Category: Energy

BC LNG tax drops to 3.5 per cent, but competitive, fair, says Finance Minister

| October 21, 2014 | 0 Comments
BC LNG tax drops to 3.5 per cent, but competitive, fair, says Finance Minister

BC LNG tax cut to half of proposed seven per cent The British Columbia government has climbed down from its proposed goal of a seven per cent income tax on the province’s liquefied natural gas industry, and instead cut the rate in half to 3.5 per cent for the next two decades. Finance Minister Mike De Jong said […]

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BC LNG emissions law greenest, cleanest in the world: environment minister

| October 21, 2014 | 0 Comments
BC LNG emissions law greenest, cleanest in the world: environment minister

BC LNG tax plan to be introduced Tuesday New legislation introduced in British Columbia requires liquefied natural gas plants to meet emission standards or face penalties and makes the industry the cleanest in the world, says Environment Minister Mary Polak. Polak tabled the Greenhouse Gas Industrial Reporting and Control Act on Monday, saying it will set the province’s […]

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NB premier pledges support for Energy East pipeline

| October 21, 2014 | 0 Comments
NB premier pledges support for Energy East pipeline

Premier Brian Gallant calls Energy East pipeline an ‘extraordinary opportunity’ for Alberta and New Brunswick New Brunswick’s new premier said Monday he’s looking to assure Alberta’s oilpatch that even though the government has changed, its support for the Energy East pipeline has not. Brian Gallant is visiting Calgary this week in his first official visit since being […]

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Natural gas no bridge to low-carbon future – study

| October 20, 2014 | 0 Comments
Natural gas no bridge to low-carbon future – study

Methane released during natural gas production worse for climate change, say experts Cheap and plentiful natural gas isn’t quite a bridge to a brighter energy future as claimed and won’t slow global warming, a new study projects. Abundant natural gas in the United States has been displacing coal, which produces more of the chief global […]

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BC LNG green law expected, followed by tax legislation

| October 20, 2014 | 0 Comments
BC LNG green law expected, followed by tax legislation

More than a dozen BC LNG export plants proposed Environment Minister Mary Polak is set to introduce environmental rules governing the development of liquefied natural gas in British Columbia. The Liberal government has consistently promised to develop the cleanest LNG in the world despite concerns from environmental groups about increased greenhouse gas emissions associated with extracting and burning […]

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German renewable energy subsidies dropping to 6.17 euro cents

| October 20, 2014 | 0 Comments
German renewable energy subsidies dropping to 6.17 euro cents

German renewable energy heavily subsidized by consumers The cost to subsidize German renewable energy is set to decline next year for the first time, though the impact on their electricity bills will be only slight. Chancellor Angela Merkel’s government has made a priority of stemming the costs of Germany’s transition to renewable energy and improving […]

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Canadian oil companies cautious after recent price drop

| October 19, 2014 | 0 Comments
Canadian oil companies cautious after recent price drop

Canadian oil companies pay attention to long-term supply-demand trends in oil prices The recent rout in oil prices will likely be top of mind for investors as Canadian oil companies release their third-quarter results over the next few weeks. The steep drop in the key U.S. benchmark crude - to about US$80 a barrel from around US$95 […]

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Dr. Steven Bryant new Canada Excellence Research Chair at U of C

| October 16, 2014 | 0 Comments
Dr. Steven Bryant new Canada Excellence Research Chair at U of C

World-leading nanotechnology expert Dr. Steven Bryant hired away from University of Texas in Austin Nanotechnology similar to that used to kill tumours in cancer patients could be adapted to improve in situ oil recovery in Alberta’s oilsands, says an international researcher. Steven Bryant, a world-leading nanotechnology expert from the University of Texas in Austin, was introduced […]

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BC water dispute: Green groups lose bid to turn off hydraulic fracturing taps

| October 16, 2014 | 0 Comments
BC water dispute: Green groups lose bid to turn off hydraulic fracturing taps

BC water dispute between two environmental groups and EnCana A judge will not stop the flow of fresh water from British Columbia’s lakes and rivers to hydraulic fracking operations, but did recognize the issue as a growing public concern. The Western Canada Wilderness Committee and the Sierra Club filed a petition against the B.C. Oil […]

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SaskPower carbon capture project – energy saviour or pig in a poke?

| October 16, 2014 | 0 Comments
SaskPower carbon capture project – energy saviour or pig in a poke?

SaskPower carbon capture project at coal-fired power plant near Estevan By Dale Eisler for Troy Media If you happened to be in Saskatchewan mid-morning on October 2, you might have noticed a giant sucking sound coming from about 250 people, including Saskatchewan Premier Brad Wall, Federal Natural Resources Minister Greg Rickford, senior management with the […]

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