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Mixed reaction in Canada to global energy agency report that says new coal, oil and gas projects must stop


Mixed reaction in Canada to global energy agency report that says new coal, oil and gas projects must stop
Environmentalists say a report from the International Energy Agency that concludes investment in new fossil fuel sources must end if the world is to meet its climate goals has a strong message for Canada, but industry and government say the goal is too ambitious.
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The Canadian Press ·
Posted: May 18, 2021 6:34 PM MT | Last Updated: May 19
Pumpjacks are shown pumping crude oil near Halkirk, Alta., on June 20, 2007. An International Energy Agency report released Tuesday concludes investment in new fossil fuel sources must end if the world is to meet its climate goals.(Larry MacDougal/The Canadian Press) ....

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Canadian oilpatch 'confident' IEA will alter dire warning on oil and gas once emissions tech gains ground


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A new report by the International Energy Agency warns that the energy sector will need to shelve investments in new oil, natural gas and coal projects if the world is to reach net zero carbon emissions target by 2050 a recommendation that could lead to a path that would have significant consequences for Canada’s fossil fuels industry.
Reaching net zero by 2050 while achieving net economic growth is plausible, according to the IEA report released Tuesday, but would require drastic immediate changes, and will require immediate and massive deployment of all available clean and efficient energy technologies.
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How the Pentagon Started Taking U.F.O.s Seriously


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On May 9, 2001, Steven M. Greer took the lectern at the National Press Club, in Washington, D.C., in pursuit of the truth about unidentified flying objects. Greer, an emergency-room physician in Virginia and an outspoken ufologist, believed that the government had long withheld from the American people its familiarity with alien visitations. He had founded the Disclosure Project in 1993 in an attempt to penetrate the sanctums of conspiracy. Greer’s reckoning that day featured some twenty speakers. He provided, in support of his claims, a four-hundred-and-ninety-two-page dossier called the “Disclosure Project Briefing Document.” For public officials too busy to absorb such a vast tract of suppressed knowledge, Greer had prepared a ninety-five-page “Executive Summary of the Disclosure Project Briefing Document.” After some throat-clearing, the “Executive Summary” began with “A Brief Summary,” which included a series of bullet points ....

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Canada's 2050 Net-Zero Climate Goal Means Big Spending and Risks, Say Industry, Analysts


Canada’s 2050 Net-Zero Climate Goal Means Big Spending and Risks, Say Industry, Analysts
Banks’ lending to oil and gas sector under scrutiny due to climate change risks
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As oil and gas investment faces growing scrutiny worldwide, Canada is seen as being particularly vulnerable in its transition to a lower carbon footprint. Nevertheless, its industry says it still has a vital role to play as investments appear likely to start shifting away from new fossil fuel projects in favour of research and innovation targeted at cutting emissions.
“CAPP encourages any groups who are redefining their investment portfolios to consider that investment in Canadian energy is a sustainable choice,” said Tim McMillan, president and CEO of Canadian Association of Petroleum Producers (CAPP) in an email to The Epoch Times. ....

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