The Fossil Fuel Wagers of 2023
Watching the fossil fuel wagers of 2023 is enough to make you shake your head in frustration. With calamitous flood and wildfire seasons just behind us, one would hope for some sober, realistic restraint on […]
Pathways to Phase-out
What the World Petroleum Congress 2023 Tells Us About the Oil and Gas Industry
The World Petroleum Congress 2023 took place in Calgary last month. Delegates talked up industry plans for the energy transition. I was outside with the rabble protesting the Congress, so I can’t report directly on […]
European Union to Push for Fossil Fuel Phase-out at COP28
The European Union will push for a global agreement to phase out fossil fuels when COP28 convenes in the United Arab Emirates on November 30. Petroleum producers such as Canada and Alberta should pay close […]
Alberta, Our Choices Matter
Few people wake up each day looking forward to a life of insignificance. On the contrary: we human beings are schemers and dreamers, and we go through life thinking constantly about our choices. Some things […]
There Will Be a Lot Less Crude Oil in Canada’s Energy Future
Crude oil will play a declining role in Alberta’s economy and emissions profile — that’s a key message in the Canada’s Energy Future 2023 report released by the Canada Energy Regulator. In my last post, […]
Canada’s Energy Future 2023 Is a Wake-up Call for Alberta
The Canada Energy Regulator issued its latest Canada’s Energy Future report on June 20, and the document contains important news for Alberta. Our oil and gas production is set to drop sharply in the next […]
How Strong Are the Net Zero Transition Plans of Alberta’s Oil and Gas Companies?
with an assist from Andy Kubrin When it comes to net-zero transition plans, the ones that count the most are those of the largest emitters — the six major oil and gas firms that dominate […]
The Carbon Budget for 1.5 Degrees
The carbon budget for 1.5℃ is a key concept in climate science and policy. But what is the carbon budget anyway? The best way to understand this concept is to think about a bathtub. That’s […]
Pathways to Phase-out
We’re living through a pivotal moment — the end of the fossil fuel era. All around the world, private citizens, businesses and nations are taking steps to reduce their use of fossil fuels in order […]
Financial Risks in the Oil and Gas Industry
Financial risks in the oil and gas industry are growing due to rapidly changing political, social, environmental, and economic factors. In the summer of 2008, oil was trading at $140 per barrel. It went into […]