Canadian natural gas, sold to markets in India and Asia, could displace some of their need to generate power with coal.
oil and gas
Tax changes struck a major blow to the province’s business climate.
Planned tax will not significantly offset predicted future global warming.
Alberta's provincial government has dramatically increased personal and corporate income taxes.
The Alberta government plans to cap greenhouse gas (GHG) emissions in the province at 100 megatonnes (Mt) annually.
Alberta’s first-quarter fiscal update now expects the province’s operating deficit this year will be $10.9 billion.
Sustained program spending growth by successive governments is the primary reason for the big deficits.
Moving oil by rail is 4.5 times more likely to result in an incident or accident than moving that same oil by pipeline.
If producers reduce the emissions intensity of oilsands production by a modest amount, production losses may total two billion barrels of oil between 2027 and 2040.
The historical record suggests that sharp declines in oil prices are followed by substantial price recovery.