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...Write in with your views: derek.brower@ft.com....
...On Tuesday, Trudeau’s federal government unveiled a new budget that included C$18bn ($13bn) worth of tax breaks for green electricity and other cleantech — on top of billions more committed in recent years...
...On today’s episode, US Managing Editor Peter Spiegel talks with Derek Brower about energy policy....
...The Canadian Association of Petroleum Producers, which represents the upstream oil and gas sector, yesterday said the country’s industry will spend C$40bn ($29bn) this year....
...Rystad Energy forecasts that even if the US is to keep warming to 1.6°C by mid-century (its ideal scenario), oil demand will still amount to 14.5mn barrels a day in 10 years and 2.6mn barrels a day by 2050...
...For many, Aftersun struck the same deep but undefended spot as the moment in The Railway Children (1970) when Jenny Agutter’s Bobbie, seeing her long-missing father approaching from a distance, calls out...
...An escalating carbon tax is already in place, priced at C$50 per tonne now and due to rise to C$170 by 2030....
...But at an eye-watering C$75bn ($50bn) price tag for the project, the companies also want Alberta’s provincial government to help....
...Last year the weed killer, often known by the brand name Roundup, was selling for just over C$6 a litre....
...(Derek Brower) Data Drill The White House is considering a rare emergency release from government-held stocks of diesel as inventories along the US east coast plunge and pump prices surge....
...Calgary-based Cenovus Energy told the FT last year that Ottawa should fund most of the C$75bn (US$60bn) cost of the project, which backers claim could eventually capture about half of the oil sands’ CO2...
...While women make up 38 per cent of the entry-level workforce in oil and gas, they only make up 10 per cent of the C-suite, according to the 2021 Women in the Workplace report by McKinsey....
...Additional reporting by Derek Brower in New York...
...However, capital spending in Canada’s oil and gas sector has plunged from a high of C$81bn ($65bn) seven years ago to just over C$27bn this year, according to the Canadian Association of Petroleum Producers...
...“But at the same time that will protect something in the range of C$3tn of GDP.”...
...Indeed, some residents are already suffering from heat-related power outages, rendering those prized A/C units useless....
...In the third episode of our special five-part series on sustainable or ESG investing, produced in partnership with the FT’s Moral Money team, Derek Brower, US energy editor, and Attracta Mooney, the FT’s...
...The Trudeau government, which came to power in 2015, enacted carbon-pricing legislation in 2018 and last year said that the levy would increase from C$30 ($24) a tonne to C$170/tonne in 2030, one of the...
...CGG, which produces imaging software for use in oil exploration and carries one of the lowest ratings of triple-C plus, raised $500m last week at a coupon of 8.75 per cent....
...Hyper Clear Brightening Clearing Vitamin C Serum, £32. Pattern Heavy Conditioner for Coilies, $25....
...(Derek Brower) How much back-up generation is needed to go green?...
...(Derek Brower) UK faces pressure to match US clean power ambitions How much would it cost for the UK to replicate President-elect Joe Biden’s pledge to decarbonise the US electricity system by 2035?...
...In comparison, the 3,260MW Sizewell C facility being built in the UK will cost £20bn ($27bn)....
...Cenovus Energy is to buy rival Canadian oil producer Husky Energy, controlled by Hong Kong billionaire Li Ka-shing, in a C$10.2bn ($7.8bn) deal as the wave of consolidation sweeping North America’s battered...
...Husky said capital and operating investment would have amounted to C$11bn....
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