Canada Rolls Back Climate Rules To Boost Investments
- Reference: 0180227207
- News link: https://news.slashdot.org/story/25/11/28/0042205/canada-rolls-back-climate-rules-to-boost-investments
- Source link:
> Under the agreement, which was signed on Thursday, the federal government will scrap a planned emissions cap on the oil and gas sector and drop rules on clean electricity in exchange for a commitment by Canada's top oil-producing province to strengthen industrial carbon pricing and support a carbon capture-and-storage project.
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> The deal, which was hailed by the country's oil industry but panned by environmentalists, signaled a shift in Canada's energy policy in favour of fossil fuel development and is already creating tensions within Carney's minority government. Steven Guilbeault, who served as environment minister under Carney's predecessor Justin Trudeau, said he was quitting the cabinet over concerns that Canada's climate plan was being dismantled.
[1] https://www.aljazeera.com/economy/2025/11/27/canada-rolls-back-climate-rules-to-boost-investments
Chain of thoughts (Score:2)
Paris Accord -> Trump -> US leaves Paris Accord, pressure on Canada -> Canada needs energy -> Canada leaves Paris Accord
Re: Chain of thoughts (Score:1)
Sanity always prevails in the end, but it can take a while. One thing the climate doomers ignore is petrochemia - we need lubricants, waxes, adhesives, coatings and polymers which almost exclusively come from oil. Burning oil is kinda stupid, since there are better uses for it, so it is a problem that will eventually solve itself.
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Ha ha, Paris Accord. Guess how much France, the country which lead said accord, was fined for not meeting their own commitments? Spoiler alert, it's €1. [1]https://earth.org/court-finds-... [earth.org] The accord is not worth the paper it's written on, or the non-volatile storage it's saved on, if it has absolutely no teeth. Imagine if speeding fines were capped at $1 fine per year for all your speeding tickets. How meaningful would the speed limit signs be?
[1] https://earth.org/court-finds-france-guilty-of-failing-to-meet-its-paris-agreement-commitments/
Greedy, corruption at the expense of life (Score:2)
The only way to prevent the de facto conclusion is to speak the only language they understand.
climate change is real (Score:4, Informative)
Climate is real. Why are you engaging in denialism? The only "scam" I see is people promising that we can ignore climate change.
And if "technology changes for the better over time", investing in backward technology like fossil fuels won't be a a path to progress. If we want the better technology to actually catch on, we should invest in it, instead of catering to lobbyists for large but increasingly obsolete business interests like fossil fuel.
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I'm in Canada and it's almost December. It's still raining.
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Yes because we can only say there is climate change once there is absolutely no snow in Canada anywhere.
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Ach, get real. There was kilometers of ice on top of Canada just a few thousand years ago, but the melting was not caused by Indians burning oil and coal in their caves. Ice ages are caused by tiny oscillations in the earth orbit and solar activity and it will all happen again unfortunately. All our coal and oil burning may postpone it a little, if we are lucky.
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The next ice age was supposed to happen in 4000 years. But seeing as we were supposed to be cooling towards it now and we are instead heating and moving away from it I would say it is more than just a little delayed.
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The Doomers already shifted their story, saying there will be an ice age by 2030 - Sigh..: [1]https://blog.sciandnature.com/... [sciandnature.com], [2]https://www.msn.com/en-us/scie... [msn.com], [3]https://www.popularmechanics.c... [popularmechanics.com]
[1] https://blog.sciandnature.com/2024/11/a-mini-ice-age-could-hit-earth-by-2030.html
[2] https://www.msn.com/en-us/science/environmental-science/earth-s-next-ice-age-might-already-be-on-the-way-here-s-what-scientists-just-discovered/ar-AA1A0Op0
[3] https://www.popularmechanics.com/science/environment/a69366193/warming-planet-deep-freeze/
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If that's what the science says then I'm not going to argue. I was talking about the natural pattern of the earth. As long as fluctuations are not happening by the normal pattern it doesn't change the conversation much.
