How Canada can cut global emissions and boost its economy

How Canada can cut global emissions and boost its economyWhat can Canada do to reduce global carbon dioxide (CO2) emissions while creating substantial economic benefits? My October column explained why attempting to replace fossil-fuel-generated electricity with wind and solar energy is technically impossible and economically disastrous. Here’s another solution: Export liquefied natural gas (LNG) to replace coal-fuelled electricity generation. This will cut coal plant…

How Atlantic Canada fortunes and oil and gas are intertwined

How Atlantic Canada fortunes and oil and gas are intertwinedBy Mark Milke and Ven Venkatachalam Canadian Energy Centre Atlantic Canada struggled to create good-paying jobs long before the COVID-19 pandemic. The multiple reasons include poor policy and high taxes on businesses and individuals. Poor policy reinforces other lousy policy, leading to a self-reinforcing downward economic spiral. For instance, previous governments formed policy forbidding fracking…

Financial quagmire engulfing oil-producing countries

The rush to monetize oil and gas assets gathers momentum as major debt problems rise for many oil-producing countries

Financial quagmire engulfing oil-producing countriesClimate change is at the top of U.S. president-elect Joe Biden’s priority list. By nominating a person of the stature of former secretary of state John Kerry as the special presidential envoy on climate change, Biden has spelled out his intentions. The message is getting loud and clear to stakeholders. Consequently, the rush to monetize…

New battery research could help power the future

Redox flow battery technology has promising applications for storing energy from renewable sources

New battery research could help power the futureUniversity of Alberta chemists are making new strides in research on a type of battery that could help power the future. “Environmentally friendly renewable energy sources such as solar and wind provide a significant opportunity to alleviate the energy crisis and dramatically reduce carbon emissions,” said Hao Wang, chemistry PhD student in the Faculty of Science.…

Alberta oil and gas critical to B.C.’s economy

The impact of oil and natural gas is significant, whether it is for salaries, Indigenous jobs, or GDP

Alberta oil and gas critical to B.C.’s economyBy Mark Milke and Ven Venkatachalam Canadian Energy Centre How much do the oil and natural gas industries contribute to British Columbia’s economy? One way to see the impact is to look at those of Indigenous ancestry. Their employment proportions across sectors and incomes reveals a lot about where the good-paying jobs are, and also…

Nuclear industry could boost Canada

A real game-changer for the energy economy, and the environment

Nuclear industry could boost CanadaThe COVID-19 crisis has dominated most recent media coverage but environmental concerns remain. Friday for Future, the movement launched by Greta Thunberg, has come back to protest the federal government’s inaction on earlier green promises such as curbing greenhouse gas emissions. More and more, we’re seeing green activists fighting against industry and energy consumption. But…

OPEC faces an existential threat

The viability of OPEC as an effective organization is now in question

OPEC faces an existential threatGloom continues to cloud crude oil markets. With a COVID-19 vaccine unlikely to ride to the rescue of the global oil market for some time, the combination of weaker demand and rising oil supply provides a difficult backdrop to the meeting of the Organization of Petroleum Exporting Countries (OPEC) and their allies later this month,…

Autocratic regimes use energy as a weapon

International power politics employed by the likes of Russia have resulted in many countries looking for new energy sources

Autocratic regimes use energy as a weaponBy Mark Milke and Ven Venkatachalam Canadian Energy Centre Russia cut off the natural gas supply to Ukraine in mid-winter 2009, ostensibly over a pricing dispute. It was a reminder that energy can be used as an economic and political weapon by autocratic regimes – in this instance, Vladimir Putin’s Russia. We have more recent…

Why oil and gas are fundamental to Canada

The $493 billion in oil and gas revenues paid to governments since 2000 is more than family allowance and children’s benefits since 1970

Why oil and gas are fundamental to CanadaBy Mark Milke and Lennie Kaplan Canadian Energy Centre Humans are wired to respond to stories that paint a relatable picture of an issue at hand. And those stories are easier to remember. If we repeat a Rex Murphy story about how out-of-work cod fishery workers from Newfoundland saved their homes and marriages by moving…

It’s time to invest in Canada’s energy sector

Canada can supply oil and natural gas to world markets for decades, while driving down emissions and bolstering our economic recovery

It’s time to invest in Canada’s energy sectorImagine a global $800-billion natural gas and oil investment market and the opportunity that represents for Canada. Canadians should be very interested in what it would mean for our country’s economic recovery if we market the strengths of our vast natural gas and oil industry, and capture an increasing share of those billions of investment…
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