Earlier this week, Premier Jason Kenney announced that the Government of Alberta will borrow money to debt finance the construction of TC Energy’s Keystone XL (KXL) pipeline. More specifically, the Alberta government is making an equity investment in TC Energy of $1.5 billion CAD in 2020, and the government will provide a backstop for the pipeline through a $6 …
About two weeks ago, my new Corporate Mapping Project report on the future of Alberta’s oil sands industry was published. The report analyzes how the oil sands industry, in the early years of the mature phase of its business life cycle, is producing more bitumen with less capital and fewer jobs. The figure below, produced by earth …
As debate continues to rage over pipelines for Alberta’s oil, a new Corporate Mapping Project report analyzes how the oil sands industry, in the early years of the mature phase of its business lifecycle, is producing more bitumen with less capital and fewer jobs.  “Since the 2014 oil price crash, advancements in extractive technologies and …
As debate continues to rage over pipelines for Alberta’s oil, this report analyzes how the oil sands industry, in the early years of the mature phase of its business lifecycle, is producing more bitumen with less capital and fewer jobs.  “Since the 2014 oil price crash, advancements in extractive technologies and modular facility design have …
Dear Coast Protectors, I’m writing you from Edmonton, the other end of the Trans Mountain pipeline. Like most Albertans, I’ve followed your mobilization in opposition to the Trans Mountain Pipeline Expansion (TMX) with great interest. Unlike many Albertans, I am opposed to the building of more pipelines to transport increasing amounts of our oil to …
September 30, 2017 marks the 50th anniversary of the opening of the first large oil sands mine and processing plant in Fort McMurray. The facility was developed by Great Canadian Oil Sands, the precursor to Suncor Energy, which is one of Canada’s largest producers of fossil fuels. Over the past five decades, the northern Alberta …
In November 2015, the government of Alberta announced its Climate Leadership Plan, and in June 2016, the enabling legislation for the plan, Bill 20, the Climate Leadership Implementation Act, received royal assent. Bill 25, the Oil Sands Emissions Limit Act — commonly referred to as the emissions cap — is an additional plank in the government’s overall …
One year ago this week, the government of Alberta announced its Climate Leadership Plan, and in June 2016, the enabling legislation for the plan, Bill 20, the Climate Leadership Implementation Act, received royal assent. Alberta’s Climate Leadership Plan is based on the report developed by the government’s Climate Change Advisory Panel, chaired by economist Andrew Leach, an associate …