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Photograph by Devon OpdenDries. via Getty Images
It seems as if things are starting to turn around for the Canadian province.
Seventeen publicly traded junior energy companies have disappeared in the past 30 months.
The risks of not enacting change significantly outweigh the risks of implementing new technologies. Holding back is already costing us money and causing further damage to the environment, and the longer we wait, the worse it will get. Canada has an opportunity to be a leader and to show the world that it is possible.
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Unfortunately, time is not on our side, and significantly reducing carbon emissions requires immediate action. I believe the time for cautious, incremental change has passed and that we must take bold steps to achieve our climate goals. Nowhere is bold action needed more than in the Canadian energy industry.
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Junex's Galt field is tiny compared to the oilsands, but could still help Quebec.
By approving Keystone XL's construction throughout the U.S., a President Trump would ensure prosperity for millions of ordinary Canadians. If that fever catches on, the Energy East pipeline and other pipelines through British Columbia could also provide a boost to Canada's prosperity.
Putting in a carbon tax while giving oil companies tax breaks doesn't make sense, climate groups say.
Canadian Press/Chris Young
CALGARY — Donald Trump's hostility toward trade with OPEC oil producers and interest in the U.S. energy security could boost demand for Canadian oil as he assumes the president's office, says the head...
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That follows similar job cuts last year.
It's the industry's second year of losses.
Canadian Press/Jonathan Hayward
Industry group says it's just trying to "push buttons."
“Our ... concern now is that the housing bubble will burst before the year is out."
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Companies shouldn't rely on the assumption of ever-growing demand.
We've all seen a chart like it: logos of corporations connected by thin lines to other logos, linking dozens of subsidiaries to spin-offs of even larger companies. But such diagrams rarely involve Canada or the fossil fuel companies that dominate lobbying and other political efforts.