Natural Resource Minister confirms that the government will move ahead with “Just Transition” legislation on transitioning Canada to a “low-carbon economy.”
On July 20, 2021, the Liberal government first introduced the consultation process on the “Just Transition” plan to deal with workers hurt by the short-term energy transition that the Trudeau government is proposing.
oil and gas
Russia bans the sale of Russian oil to countries that impose a price cap
On Tuesday, December 27, Russian President Vladimir Putin signed a decree that would ban the sale of crude oil and oil products to nations that abide by the G7 price cap.
energy
U.S. eases oil sanctions on Venezuela after banning Russian oil imports
The U.S. government has eased sanctions on Venezuela to allow the dictatorship to import oil in the country.
energy
Industry executives warn that Europe’s energy crisis could last years
New warnings from industry executives and analysts say Europe’s energy crisis risks lasting years if conditions persist.
energy
Majority of Quebecers support developing the province’s natural resources
Despite fierce opposition from political parties and mainstream media, Quebecers still support the idea of developing their province’s natural resources.
JOE BIDEN
Biden threatens US oil and gas companies with windfall taxes and restrictions, citing industry profits
On Monday, President Biden threatened US oil and gas companies that he would impose a windfall tax on them if they don’t lower costs and increase production.
energy
New UK Conservative Prime Minister commits to banning fracking as the UK faces an energy crisis
The new Conservative leader and Prime Minister Rishi Sunak announced a reversal of the decision to lift a moratorium on fracking made by predecessor Liz Truss.
climate change
WATCH: German climate activists throw liquified mashed potatoes at a Monet painting to protest against fossil fuels
On Sunday, a climate activist group called “Letzte Generation” or the ‘Last Generation”, entered a museum in Germany and threw liquified mashed potatoes at a Monet painting to protest against fossil fuels.
canada
Trudeau says the Ukraine-Russia conflict “accelerated” the move to renewable energy
Canada’s prime minister Justin Trudeau has an oddly politicized reading of the Ukraine-Russia conflict.
JOE BIDEN
Biden Administration announces plan to release more oil from the Strategic Petroleum Reserve this winter, as reserve hits the lowest level since 1984
On October 18, 2022, the White House announced that Biden has directed the Department of Energy to sell off more oil from the U.S. Strategic Petroleum Reserve (SPR).
