Here are today’s top stories about the oil and gas industry, and how Canadian hydrocarbons make Canada and the world better!
News Headline: Alberta opens public submissions for environmentalist foreign funding inquiry
The Facts: Millions have been spent on anti-Canadian hydrocarbon campaigns
- U.S. foundations have been pouring money into anti-Canadian hydrocarbon organizations to stop production in our oil and gas sector.
- Even with the meticulous debunking of the foreign funds flowing into Canada by researchers like Vivian Krause, they still continue to fund anti-Canadian hydrocarbon campaigners.
News Headline: The media is fuelling Finance Minister Morneau’s state of denial
The Facts: The current government’s policies have harmed Canada’s competitiveness
- Studies have shown that once Canada’s carbon tax hits $50 a ton, the effect will fall disproportionately on capital intensive sectors, causing them to shift production elsewhere.
- When production of resources like Canadian hydrocarbons shifts to different countries, global emissions increase, which override domestic emissions reductions.