Close X
Wednesday, November 27, 2024
ADVT 
National

Energy sector seeks reassurance in throne speech

Darpan News Desk The Canadian Press, 11 Sep, 2020 06:55 PM
  • Energy sector seeks reassurance in throne speech

Canada's fossil-fuel sector is looking to this month's throne speech for signs the federal government is not throwing in the towel on oil and gas.

At the same time Canadian climate strikers are threatening mass protests if the same speech doesn't show a plan to eliminate all greenhouse-gas emissions produced by human activities in less than a decade.

Tim McMillan, president of the Canadian Association of Petroleum Producers, says Prime Minister Justin Trudeau can use the throne speech Sept. 23 to send a signal to international investors that Canada's oil and gas industry is a solid opportunity for investment.

He says the planned clean-fuel standard meant to force oil and gas companies to emit less greenhouse gas is out of whack with Canada's main competitors for that investment and if the new standard isn't postponed, many companies will simply not be able to comply.

Earlier this year Ottawa scaled back the requirements of the standard over the first few years to give companies more time to recover from the economic crisis caused by COVID-19, but McMillan says that is not enough.

Trudeau is also, however, facing pressure from thousands of Canadian youth in the Climate Strike Canada movement who say the throne speech is Trudeau's "last chance" to convince them he really is a climate-change leader.

MORE National ARTICLES

COVID forces Yukon Quest dog-sled race to cancel

COVID forces Yukon Quest dog-sled race to cancel
The race normally runs between Fairbanks, Alaska, and Whitehorse in February, travelling through 10 different communities.

COVID forces Yukon Quest dog-sled race to cancel

Fall brings new COVID-19 worries: Tam

Fall brings new COVID-19 worries: Tam
With the final long weekend of the summer season upon us, Dr. Theresa Tam said Canadians need to consider their own risk factors and the details of plans for any in-person gatherings with friends and family.

Fall brings new COVID-19 worries: Tam

Canadian Bar Association names first Indigenous head

Canadian Bar Association names first Indigenous head
Regehr is taking on the job at a time when people across North America are calling out racial injustice through movements such as Indigenous Lives Matter and Black Lives Matter.

Canadian Bar Association names first Indigenous head

Champagne rejects Russian poisoning denial

Champagne rejects Russian poisoning denial
Canada is working with Germany and G7 partners on a co-ordinated response to Russia's attack on a leading political opposition figure.

Champagne rejects Russian poisoning denial

WATCH: TRUMP Asks IRAN to STOP Muslim Wrestler NAVID AFKARI's Execution | Canucks move onto Game 7

WATCH: TRUMP Asks IRAN to STOP Muslim Wrestler NAVID AFKARI's Execution | Canucks move onto Game 7
US President Donald Trump urges Iran to not execute champion wrestler Navid afkari via Twitter. Canucks have a shot at winning Game 7 tonight after they thumped the Golden Knights Thursday night.

WATCH: TRUMP Asks IRAN to STOP Muslim Wrestler NAVID AFKARI's Execution | Canucks move onto Game 7

Canada far off track for methane cuts

Canada far off track for methane cuts
Jan Gorski, a senior analyst at the Pembina Institute, says the data shows they won't even get to 40 per cent by 2029.

Canada far off track for methane cuts