A recent report casts doubt on whether proposed federal legislation would actually accelerate decisions on the siting of cross-border energy infrastructure.
Energy News Roundup: Further Arctic Controversy For Shell, Iran-EU Energy Talks & Coke Water ReplenishmentBy Conor O'Sullivan
The agency tasked with giving approval for Shell’s deep-water drilling off Canada’s coastline includes a UK Tory-appointed official who worked for Shell for decades, it has emerged. [The Guardian] The European Union is working on a political agreement that would establish future energy deals in Iran, according to latest reports. [Bloomberg] The Coca-Cola Company is years… Keep reading →
Energy News Roundup: Canada’s Secret Tar Advocacy, CPS Energy CEO Resigns & Chile Mines Turn To RenewablesBy Conor O'Sullivan
The Canadian government has spent several million dollars on a tar sands advocacy fund in its failed push to export oil, new documents have revealed. [The Guardian] CPS Energy CEO Doyle Beneby, who has pushed the San Antonio owned utility toward using cleaner energy sources, has announced his resignation. [San Antonio Express News] Chile mines… Keep reading →
Energy News Roundup: Buffett’s Dilemma, Canada Commits To Greenhouse Cuts & Nations Subsidizing PollutionBy Conor O'Sullivan
Warren Buffet came in for criticism after his company, Berkshire’s NV Energy, Nevada’s dominant utility opposed the proposal to increase a cap on the amount net metering for state citizens. “While the billionaire’s famed holding company has reaped tax credits from investing in wind farms and solar arrays, net metering is often seen by utilities… Keep reading →
British Columbia’s (BC) once high-flying liquefied natural gas (LNG) ambitions are taking yet another hit. The one-time goal of the Canadian province to have several LNG projects exporting gas to the Asia-Pacific market has already stalled amid plunging global oil and natural gas prices. Now, the Petronas–led C$36 billion (US$32 billion) Pacific Northwest LNG Project… Keep reading →
Energy News Roundup: CO2 Emissions Milestone, Alberta Election Spooks Energy Firms & Futures are Not Forecasts!By Jared Anderson
The monthly global average concentration of carbon dioxide in the atmosphere surpassed 400 parts per million in March for the first time since record keeping began. “This marks the fact that humans burning fossil fuels have caused global carbon dioxide concentrations to rise more than 120 parts per million since pre-industrial times,” added Tans. “Half of… Keep reading →
The Western Canadian province of British Columbia (BC) is trying to get its liquefied natural gas (LNG) export plans together, they really are. However, problems are besetting the country’s once high-flying ambitions. As the price of crude oil, both global Benchmark Brent and NYMEX-traded West Texas Intermediate (WTI) plunged by over half since mid-June, BC’s… Keep reading →
Some economists have recently predicted that it not be until the third fiscal quarter 2015 that oil prices may begin to stabilize (for example, see ATB Financial’s Alberta Economic Outlook Q2 2015, published March 31, 2015). ATB Financial predicts, however, that the price stability will begin at around $50 per barrel rather than at the over $100 per barrel highs of mid-2014.
Canada’s premiers – most of them, anyway – gathered in Quebec City this week to talk climate. But host Philippe Couillard, premier of Quebec, said provincial and territorial leaders can’t do it all on their own. “(W)e call upon the federal government right now to start working with us, first technically, then with the ministers,… Keep reading →
The world is now adding more capacity for renewable power each year than coal, natural gas, and oil combined, attendants heard at the Bloomberg New Energy Finance annual summit in New York on Tuesday. “The shift occurred in 2013, when the world added 143 gigawatts of renewable electricity capacity, compared with 141 gigawatts in new plants… Keep reading →