effect on the oil and natural gas sector, which has drilling operations in some of the driest areas, according to a new report by Deloitte.
about 1 month ago
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Calgary-based startup Cap Clean Energy wants to produce sustainable aviation fuel (SAF) in Alberta, Saskatchewan and Manitoba using crop residue, such as wheat straw and other byproducts of grains and oil seeds.
about 1 month ago
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The odyssey of developing and building the Trans Mountain expansion project in Western Canada is finally nearing the finish line as sections of the pipeline begin filling with oil.
about 2 months ago
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Several automakers are pulling back on plans to expand the amount of electric vehicles they produce in response to slowing sales that aren’t expected to hit previous forecasts. At the same time, more models are coming to market and overall sales continue to grow year after year.
about 2 months ago
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The head of the world’s largest energy company on Monday suggested that oil and natural gas will be around for a long time to come and consumption of both sources of energy is likely to grow for at least the next decade or two.
about 2 months ago
cbc.ca
With Thursday’s budget, Danielle Smith joins the long history of governments in Alberta pledging to save the bounty of oil cash. But with a crash in oil prices seemingly always around the corner, every previous commitment to saving has inevitably failed.
2 months ago
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The Alberta government’s seven-month ban on new large-scale wind and solar power projects will come to an end this week, but the province is unlikely to return to its previous status as a hotbed of investment.
2 months ago
cbc.ca
The massive savings stockpile Canadians squirreled away is not being spent, so it can’t be counted on to help the country avoid a possible recession this year.
3 months ago
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For the natural gas industry in Western Canada, it’s a return to low commodity prices after a few years of increased profits.
3 months ago
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As the federal government’s popular Canada Greener Homes grant program comes to a close, the energy audit industry could crumble with businesses across the country warning of mass layoffs in the months ahead.
3 months ago
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An Alberta company plans to begin searching for natural hydrogen in northern Ontario this summer in hopes of finding enough of the gas — highly valued as a clean fuel source — to produce and market it.
3 months ago
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Slumping oil prices are bringing some relief for drivers filling up their gas tanks this winter, but they’re also delivering a financial hit to some provinces as they prepare their next budgets — notably Alberta.
4 months ago
cbc.ca
Some researchers say the moment is here when coal consumption in power plants around the world finally peaks before beginning a perpetual fall.
4 months ago
cbc.ca
After negotiators worked through the night, a new deal has been reached at COP28 which could signal the world’s desire to move away from fossil fuels over the next few decades in an effort to address climate change.
5 months ago
cbc.ca
Long hours and sleepless nights for negotiators at COP28 in Dubai have yet to spark a deal, instead highlighting deep divisions between countries over a potential phase-out of fossil fuels as the UN climate summit extends beyond the scheduled close on Tuesday morning.
5 months ago
cbc.ca
Throughout the two-week climate summit, environmental activists have unleashed a torrent of criticism toward the oilpatch, not only because the industry is a major contributor to global warming, but also because of the sector’s large presence at COP28.
5 months ago
cbc.ca
Environmental activists put a spotlight on Alberta’s climate record on Wednesday at the COP28 climate summit by giving the province the so-called “Fossil of the Day” award.
5 months ago
cbc.ca
From disappearing salmon stocks and caribou herds to wildfires and a changing landscape, Indigenous leaders are sharing their impressions at the UN climate summit of how a warming planet is impacting their communities and way of life.
5 months ago