Here are today’s top stories about the oil and gas industry, and how Canadian hydrocarbons make Canada and the world better!
Media Review
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.
https://business.financialpost.com/opinion/canadians-are-realizing-foreign-groups-sabotaged-our-energy-economy-for-no-good-reason - 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.
https://calgaryherald.com/opinion/columnists/corbella-2-million-prize-to-tzeporah-berman-should-have-stirred-up-a-tidal-wave-of-controversy
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.
https://www.fraserinstitute.org/sites/default/files/impact-of-the-federal-carbon-tax-on-competitiveness.pdf - When production of resources like Canadian hydrocarbons shifts to different countries, global emissions increase, which override domestic emissions reductions.
https://www.naviusresearch.com/publications/reversing-carbon-leakage/