This is a news compilation setting the record straight on the day’s top anti-oil and gas stories and providing research and facts to counter misinformation about the oil and gas industry.
Foreign-funded Wilderness Committee uses Keystone XL cancelation as a motive to call for Trudeau to kill other energy infrastructure projects.
Canceling Canadian pipelines and preventing the best in the world oil and gas from reaching the world markets could be a detriment to global emissions.
- The Wilderness Committee has been a frequent recipient of funding from foreign organizations like the Tides Foundation to target natural resource production.
- Neither the report by the Parliamentary Budget Office or the Canadian Energy Regulator say anything about Trans Mountain not being compatible with Canada’s climate policies. They are reports on financials and oil production based on hypothetical scenarios. The Wilderness Committee cherry-picks the hypothetical scenario where developing countries’ energy needs shrink to illogically conclude the pipeline is uneconomical.
https://pbo-dpb.s3.ca-central-1.amazonaws.com/artefacts/92190f47fd14ad10e711d7e90963c3fbe28d48cfb2dc0195d8387d29694d37e0 / https://www.cer-rec.gc.ca/en/data-analysis/canada-energy-future/2020/canada-energy-futures-2020.pdf
- The Wilderness Committee claims that Biden was showing “climate leadership by canceling Keystone XL, even though the project was going to be net-zero by 2023 and powered by 100% renewables by 2030 and carrying best in the world Canadian oil.
- Trans Mountain also doesn’t have to be a choice between climate action and the economy. This study by Navius Research shows that the project can help lower global emissions by 1,600,000 tonnes and fight climate change instead of dramatically increasing them.
- Studies show Canada can provide best in the world oil and gas to non-OECD developing countries, and fight the global problem of emissions by producing resources domestically.
Here’s a story that gets it right
With Keystone XL’s cancelation, Canada’s leaders need to think hard about our energy security. Michael Binnion, Executive Director of Modern Miracle Network writes in a briefing to the Prime Minister some considerations on how Trudeau should speak to President Biden with a balanced approach with respect to the countries commitments to each other, climate change, and the success of their economies which are inherently tied to energy.