The price of carbon emissions across Canada should start at a minimum C$10 (US$7.60) per ton in 2018 and climb to C$50 (US$38) as of 2022, the federal government recommended Monday.
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Canadian Oil/Gas Industry Wins One in Precedent-Setting Case
Industry has blazed a trail to carrying out resource projects through Canada’s tangled aboriginal rights maze — and associated environmental resistance — by winning a landmark law case.
BC Government Reaches Out to Oil/Gas Industry in Low Price Era
After chalking up 12 consecutive years of growing natural gas production, the British Columbia (BC) government is courting industry to keep up the momentum with programs that counter price weakness.
BC Government Reaches Out to Oil/Gas Industry in Low Price Era
After chalking up 12 consecutive years of growing natural gas production, the British Columbia (BC) government is courting industry to keep up the momentum with programs that counter price weakness.
Alberta Raises Gas Price Expectations for Fiscal 2014-2015
After an encouraging start, the Alberta government has raised official expectations of average natural gas prices for its full fiscal 2014-2015 by 26%.
Alberta OKs Another Big Gas-Fueled Power Plant With Little Fanfare
Canada’s fossil fuel heartland will stick to its mainstays for its next generation of electricity supplies, a ruling by the Alberta Utilities Commission (AUC) has confirmed.
Suncor’s Oilsands Face Stiff Competition from U.S. Oil Shale
Suncor Energy Inc. is writing off $1.5 billion of the investment in the centerpiece of its $20.6 billion oilsands expansion, the Voyageur Upgrader, which would turn heavy bitumen into light oil, in part because of stunning production growth in U.S. oil shales.
Shell Drops Bid to Develop Natural Gas in Northern BC
Royal Dutch Shell plc has dropped plans to develop coalbed methane in British Columbia (BC) following the provincial government’s decision to ban natural gas and oil exploration in the Klappan, an aboriginal area in the northern part of the province.
TransCanada, Ontario Power Authority Plan Gas-Fired Power Plant
Nearly two years after plans for a natural gas-fired generating station in Oakville, ON, were canceled by the provincial government, TransCanada Corp. has signed a memorandum of understanding with the Ontario Power Authority (OPA) to develop, own and operate a 900 MW gas-fired power plant at OPA’s Lennox Generating Station in Bath, on Lake Ontario’s northern shore.
BMO: Deep Panuke a Light in Nova Scotia Budget Darkness
After growth of 2.4% in 2010, Nova Scotia will see its economy slow in the coming year, according to the Provincial Monitor report by BMO Capital Markets Economics. However, future exports of natural gas are a bright spot on the horizon.