For the first time, Canada’s national energy regulator has looked at how oil and gas production will change in a world where countries hit their climate goals — and it shows a future without much demand for Canadian fossil fuels.
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Oil companies will be doing everything they can to make that not happen.
Great news! Peter Lougheed won the provincial election in Alberta with a strong diversification plan to ensure Alberta can handle the loss of its oil cash-cow. That was years ago so I’m sure his party’s lock on the legislature since has only strengthened this plan.
