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Pipelines, energy and natural resources

  • Thread starter Thread starter QV
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Biggest players in the oil sands sign MOU with ottawa and Edmonton for carbon capture. Major tax incentives coming too for companies

 
This podcast is a MUST listen. It is non-partisan and does a deep dive into energy, power and pipelines In canada, and all the politics with it. Brett Wilson, who was a dragon on the Dragons Den, speaks with Brian Lilley.

 
RB#2 partner on board...

Preferred construction partner selected for Roberts Bank Terminal 2 Project​


Vancouver B.C.: The Vancouver Fraser Port Authority has selected TerraMarine as the preferred proponent for the landmass and wharf component of the Roberts Bank Terminal 2 Project, marking an important milestone in delivering a nation-building project that directly supports Prime Minister Mark Carney’s goal of doubling Canadian exports to non-U.S. markets over the next decade. The project will support a more resilient and reliable supply chain, and help move more of what Canadians make, mine, harvest, and grow to more customers around the world.

Roberts Bank Terminal 2 is a future marine container terminal at the Port of Vancouver that will increase container capacity on Canada’s west coast by more than 30%, unlocking more than $100 billion in annual trade capacity, contributing over $3 billion annually to Canada’s GDP, and supporting tens of thousands of jobs.
The selection follows a competitive procurement process, with TerraMarine identified as the preferred proponent, subject to finalization of contraction negotiations with the port authority.

 
The Canadian Press fleshes out a bit of a nuke power overview/update: more mine capacity coming in SK, mo' plants (especially SMRs) coming (with some to be sold offshore).
 
Further to my last.

ottawa and alberta new carbon capture agreement lower targets longer time more subsidies +6

Ottawa and Alberta finalized a Memorandum of Understanding with five major oilsands producers on the $20-billion Pathways carbon capture and storage (CCS) project. The deal lowers the initial 2030 capture targets, extends the timeline for emissions reductions, and introduces extended tax credits and new government subsidies to offset costs.

The new framework introduces several key concessions and modifications:

Lowered Targets: The initial goal of capturing 22 million tonnes of CO₂ annually by 2030 has been reduced to 16 million tonnes, with the full realization stretched out over multiple phases.

Longer Timelines & Expanded Deadlines: The target date to hit primary capture benchmarks has shifted to 2035, with additional reductions phased in toward 2045.

Increased Subsidies: The federal government extended its Investment Tax Credits of 50% for eligible CCS equipment and 37.5% for transportation and storage, now valid until 2035 instead of 2030. Ottawa is also exploring additional financial mechanisms to help cover the project's long-term operating costs.

Regulatory Concessions: The deal is tied to AB's push to expand West Coast pipeline capacity. In exchange for proceeding with the carbon capture project, Ottawa agreed to drop the proposed federal oil and gas production cap and suspend net-zero electricity regulations.

...

A goovernment mandated programme will now become, largely, a government (ie taxpayer) funded programme.

Honour is preserved.
 
And, as expected ...

I hear that sound agian ;)

Christmas Pay Up GIF by Nickelodeon
 
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