The president of Alberta’s fossil fuel industry regulator is resigning one day after the organization publicly apologized for the alarm caused by its $260-billion estimate of financial liabilities in the province’s oilpatch.
The Alberta Energy Regulator is apologizing for a “staggering” presentation, made last February by one of its highest-ranking officials, warning the province’s oilpatch that it could be sitting on an estimated $260 billion in financial liabilities.
The staggering estimate of $260 billion in financial liabilities for the oil and gas industry’s graveyard of spent facilities were spelled out by a high-ranking official of the Alberta Energy Regulator (AER) in a February presentation to a private audience in Calgary.
Saskatchewan Premier Scott Moe flew into Toronto on Monday for a whirlwind visit with his Ontario counterpart, Doug Ford, as the pair took turns spreading misleading information about the federal government's plan to reduce Canada's greenhouse gas emissions.
The breezes of political change may be blowing across the country, but the wind energy industry says it can insulate itself from the shocks that come with new governments by offering power at competitive prices.
Alberta Environment Minister Shannon Phillips is calling on Prime Minister Justin Trudeau’s government to immediately reveal the types of resource development projects that would trigger environmental reviews under a proposed new assessment regime.
Federal minister Jean-Yves Duclos praised Quebec’s leadership in fighting climate change on Tuesday, and said Quebec Premier François Legault will try to persuade reluctant fellow premiers to put a price on carbon pollution.
Prime Minister Justin Trudeau vowed to put more money into the pockets of residents of Ontario and three other provinces as he forged ahead Tuesday with plans to fight climate change by imposing a new price on pollution as of April.