Trudeau Makes Good on Ethical Energy to Germany
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A country does have the ability to make itself more or less accommodating to investment. That’s a choice.
That is true. Think of it as digging trenches and piling sandbags to save yourself and your home from a flood.
Good luck.
In Canada‘s case though it seems like Paying someone else to dig trenches and piling sandbags behind your parked car so you can’t get to work or get your mail delivered…. then wondering why you’re still getting bills and not getting a paycheque.
"Democracy doesn't guarantee good government. It guarantees representative government."
--Robert A. Heinlein.
"Kinda. On a good day."
--Me
I'll refer to this post when we start having black/brown outs b'cuz the so called "renewables" will not be sufficient. Of course if Trudeau gets his way, we'll be like N. Korea
To a degree but what we're discussing specifically is the business case. And there's no better group to examine the viability of the business case than business
If business looks at it and says 'yeah, we'd be interested but here's what we'd need in the way of assurances and assistance to make it happen, but at that point it would be viable", then the gov't can take a look and see if it makes sense to get involved. But they shouldn't be the ones saying there's no business case at this point. Let business figure that out.
Only if Trudeau allows it & he likely won't which is why we need to get rid of him!
Alberta is already included in the plans a lot of wells between Edson and Fox valley are being connected
A part of the reason Energy East got "shelved" is because of the LNG project the same line that was to be converted to Oil is now contracted to the LNG project there only needs to be 20 or so miles of new construction to connect to the chillerI was doing my usual melancholy read through the news of the day when I was startled out of the torpor it inevitably brings.
An online story from one of our broadcasters contained an incredible sentence. For — the sentence made sense. Hence, it was incredible.
Here it is: “One economist suggested Europe should drop its focus on climate change and instead prioritize keeping their countries warm and their lights on in the coming months.”
What! Drop the focus on climate change! Europe! Green Germany! This lone economist must be a new Luther at the doors of the Wittenberg Cathedral.
I remain in shock. Europe should drop its focus on climate change? What? And a Canadian news source is repeating this heresy?
Are butterflies transitioning back to caterpillars? Is yoga now a health risk? Is Heritage Canada funding “actual” anti-racists?
What else can explain this singular, unique dip into the blindingly obvious? Are there no “vetters” at Global News, for such was the source.
The second half of the sentence was even more provocative — that throwaway about Europe prioritizing “keeping their countries warm and their lights on in the coming (winter) months.” What’s this? States and nations are being advised that the warmth and comfort of their citizens in winter 2022 should take precedence over the neurotic spectre of global warming in 2100?
Rex Murphy: Yes, Trudeau, there is a case for exporting LNG to Europe — National Post
Our PM has less authority on the merits of a business case than I have on the workings of the Hadron supercolliderapple.news
Well, glue me to a Rembrandt! Tie me to the top of the CN Tower with organic rope. How thought has changed; a little reality leads to a great change of mind, at least to some. The trickle of common sense is not confined to Europe. It has been noted close to home.
A recent piece by Tristin Hopper in the National Post began with a masterfully crafted first paragraph carrying the same burden of the obvious: “It could well represent one of the biggest missed opportunities in Canadian history: An embattled Europe is clamouring for natural gas, and one of the world’s biggest producers (that would be us, Canada) of the stuff can’t sell it to them.”
The piece quoted the Chancellor of Germany, Olaf Scholz, on a state visit to Canada (he wore, it is helpful to note, traditional German dress — no beaver hat or lumberjack insignia to “fit” in) as saying, “Canada is our partner of choice” in transitioning away from Russian energy. “We hope that Canadian LNG will play a major role in this.”
Got that? His country really needs liquified natural gas, really needs our natural gas. Now this is a big thing.
The head of a huge European country, under the unforgiving thumb of Vladimir Putin, comes to Canada, and asks, “Canada, can you help? You have so much of the stuff that we need so badly. You can short-circuit that awful Putin’s hold over us if you help us.”
