Did the Environment Minister announce the end of Alberta’s Oil and Gas Industry at COP 27?

News Release From the Alberta Institute

Stop The Federal Cap On Oil And Gas

This week, Environment and Climate Change Minister, Steven Guilbeault, effectively announced the end of Alberta’s oil and gas industry.

In Egypt, at COP27, he announced that his government will cap oil and gas sector emissions from the end of next year, and work to reduce them after that.

Remember, even Justin Trudeau said that no country would find 173 billion barrels of oil in the ground and just leave them there.

But that, of course, was before he was Prime Minister.

Radical environmental activist Steven Guilbeault does believe we should leave 173 billion barrels of oil in the ground.

Now, yes, technically, he said he would cap and reduce emissions, not oil and gas production, and some energy companies are confident they can find efficiencies to allow them to continue producing some oil and gas without increasing emissions.

But anyone who’s been in the game long enough has seen the goalposts moved often enough to recognize another goalpost shifting when they see it, and that’s exactly what happened today.

How so?

Well, you would think Minister Guilbeault’s friends in the eco-activist industry – the same people who just a few years ago were calling for this cap on emissions – would be happy about this week’s announcement, wouldn’t you?

But no, these same people who were calling for exactly this policy just a few years ago actually attacked his announcement.

They think that this week’s announcement – the policy they were calling for until recently – is woefully inadequate.

They now want, you guessed it, a cap on production.

They don’t actually care about the level of carbon emissions, they don’t actually care whether emissions go down, they want the amount of oil and gas producedto go down.

This, fellow Albertans, is what Alberta is up against.

The radical eco-activist environmental movement doesn’t want Alberta’s oil and gas industry to be more environmentally friendly, they want Alberta’s oil and gas industry to die.

Meanwhile, having shifted the goalposts a dozen times already – the federal government’s environmental policies are as close to a complete ban on oil and gas as you can get, without actually banning it.

One more goalpost shift, and it will be an outright ban.

The environmental groups are pushing for that last final goalpost shift.

And Albertans are just supposed to trust the federal government that, despite all the previous times they shifted the goalposts, this time they definitely won’t.

The time to stand up for Alberta, and stand up for Albertans is now.

If we don’t do so right now, it might be too late.

In the 1980s, Alberta Premier, Peter Lougheed, fought for – and won – an amendment to the Canadian Constitution – Section 92A – that gave Alberta (and the other Provinces) the exclusive right to explore, develop, conserve, and manage their natural resources.

This amendment made clear that these resources belonged to the Provinces, not the federal government, and Alberta would not have signed on to the Constitution had that clause not been included.

Justin Trudeau and Steven Guilbeault do not believe in that clause in the Canadian Constitution.

They have already ignored it many times, and intend to continue to ignore it.

Justin Trudeau’s view is that Alberta can do whatever we want with our resources… as long as whatever we want to do is exactly what the federal government wants us to do.

And the federal Minister of Environment and Climate Change’s view is that we should leave them in the ground – all of them.

Enough is enough.

Now is the time for every Albertan – and the Alberta government – to stand up to the federal government.

If you agree, please join our campaign to stop the federal cap on oil and gas:

STOP THE CAP

Please also consider forwarding this email to your friends, family, colleagues, and every Canadian.

Regards,

The Alberta Institute Team

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Dan McTeague

Carney launches his crusade against the oilpatch

Published on January 22, 2025

Dan McTeague

Well, he finally did it.

After literally years of rumours that he was preparing to run for parliament and being groomed as Justin Trudeau’s successor.

After he, reportedly, agreed to take over Chrystia Freeland’s job as Finance Minister in December, only to then, reportedly, pull back once her very public and pointed resignation made the job too toxic for someone with his ambitions.

After he even began telegraphing, through surrogates, an openness to joining a Conservative government, likely hoping to preserve some of his beloved environmentalist achievements if and when Pierre Poilievre leads his party into government.

After all that, Mark Carney has finally thrown his hat into the ring for the position of Liberal leader and prime minister of our beloved and beleaguered country.

And, as I’ve been predicting, the whole gang of Trudeau apologists are out in force, jumping for joy and saying this is the best thing since sliced bread. Carney is a breath of fresh air, a man who can finally turn the page on a difficult era in our history, a fighter, and — of all things! — an outsider.

Hogwash!

This narrative conveniently ignores the fact that Carney has been a key Trudeau confidant for years. As Pierre Poilievre pointed out on Twitter/X, he remains listed on the Liberal Party’s website as an advisor to the Prime Minister. He’s godfather to Chrystia Freeland’s son, for heaven’s sake!

Outsider?! This man is an insider’s insider.

But, more importantly, Carney has been a passionate supporter and promoter of the Trudeau government’s agenda, with the job-killing, economy-hobbling Net Zero program right at its heart. The Carbon Tax? He was for it before he was against it, which is to say, before it was clear the popular opposition to it isn’t going away, especially now that we all see what a bite it’s taken out of our household budgets.

Even his course correction was half-hearted. In Carney’s words, the Carbon Tax “served a purpose up until now.” What on earth does that even mean?

Meanwhile, EV mandates, Emission Caps, the War on Pipelines, tax dollars for so-called renewables, and all of the other policies designed to stifle our natural resources imposed on us by the activists in the Trudeau government? They’re right up Carney’s ally.

Plus his record at the Banks of Canada and England, his role as the U.N.’s Special Envoy for Climate Action and Finance, and his passion projects like the Global Financial Alliance for Net Zero (GFANZ), and its subgroup the Net Zero Banking Alliance (NZBA), point to a concerning willingness to achieve his ideological goals by even the most sneaky, underhanded routes.

Take, for instance, the question of whether we need to “phase out” Canada’s oil and gas industry. Politicians who want real power can’t just come out and endorse that position without experiencing major blowback, as Justin Trudeau found out back in 2017. Despite years of activist propaganda, Canadians still recognize that hydrocarbon energy is the backbone of our economy.

But what if oil and gas companies started having trouble getting loans or attracting investment, no matter how profitable they are? Over time they, and the jobs and other economic benefits they provide, would simply disappear.

That is, in essence, the goal of GFANZ. It’s what they mean when they require their members – including Canadian banks like BMO, TD, CIBC, Scotiabank and RBC – to commit to “align[ing] their lending and investment portfolios with net-zero carbon emissions by mid-century or sooner.”

And Mark Carney is their founder and chairman. GFANZ is Mark Carney’s baby.

In truth, Mark Carney is less an outsider than he is the man behind the curtain, the man pulling the strings and poking the levers of power. Not that he will put it this way, but his campaign pitch can be boiled down to, “Trudeau, but without the scandals or baggage.” Well, relatively speaking.

But the thing is, it wasn’t those scandals – as much of an embarrassment as they were — which has brought an unceremonious end to Justin Trudeau’s political career. What laid him low, in the end, was bad policy and governmental mismanagement.

To choose Mark Carney would be to ask for more of the same. Thanks, but no thanks.

Dan McTeague is President of Canadians for Affordable Energy.