Overall, the trans-mountain pipeline expansion is a win-win-win for everyone, from industry, to Canadians and Canada’s allies. The world is asking for Canadian oil and gas. It’s time to go full speed ahead!
These examples of corporate donations, investments, and support for initiatives such as education, healthcare, environmental conservation, and community development, underscore the vital role played by the energy sector in contributing to and strengthening the social fabric of Canadian communities.
What comes to mind when you think of “big oil”? Do you think of your friends? Your family? Do you think of your fellow Canadians?
Although it was introduced only a few weeks ago, Bill C-372 has already sparked intense debate – on both sides of the issue – from various industry players and advocacy organizations. Let’s take a look at who the key players are, what the bill actually says, how it has been received, and what happens next.
They are not just statistics; they are individuals with dreams, aspirations, and families to support. The oil and gas sector has been a cornerstone of Canada’s economy, offering stability and prosperity to countless households across the nation.
The current emissions cap framework plans to implement a national cap and trade system that would establish a legal upper bound for GHG emissions from LNG facilities and upstream oil and gas facilities, including offshore facilities.
In early December, the Federal government tabled its emissions cap framework. The framework proposes to cap emissions at 35 to 38 per cent below 2019 levels by 2030. This decision has provoked strong reactions from many influential actors in the energy sector, governments across the country, and Indigenous Leaders. Many of these actors insist the cap is simply a production cap on Canadian oil and gas producers.
The announcement of a new federal emissions cap framework has sent shockwaves across the country, creating strong reactions from provinces, resource groups, and various others affected by the policy. As a young Canadian, I feel responsible to lend my voice to this issue.
Young Canadians for Resources (YCR) is taking a proactive stance in the national conversation on emissions cap policies. While advocating for a reduction in oil and gas emissions, young Canadians express skepticism about the efficacy of additional legislation and a further cap on Canadian production.
In the hustle of our daily lives as students and young professionals, we often take for granted the availability of food on our tables. Yet, what often goes unnoticed is what lies behind this fundamental aspect of our lives. While it is undoubtedly crucial to be thankful for the hardworking farmers who cultivate the fruits of the land, it's equally important to acknowledge another indispensable sector that contributes to our domestic food security and availability – the Canadian energy sector.