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Nor was this his first overture to Canada. As a recent op-ed from Heather Exner-Pirot of the Macdonald-Laurier Institute made clear: “Scholz approached (Prime Minister Justin) Trudeau about LNG back in March … German officials planned this trip hoping that a deal could be announced by now. But those hopes were dashed as Germans came to understand what the oil and gas industry in Canada already knew: it is next to impossible to get pipelines and export terminals built in this country, and the federal government will suffocate any companies foolish enough to try with regulatory hurdles and delays.”
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And what did Trudeau tell Scholz during the chancellor’s recent visit? That there’s “never been a strong business case” for liquified natural gas exports from Canada’s East Coast to Europe.
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Two things: A) Justin Trudeau has less authority on the merits of a business case than I have on the workings of the Hadron supercollider or the esoteric mystic permutations of the Kabbalah. B) The current state of all Western Europe is the most massive “business case” for LNG there ever could be. When the chancellor of Germany asks for LNG, that is a “business case.”
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Further, other nations have solicited Canada’s help on the energy crisis.
Recall that cruel maxim from Gospel writer Matthew, which I paraphrase: they ask for bread, and you give them a stone.
Here, 2,000 years later in Canada, it takes a turn: They ask for natural gas, which we have, and you promise them hydrogen, which we do not. We landlock what providence has given us while a tyrant threatens a continent, and offer fantasy relief 10 years down the road. I wonder what the chancellor really thinks about his trip to ally Canada?
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Tristin Hopper’s piece had all the detail. Consider how much our failing health-care system, our national debt, all our social service systems could and should be reinforced by an un-ideological, perfectly common sense support of our natural resources, and the flow of revenues such support would bring.
But no — the startling quote from that one economist at the beginning is, despite how welcome it was, nothing but false, fugitive, forlorn hope. Give up “global warming” for guaranteed “heat and light?” How unprogressive. It will never happen.
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Let us be cold and in the dark, let Europe remain on Putin’s cat’s paw — it is good for the planet.
Glue me to another Rembrandt. (I’d go for the ceiling of the Sistine Chapel but I’m afraid of heights and allergic, therefore, to high art.)
Yeah. I haven't followed it recently but they were talking about it from the design phase. It could wind up being worth more to alberta than it is to bc. The amount of NG in alberta is pretty huge. And seeing as it can be converted to hydrogen using new tech with almost zero emissions, that sets us up for feeding the hydrogen economy in the future if that ever does get off the ground.
McKenzie Delta may have a play in this as well depending on demand
FSJ and BC Peace River has long been a biggie for BC itself.
Canadian oil sands producers are poised to pay an increasing share of their revenue to the government in coming years as surging oil prices allow them to pay off the costs of multibillion dollar projects earlier than planned.
Five oil sands projects reached so-called “post-payout” royalty status last year and two more are expected to do so each year from 2022 to 2025, the Alberta government said in a budget update Wednesday. Oil sands royalties are forecast to reach $20.1 billion (US$15.3 billion) in the current fiscal year, up 73 per cent from the previous fiscal year and $9.7 billion higher than originally budgeted. The windfall from hydrocarbons will contribute to a $13.2 billion budget surplus for the province
Five oil sands projects reached so-called “post-payout” royalty status last year and two more are expected to do so each year from 2022 to 2025, the Alberta government said in a budget update Wednesday. Oil sands royalties are forecast to reach $20.1 billion (US$15.3 billion) in the current fiscal year, up 73 per cent from the previous fiscal year and $9.7 billion higher than originally budgeted. The windfall from hydrocarbons will contribute to a $13.2 billion budget surplus for the province
Russia switches off Europe’s main gas pipeline until sanctions are lifted
Gazprom had previously said it was halting flows through Nord Stream 1 because of a technical fault?Russia’s gas supplies to Europe via the Nord Stream 1 pipeline will not resume in full until the “collective west” lifts sanctions against Moscow over its invasion of Ukraine, the Kremlin has said.’
Dmitry Peskov, President Vladimir Putin’s spokesman, blamed EU, UK and Canadian sanctions for Russia’s failure to deliver gas through the key pipeline, which pumps gas to Germany from St Petersburg via the Baltic Sea. Although Moscow continues to claim technical faults have caused the cuts in gas supplies, Peskov’s comments were the starkest demand yet by the Kremlin that it wants the EU to roll back its sanctions in exchange for Russia resuming full gas deliveries to the continent.
