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 →
Two new studies have revealed new research over the “warm blob” in the northeast Pacific ocean — a 2 degree C temperature anomaly that began in the winter of 2013-2014 in the Gulf of Alaska. “The 2013-2014 “blob” was just the beginning. In the summer of 2014, warm water also showed up off the California coast.… Keep reading →
President Obama visited Jamaica on Thursday, meeting with Prime Minister Portia Simpson Miller and more than a dozen other leaders from throughout the Caribbean to discuss the region’s energy future. “Topping Thursday’s agenda is a looming energy crunch in the Caribbean, and a chance for the U.S. to seize the initiative there from leftist leaders… Keep reading →
Michael Bloomberg, former New York City Mayor, said in a recent op-ed that President Obama should use the Keystone XL pipeline as a bargaining chip in negotiating a broader climate deal with Canada. Canada is one of the USA’s most important allies and trading partners and most policy frameworks are closely aligned. But Canada is considered… Keep reading →
In its goal of pursuing statehood, the Islamic State became an oil state at the worst time. When international oil prices were trading closer to $100/bbl, it’s estimated that IS could have been making $6 million a day from black market oil sales. The oil price decline is altering the way IS conducts its business… Keep reading →
Alberta is Canada’s energy powerhouse, home to the country’s oil sands resources, significant natural gas reserves and over 10 active coal mines. As the country seeks to be a global energy power it needs the steward of its abundant resources to be viewed as one of the world’s best, and that responsibility now falls on… Keep reading →
