Dave Forestell’s Post

Yet another underinformed plan from Ottawa that hurts Canadians more than it helps the Environment. Here are some facts: - Canadian natural gas is among the world's most secure, affordable and sustainable energy sources.  - The announcement comes at a time when energy demand is growing. Now is not the time to limit the energy supply from one of the largest and most responsible producers in the world.  - The oil and gas emissions cap has far-reaching and detrimental impacts on Canadians. An emissions cap is essentially a cap on domestic production of natural gas, which will harm Canadian families and businesses by raising prices on energy. #canadianenergy

Ottawa's emissions cap on the oil and gas sector will have no discernible effect on the climate, but it will cost our economy over $6B a year. The major beneficiaries will be other oil-producing countries like Russia, Iran, and Venezuela. #cdnpoli #abpoli #SKpoli #NLpoli #energy #LNG To learn more, read our news release on the matter: https://lnkd.in/eFnneGmt

Texas #Oil and Natural Gas Production Increases as Geopolitical Conflicts Escalate https://is.gd/CZOFB6 #oilgas #oilindustry #oilandgas

Ottawa's emissions cap on oil and gas will harm Canada with no environmental gain. Production cuts will lead to job losses and shift government revenues to places with fewer environmental protections, like Russia, which will happily pick up our slack. #cdnpoli #ABpoli #energy

In 2023, Alberta's oil and gas sector flared 754 million cubic meters of natural gas, hitting a record high 📈 and exceeding its own provincial limits for the first time. This milestone raises concerns about air quality + climate impact. Acting to #CutMethane is a top priority in Canada, and we need comprehensive strategies to manage flaring's environmental impact. https://lnkd.in/g39vAC28

𝐅𝐫𝐨𝐦 𝐑𝐮𝐬𝐬𝐢𝐚 𝐭𝐨 𝐍𝐢𝐠𝐞𝐫𝐢𝐚: 𝐀 𝐠𝐥𝐨𝐛𝐚𝐥 𝐜𝐫𝐢𝐬𝐢𝐬 𝐨𝐟 𝐰𝐚𝐬𝐭𝐞𝐝 𝐞𝐧𝐞𝐫𝐠𝐲 A recent exploration into the practice of natural gas flaring over the past decade highlights a critical environmental and economic challenge. Gas flaring is the process of burning off unwanted natural gas during oil and gas production. It contributes roughly 𝟒𝟎𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐭𝐨𝐧𝐧𝐞𝐬 𝐨𝐟 𝐂𝐎𝟐 equivalent emissions annually, accounting for around 𝟑% 𝐨𝐟 𝐠𝐥𝐨𝐛𝐚𝐥 𝐞𝐧𝐞𝐫𝐠𝐲 𝐬𝐞𝐜𝐭𝐨𝐫 𝐞𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬. However, the bulk of this activity is concentrated in a handful of countries. 🌍 Top Flaring Countries: 1️⃣ Russia 2️⃣ Iraq 3️⃣ Iran 4️⃣ Algeria 5️⃣ Venezuela 6️⃣ The United States 🌱 The top 9 largest flaring countries account for around 𝟕𝟓% of all gas flared globally, contributing significantly to climate change, environmental pollution, and the wasteful loss of valuable energy resources. Efforts like The World Bank's GGFR aim to reduce gas flaring through international cooperation, innovation, and regulations. They not only mitigate environmental impact but also turn wasted resources into productive energy, unlocking economic benefits. #climateactionnow #russia #gasoil #emissions #illuminem

🏭 Liquefied Natural Gas and Canada - quite a complex story, and one of my favourites to talk about! 🎙️ Today on Eco Echoes, Amer Abu-Khajil and I get into it - what is LNG? What is it used for? Can it be a climate solution? Does it truly displace coal-fired electricity generation? How do geopolitics, both inside and outside of the country affect its trajectory? Is Canada missing the boat to our economic detriment while the US, Australia, and Qatar thrive? So many questions. 📌 Links to listen in comments.

While LNG is on the downslide, Greece builds new fossil gas terminals. Wasting public subsidies. April 2024 was the first time in five years with zero LNG imports, yet the Alexandroupolis FSRU is promoted as a strategic investment. Bordeline insanity in times of climate crisis, geopolitical turmoil and market shift towards clean energy. Read more: The New York Times via Kathimerini: "Greece goes green, but bets on US gas for the neighbors": https://lnkd.in/dWd7fhMH S&P Global | "Greece imports no LNG in April for first time in five years" https://lnkd.in/dg2JeGNa #ClimateCrisis #EndFossilFuels #BeyondFossilFuels #ClimateAction

🇺🇸 ➡️ Cheniere Energy wants US to remain in Paris climate agreement Top U.S. LNG exporter Cheniere Energy, Inc. on Tuesday came out in favor of the United States remaining in the Paris climate agreement and complying with methane emissions restrictions, cautioning the incoming Trump administration against reversals. President-elect Donald Trump's transition team has prepared executive orders to withdraw for a second time from the climate treaty that commits countries to reducing greenhouse gas emissions. "We are supporters of the Paris agreement. We are supporters of the methane rule," Cheniere Vice President Anatol Feygin said, referring in the latter case to the European Union's methane limits on oil and gas imports that would be placed on U.S. LNG beginning in 2030. Source ➡️ https://lnkd.in/gixTyY9i #LNG #USLNG #Cheniere #Parisagreement #methane

I think many in media have to learn how to talk to leaders in the Africa and the Caribbean about climate issues and oil and gas. No lectures needed please. Germany is firing up coal plants previously scheduled for closure. Countries such as Norway, Britain, and the United States are all ramping up oil and gas production. Some European countries are even burning fuel oil again to generate electricity. Why pick on Africa and a poor country like Guyana.