European leaders have said Russia’s technical issues are a ruse and have accused Moscow of “weaponising” its energy exports to retaliate against the western sanctions. “The problems pumping gas came about because of the sanctions western countries introduced against our country and several companies,” Peskov was quoted as saying by the Interfax news agency. “There are no other reasons that could have caused this pumping problem.”
Gazprom, Russia’s state-run gas monopoly, said late on Friday it would halt gas supplies through Nord Stream 1 because of a technical fault, which it blamed on difficulties repairing German-made turbines in Canada.
The announcement came just hours after G7 nations announced efforts to introduce a price cap on Russian oil exports.
Russia switches off Europe’s main gas pipeline until sanctions are lifted
Gazprom had previously said it was halting flows through Nord Stream 1 because of a technical fault
Euro hits 20-year low against dollar as Russia cuts off gas to Germany
The euro sunk below $0.99 on Monday, a 20-year-low, following the announcement last week that Russia would cut off gas deliveries to Germany via the Nord Stream pipeline.
www.france24.com
Russia cuts off gas exports to Europe via Nord Stream indefinitely
Russia won't immediately resume exports of natural gas to Europe through its Nord Stream 1 pipeline, worsening a shortage that threatens to tip the continent into an energy crisis this winter.
www.cnn.com
Nord Stream 1: How Russia is cutting gas supplies to Europe
Russia has reduced the amount of gas it supplies to Europe through the key Nord Stream 1 pipeline.
www.bbc.com
When Russia announced its intention to restrict supply in July, within a day it had pushed up the wholesale price of gas in Europe by 10%.
Although the UK imports very little gas from Russia, gas prices are set globally and are now approximately 450% higher than they were this time last year.
Canada did not ‘miss’ its LNG window—it was nailed shut: op-ed
Despite the demand, Canada has only one operational LNG terminal.
EDITORIAL: Trudeau's LNG stumble isn't helping Europe
Canada's lack of ability to get our oil and gas products to other markets has long been an incredibly frustrating situation for the nation.
Don't Count on Canada says Trudeau: Germany’s Scholz Leaves Canada With No Promises for LNG - Canadian Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow
August 25, 2022 German Chancellor Olaf Scholz visited Canada this week, hoping a democratic G7 ally would one day ship his country liquefied natural gas to replace Russian gas imports, but the response he got from the world’s fifth-largest producer was not to count on it. Environmental and...
energynow.ca
In response, Prime Minister Trudeau took the German chancellor to (wait for it) Nova Scotia to ink a deal for Germany to possibly buy “green hydrogen,” which has virtually no promise of relieving any problems in a near-term because “green hydrogen” is in a nascent phase of development and remains many decades away from having much of an impact on energy markets anywhere. It was a very polite “no” to the chancellor with regard to the prospects of getting Canadian liquefied natural gas (LNG) out of Canada.
OTTAWA, Aug 25 (Reuters) - German Chancellor Olaf Scholz visited Canada this week, hoping a democratic G7 ally would one day ship his country liquefied natural gas to replace Russian gas imports, but the response he got from the world's fifth-largest producer was not to count on it.
Why the hell aren't hundreds of nuclear reactors being built in Europe and Nor Am?
Well two reasons. The first is that nuclear power IS expensive. It's about 4 times the cost historically of other forms of generating power. Now - that price has plumeted with the new designs which are massively more efficient and an order of magnitude more safe. But it's still a lot more than coal or natural gas or oil. So that IS a factor - everyone's an evironmentalist till they have to pay for it.
But second - along the way the 'environmental types' decided nuclear=bad and they lobby hard against it. They refuse to allow them to be even considered ESPECIALLY in europe where they're not only not building more, they're shutting down the ones they have. The same people who demand we take them seriously about climate change being the end of the world are actively working against a power source that would end the consumption of petro chemicals safely and cleanly.
In the long run its the cheapest, cleanest and most efficient. We are 50 years behind where we should be with nuclear. Its insanity to think that the 3X more electricity needed for Net Zero is going to come from renewable sources. Its still not even close to replacing energy generation from hydrocarbons lets alone tripling output.
5G alone will take several hundred gigawatts to implement.