Canadian election and other political stuff

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Canada is producing more oil than it ever did. The cap will not reduce oil production unless the oil companies choose not to make their production more efficient. Reducing fugitive emissions is an important goal for many of reasons. From experiences related to me by people with field experiences in oil and gas production, oil companies have been pretty slack about improving efficiency in production.
 
November 4, 2024 (Calgary, Alberta)

The Canadian Association of Petroleum Producers (CAPP) released the following statement from President & CEO, Lisa Baiton to address the federal government’s draft emissions cap regulations:

“The draft emissions cap regulations will be an unnecessarily complex layer on top of an already overly complex web of energy and climate regulations across the country. The introduction of this draft regulation comes with the high probability of negative impacts on the Canadian economy and no guarantee of emissions reductions.

Since this plan’s inception, CAPP has expressed serious concerns about the cap’s complexity and potential negative economic impacts, particularly as Canada faces significant economic headwinds. Canada’s policy and regulatory environment is already creating a challenging investment environment for the types of projects we need to create jobs and power our economy.

CAPP and our members believe the draft emissions cap regulations, if implemented, are likely to deter investment into Canadian oil and natural gas projects. The result would be lower production, lower exports, fewer jobs, lower GDP, and lower revenues to governments to fund the critical infrastructure and social programs on which Canadians rely.

Given new federal Competition Act rules introduced in Bill C-59, CAPP is unable to directly discuss the oil and gas industry’s decade-long track record on emissions reductions. Therefore, we invite Canadians to review the federal government’s national inventory data and draw their own conclusions.

CAPP will thoroughly review the draft regulations once they are released to fully understand their impact. From an initial review, we believe the draft emissions cap, if fully implemented, will have serious negative consequences for Canada’s workers and our economic future.”

Lisa Baiton, CAPP President & CEO
 
The following statement is attributable to Deborah Yedlin, President and CEO at the Calgary Chamber of Commerce:

“The Calgary Chamber remains deeply concerned with the federal government’s decision to pursue a sector-specific cap on oil and gas emissions, recognizing the significant consequences the proposed regulation would have on the Canadian economy, and Canadians more broadly. As the only jurisdiction globally with a self-imposed cap, the emissions cap would be detrimental to Canada’ competitiveness, and as such, we continue to call on the federal government to withdraw the proposed regulations. While we recognize the sizable challenge climate change poses to our planet and economy, the oil and gas emissions cap – as proposed – is neither an effective nor efficient tool to address this challenge.

“Rather than support investment, the emissions cap – as currently structured – will create more uncertainty, stifle investments aimed at decarbonization in a sector that has already shown significant decreases in per-barrel emissions intensity and risk moving investments to other jurisdictions – ultimately leaving Canada further behind. The data is clear: this cap would lead to one million barrels cut each day according to S&P Global, $28 billion in lost GDP according to Deloitte and up to 150,000 lost jobs according to the Conference Board of Canada.

“Now more than ever, we need to prioritize energy security, economic stability and industry competitiveness – particularly with the U.S. election approaching, which could impact global energy markets, and Canada as the largest supplier of energy to the United States. Further, with trading being limited to within the sector, the emissions cap disincentives collaboration and sharing of technology and ideas needed to decarbonize.

“The emissions cap would also impact the valuation of the Trans Mountain Pipeline, as buyers of the asset need assurances the volumes will be produced to fill the pipe. Any risk that it will not be full will be reflected in the purchase price when the government goes to the market to sell the asset – ultimately creating severe consequences for taxpayers across the country.

“Moreover, regulating emissions under the Canadian Environmental Protection Act (CEPA) adds layers of complexity that could stall progress on efficiently achieving Canada’s climate goals while placing Canadian firms at a competitive disadvantage. The decrease in emissions represented by the cap will have no impact in the context of global emissions but will have a profound impact on Canada’s economy at a time when we are struggling to increase growth and productivity.

“We ask for the withdrawal of the emissions cap, acknowledging the economic consequences and operational realities of Canada’s resource sector. We emphasize the need for solutions that allow for flexibility, innovation and investment in emerging technologies to curb emissions, and align with industry-led pathways to decarbonization. Lastly, we call on the federal government to facilitate emissions reductions through partnerships, programs and regulatory certainty, all of which will be critical to achieve the federal government’s emissions reduction goals."
 
The Canadian Association of Energy Contractors (CAOEC) rejects the federal government’s proposed emissions cap on Canadian oil and gas production.

At a time when Canadian families are struggling with high energy and food prices, the Trudeau Liberals’ new emissions cap will make everything just a little bit more unaffordable. The Canadian economy is struggling, paychecks are shrinking, and business competitiveness continues to be challenged.

The Trudeau government does not care about Canadian blue-collar, middle-class energy workers who rely on the industry to support their families. It does not care about small, medium, and Indigenous energy service businesses that operate in rural and remote communities across Western Canada. And it certainly does not care about supporting our allies who are desperate for oil and gas from sources other than regimes such as Russia or Iran.

