U.S. climate envoy John Kerry urged the world to be “very skeptical” about claims from oil and gas producers that emerging technology soon will allow people to adequately capture the climate-wrecking fumes emitted by their cars, planes and businesses.
Environment Minister Steven Guilbeault isn't warming to the idea of combating climate change by imposing a windfall tax on the massive profits being posted by some Canadian oil and gas producers.
Representatives from Canada's oilpatch said on Thursday, May 28, 1010, they don't know of a single energy company that has yet benefited from any of Ottawa's pandemic-inspired loan programs and many think the cost to access them is too high.
Canada's oil and gas producers have asked the federal government to freeze the carbon tax and delay new climate change regulations while the industry weathers the storm of COVID-19.
Canada's oil and gas producers are struggling to stay competitive with their U.S. counterparts because of the struggle to expand pipeline capacity, says a new report from the C.D. Howe Institute.