Otherwise Alberta might leave Canada? (Score:2)
Albertians are very tired of Canada's liberal government policies that are generally against oil and gas production (emissions caps, carbon tax, cancel pipeline projects, etc), while simultaneously using Alberta to help fund the rest of the country. Moves like this are becoming essential to keep Alberta in Canada as an increasing number of its populace is starting to eye independence or closer cooperation with the United States. It's about time we get rid of the red tape.
Re: Otherwise Alberta might leave Canada? (Score:1)
Some Albertans have voted with their feet - I left Canada in 2009 and the CAD exchange rate just keeps getting worse, so I am not wealthy or dumb enough to go back.
Re: Otherwise Alberta might leave Canada? (Score:2)
You left during a recent high point in the currency. I remember well it unexpectedly climbing from 62c to to the USD in 2003 to parity by 2008 because I was living in Ontario and working 1099MISC since 1999 for a Californian company and watched my USD pay diminishing in value. Letâ(TM)s be honest, the exchange rate is back where the historical trend was taking it.
Re: Otherwise Alberta might leave Canada? (Score:1)
Yup, the historical level of 60c is the Liberal gov level. The Conservative gov 1.10 level is the exception. Carney is a conservative PM of a Liberal gov - so one can only hope that the economy and exchange rate will improve a bit.
It's giving away nothing and gets political cover (Score:2)
"Against oil" (meaning, development, business, jobs, etc) has been the big conservative complaint against the Liberals, that they sacrifice prosperity and jobs for their (wrong anyway) environmental tenderness.
They're now giving away precisely nothing: the commitment to get all the approvals through, the environment compromised, for a pipeline that's never going to happen.
The money simply isn't there for such a mammoth multi-project. Money is definitely there for tweaks and tricks to squeeze and extra mil
Re: It's giving away nothing and gets political co (Score:1)
Canada is a relatively small country, similar to Italy, Spain or Poland, so there is not too much money lying around there. However, if there is a large Asian client who wants oil badly enough, then it will be funded. The Trans mountain pipeline has expanded by 3x with private money since it was built a few years ago with public money - Not a bad investment.
Carbon Capture == Fake action (Score:1)
Carbon capture will never work and anyone funding it is doing so only so they can pretend to be doing something while actually just continuing to profit from destroying the planet.
When a politician or a company supports Carbon Capture, they are trying to fool you and are just as contemptible as climate change deniers.
An old familiar story (Score:4, Insightful)
in the old it's not physics or chemistry that will doom humanity but economics, aptly called the dismal science
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Yup. It's pretty hard to do the right thing when the oil cartel that has invaded Alberta keeps threatening to shit itself and is [1]actively trying to engineer a separatist movement [youtube.com] entirely for its own benefit. Here's hoping Carney eventually finds a way to disembowel them.
[1] https://www.youtube.com/watch?v=r2pFskA1QiE
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Actually he doesnt sound a bit like Donald Trump.
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Oil cartel? It was the Research Council who figured out how to separate the oil and sand economically. The oil sand mines are the world's largest environmental cleanup operation. They take dirty sand, clean it, put it back down and send the dirt to the USA and China.
Re:An old familiar story (Score:4, Insightful)
"We're 100% in favour of dealing with the environmental crisis unless it costs us money in which case we'll be dead by the time it gets really bad so who cares, it won't be us who have to live with it".
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Welcome do democracy, where decisions reflect the majority positions. Technically there is a second tier of voting, with money, people could simply reject buying dirty energy, so if it's close to 50:50 split, you can still have a significant secondary effect. However, as you said, everyone is all for clean energy or using less energy, as long as it doesn't cost them more, or make them less comfortable. Heck, I somehow doubt even the minister who quit would choose to live in an unheated home (it is possible
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Also I notice a lot of people with EVs can afford to also have a fairly new ICE.
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Canada is just ceding ground to other countries, who will race ahead with clean tech and lower costs.