CAOEC applauds the positions taken by the Governments of Alberta and Saskatchewan. We look forward to working with them to oppose the federal government’s recent policies and encourage the provinces to utilize all available tools to constitutionally block implementation.

Our Association would like to underscore the pivotal role the energy services sector plays in the development of affordable and reliable energy products. Unfortunately, we are unable to share our record due to the Liberals’ restrictive anti-speech amendments to the Competition Act (Bill C-59).
 
Deborah Yedlin has been a mouthpiece for the industry for decades. CAPP wants the federal government to invest billions of dollars in a useless carbon capture project. Emissions in the industry have been growing about as fast as they are being reduced in other parts of the economy. They are all whiners when required to be adults and do their share in addressing society issues. Most of their profits leave the country. Their wastes and damages to society stay here. They spent tens of millions of dollars on biased research to confuse the climate change issue. They are bad boys who deserve no sympathy or trust.
 
I lived most of my life in Alberta and lived in several communities with significant presence of the industry. I grew up less than two miles from the Imperial Oil refinery in Calgary.
 
Real people are flawed and inefficient if not outright corrupt with the concept of avarice!

Perfection is a state of psyche/psycho ... it is all a la tete ... in your head and alas the authorities would sooner you loose that ... so it goes!

Imagine the only way out is to become a thought ... these are nothing to authority!

Some in the field of neuropsychology project that there are 2 different fields of nothing (unconscious) ... one high the other deep and hidden (sacred). It is a scary place for folk believing only of reality ... thus prodigal as well disposed. They generally busy themselves with destroying what they fail to appreciate as their obscure support system ... obliterated? Trump's new chief of staff declared she wants more authority than those in thee past ... you can see a conflict brewing! It is human the flaw of conflict is overwhelming and peace is beyond those without grip of the unconscious! Tough digging they tell me ... I wouldn't know as many around say I am to be ignored ... even though I am somewhat cynical about the consequence of such disposal ... as Jesus said (Inhuman) "father they know not ..."

The initially they desired not to know and thus considerable feedback on our desires that are basically irrational and eliminated in nature ... the unnatural consequence of psyche? This is unexpected and unappreciated in realty ... one has to drift off a bit ... then we can look back! It may appear as a night mare or other black horse ...

Everybody desires to be an authority without learning the chords, ropes and other attachments ... thus dissociation factors!
 
Remember the greater picture is related to a social concept and those with authority despise such onus ...

The old sage about greater concerns is just a useless worry to the autonomous mind (stans-alone). Some stand alone on the other side because of all those that have chosen that position that is obviously in opposition to the other ... that old I-them conflict that remains the destroyer in reality ...

Where do we go when eliminated? There's a mind full of mystery and mystical processes ... then authorities do say the psyche is an alien ... even foreign intelligence! Matter they don't know ... often vaporous or of essence ... Ephraim? Framed in an out-of-here node ... beyond the bulk! Fuzzy Erstwhile of just hairy logic ... to the last hare ...
 
Yeah, I saw that. Being from Ontario, I only saw his career from a distance but he seemed like good premier as politicians today go.

Our beloved (cough, choke, splutter) Premier Ford has waded into the international trade arena. He really does not belong there given that's federal responsibility but I see what his concern is. If Trump goes after USMCA when it come up for review in 2026, then maybe a return to the old bilateral FTA is a possible way for Canada to get out of that situation. And Ontario could be burned badly by any attempt to tariff Canadian imports, given a lot of our car and car parts plants supply North America, not just Canada (e.g. Honda in Alliston make Civics that are shipped to the US as well as locally).

 
John Horgan worked in a blue collar job then went back to university. He struck me as a real person (as opposed to merely a politician) who understood real people concerns. He stepped back during the pandemic and deferred to Dr Henry. At the same time, he'd sometimes be there to show he was still in charge. I liked him. Eby had big shoes to fill and doesn't have the leadership qualities that Horgan had.
 
Yeah, I saw that. Being from Ontario, I only saw his career from a distance but he seemed like good premier as politicians today go.

Our beloved (cough, choke, splutter) Premier Ford has waded into the international trade arena. He really does not belong there given that's federal responsibility but I see what his concern is. If Trump goes after USMCA when it come up for review in 2026, then maybe a return to the old bilateral FTA is a possible way for Canada to get out of that situation. And Ontario could be burned badly by any attempt to tariff Canadian imports, given a lot of our car and car parts plants supply North America, not just Canada (e.g. Honda in Alliston make Civics that are shipped to the US as well as locally).


Another one of those 4 Ced horses ...

Can political hacks really stand in a common Job ... vocation, avocation or anything resembling onus? Thus the domain of Thom and doubt ... Thom sometimes appears as DOM and forms cover for an empty domain ... place for leaders of vacant criteria ... deficit of critical matter?

Being excitable is there room, space, a state for knowledge? Improbable ...
 
We don't get much Canadian news here in Korea. Can anyone tell me why Canadian taxpayers paid for Trudeau's daughter EG to go on vacation in Rio?
 
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