And now Canada's Carney Easing Green Energy Requirements

1,863 Views | 13 Replies | Last: 1 mo ago by aggie_sprt
YouBet
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AG
https://www.wsj.com/world/americas/canadas-carney-loses-cabinet-minister-over-easing-of-climate-change-rules-3d6791bf?st=a2FXFs&reflink=article_copyURL_share

The deal with Alberta:

Quote:

In the pact, Canada agreed to suspend some environmental rules for Albertalike the cap on emissions from oil-and-gas producers and clean-electricity regulationsshould the province fulfill commitments such as adopting a tougher industrial carbon-pricing system. At the core of the deal, he said, is a new crude pipeline to reach a West Coast port, for tankers destined for Asian markets. The Canada-Alberta pact indicates Ottawa is willing to relax a ban on oil-tanker traffic off the country's northern Pacific Coast to make the pipeline happen.


Loses his watermelon "Culture Minister" over the deal.

Quote:

Steven Guilbeault, who served as Canada's culture minister under Carney and as the environment minister under former Prime Minister Justin Trudeau, said he submitted a resignation letter "with great sadness" following the government's deal with Alberta. In a statement, Guilbeault said Carney was dismantling climate-change policies he helped implement under Trudeau, such as a cap on carbon emissions from oil-and-gas producers, clean-electricity regulations and a zero-emissions vehicle standard.


Trump's combativeness basically led to Canada to face reality and admit the myth that is green energy. Canada should be thankful for Trump forcing them to be more self-sufficient as a country.

Quote:

Before entering politics this year, Carney had been a leading voice, as a former central banker and business executive, urging the business world to fight against climate change. His shift, and his bid to revive investment in the energy sector, has drawn criticism from environmental groups.

His government's economic and fiscal policy is now geared toward attracting private-sector investment to develop resources, from energy to critical minerals, and to build infrastructure and new trade corridorsall in an effort to reduce the country's dependence on U.S.-bound exports to fuel growth.


Maroon Dawn
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AG
Alberta was dead serious about leaving the Federation and was moving forward with the official referendum

To me this is Ottawa recognizing they had to cave on Albertas demands or they were risking losing them to the US

The question now is: is this enough to placate Alberta or will they keep moving forward
YouBet
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AG
Maroon Dawn said:

Alberta was dead serious about leaving the Federation and was moving forward with the official referendum

To me this is Ottawa recognizing they had to cave on Albertas demands or they were risking losing them to the US


I certainly think this was in play as well. Alberta's holds the cards and they played them.
Over_ed
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AG
I guess they finally realized environmental whackos generate neither economic growth nor tax dollars. Canada is in dire need of both.

ETA - Canada's deficit growing much faster than US, albeit from a lower pct of GDP and GDP growth has fallen to about 1/3 of US GDP growth and falling quickly to no growth. Projected at 1.1% (or lower) for 2025.
titan
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S
Over_ed said:

I guess they finally realized environmental whackos generate neither economic growth nor tax dollars. Canada is in dire need of both.

Same is true of them here. One of the best things about the AI rise is its (starting with Gates) banishing of the regression of energy sources agenda of the Left from the climate nonsense. (Nonsense in that it was only being used to social engineer and grift, not propose actual mediating approaches).
halfastros81
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AG
This will clearly accelerate the demise of earth as we know it. Instead of the impending disaster being in 2020 it will now be 2018.
jja79
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AG
Maroon Dawn said:

Alberta was dead serious about leaving the Federation and was moving forward with the official referendum

To me this is Ottawa recognizing they had to cave on Albertas demands or they were risking losing them to the US

The question now is: is this enough to placate Alberta or will they keep moving forward


Let's trade Minnesota for Alberta.
Sid Farkas
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AG
It's happening all over the Western world. The Davos crowd is beginning to realize we don't want what they're forcing down our throats.
titan
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S
Sid Farkas said:

It's happening all over the Western world. The Davos crowd is beginning to realize we don't want what they're forcing down our throats.

Yes. The lot of them just need to move en-masse to New Zealand (already of like mind) and make some plutocrat paradise for themselves like `Elysium' on Earth and leave everyone alone from their social engineering.
agneck
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Invite Alberta to join USA. Or should we join Alberta?
B-1 83
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AG
Has Trump rescinded the Biden order for the entire federal fleet to be electric?
Being in TexAgs jail changes a man……..no, not really
Demosthenes81
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AG
B-1 83 said:

Has Trump rescinded the Biden order for the entire federal fleet to be electric?


Yes https://www.npr.org/2025/03/12/nx-s1-5310006/trump-government-electric-vehicles-gsa-ev
ts5641
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They'll never be thankful but it gives them an excuse now.
aggie_sprt
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As much as this appears to be a political win for Alberta's premier and another admission that being green does not pay the bills, they left out BC and first nations in the negotiations essentially, both of whom are not in favor of the pipeline and there is no private backer as of yet. Don't think the credit markets are going to be super keen to finance given what happened with both Trans Mountain and CGL.

In short this is not a shovel ready project and from my cheap seats in the pipeline industry, this is getting a collective yawn at the moment and I would be surprised if anything happens for at least 3 years.

So for Carney this was likely a low risk deal and may have even worked to his advantage as an excuse to "force out" a troublesome minister and shoring up more broad base support.

For Alberta's premier, this helps her party move on somewhat from the province wide teacher strike.

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