Ticktock, ticktock. That is the sound of clocks at oil and gas companies still waiting to hear back on the short-term assistance that was announced by the Federal Government in April. Many now face looming restructurings, sell-offs or insolvency in a distressed market. What went wrong? An industry facing the double whammy of Saudi Russian
Read More...New federal data on home energy costs raise red flags on the implications of a movement to force families to switch from natural gas to electric-powered heaters and appliances. The Department of Energy’s recent publication of the 2020 average unit costs of residential energy assessed the price of natural gas at $10.13 per million British
Read More...Here are the top news stories covering Canada’s energy landscape: Alberta Energy Minister Calls Norway’s New Oil Tax Cuts “Hypocritical” In an attempt to provide some relief to its oil and natural gas industry, Norway’s government cut taxes on the industry by 40 percent to help stimulate the sector and attract oil companies to the
Read More...Here are the top news stories covering Canada’s energy landscape: New Report Steers Policy Makers Away From Oil and Gas Developments A new report from the Stockholm Environment Institute is receiving criticism for inflating risks associated with new oil and natural gas development projects in Canada. A new blog from the Canadian Energy Network states
Read More...While global carbon emissions saw a slight increase in 2019, the United States continued its long-term trend of reducing these emissions – at the same time that natural gas production and demand continued to increase – according to BP’s 2020 Statistical Review of World Energy. This year’s edition was published amidst one of the most
Read More...Here are the top news stories covering Canada’s energy landscape: Canadian LNG Alliance Launches The British Columbia Liquified Natural Gas (LNG) Alliance formally became the Canadian LNG Alliance (Canadian LNGA) this week to reflect the critical role of LNG for Canada’s COVID-19 economic recovery. Bryan Cox, President and CEO of the Canadian LNG Alliance, issued
Read More...Here are the top news stories covering Canada’s energy landscape: Columnist: Energy Development Is Needed Toronto Sun columnist Larry Goldstein issued a call for more oil and natural gas development to aid Canada’s recovery from the COVID-19 pandemic. As Canadians slowly begin to reengage in the marketplace, energy supply, and therefore energy infrastructure, needs to
Read More...Energy-related CO2 emissions declined by 2.8 percent from 2018 to 2019, according to data recently published by the Energy Information Administration. The emissions drops in 2019 are significant when looked at beside the broader U.S. context: despite an energy consumption decline of 0.9 percent in 2019, gross domestic product increased by 2.3 percent in the
Read More...According to a new report by the Montreal Economic Institute (MEI), natural gas will drive Québec’s transition to electrification. Electrification is defined in many ways, but at its base electrification describes the adoption of electric end-use technologies. In the United States, many believe that electrification should be driven only by renewable energy such as solar
Read More...The U.S. electric power sector has surpassed the Obama Administration’s Clean Power Plan emissions reduction targets 11 years ahead of schedule, according to a new report by the Carbon Tax Center. The CPP aimed to cut carbon emissions from electricity generation by 32 percent of 2005 levels by 2030. But in 2019, the power sector
Read More...Global emissions plateaued to 33 billion tons in 2019, according to a new International Energy Agency report. This positive development—which came on the heels of two years of emission increases—was largely driven by a switch to natural gas in advanced economies. Meanwhile, the report also indicates the vast opportunities that still exist for natural gas
Read More...On the same day that a handful of California municipalities seeking to revive their climate litigation crusade presented oral arguments before the Ninth Circuit Court of Appeals, the non-profit public interest law firm Government Accountability and Oversight (GAO) filed a lawsuit on February 5th against the office of Washington State Attorney General Bob Ferguson for
Read More...It’s not that easy being green–unless you’re a nonprofit looking for donations. A new Axios analysis of tax filings from 18 of the most influential environmental groups found significant increases in donations between 2015 and 2017. Comparing 2015, the last full year before Trump’s election to 2017, the first full year after, Axios found donations to well-known environmental groups increased by
Read More...Today kicked off the beginning of New York City Climate Week. With dozens of events being hosted across the city, covering a myriad of different climate issues, one important topic is being ignored: Natural gas. Natural gas has cut 50 percent more emissions in the United States than wind or solar combined since 2005. So
Read More...The amount of recoverable natural gas in the United States has reached its highest-ever recorded level, according to an announcement today by the Potential Gas Committee and the American Gas Association. The PGC’s biennial assessment of recoverable natural gas measured a resource base of 3,374 trillion cubic feet (Tcf), which is a 20 percent or
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