March 1, 2008
Canadian ambassador Wilson lobbies U.S. to go easy on oilsands restrictions
Sunday Mar 2, 2008 Five facts about Canada's oil country
Alberta has a population of 3.3 million, about 10 per cent of the Canadian total.
Alberta's GDP was $183 billion in 2006 - about 14 per cent of Canadian GDP.
Oil and gas production accounts for about 25 per cent of Alberta's GDP, 70 per cent of provincial exports and more than a third of provincial government revenues. Its oil sands contain 174 billion barrels of oil, the largest reserves outside the Middle East.
Alberta has the strongest economy of the provinces and is the only jurisdiction that is debt free. It has run budget surpluses for 14 years, thanks to spending restraints and revenue from the oil and gas sector.
Alberta claims to have been free of rats since 1950. The province still employs
inspectors to patrol its borders and inspect up to 4,000 buildings a year for signs of infestation. Pet rats are banned.© The Gazette (Montreal) 2008
Friday 29 February 2008
ALBERTA’S FORGOTTEN ELECTION
The
Globe (subscription required) and the
Post go inside with Alberta’s election—but only barely.
Since the year-old administration of Progressive Conservative Premier Ed
Stelmach headed into an election on February 4, the national media have
given us only a marginal glimpse of the campaign. Today’s papers
continue that practice. In the Globe, Roy MacGregor offers a quick review
of some interesting analyses and blue-sky policy ideas offered by Alberta
luminaries invited to speculate about what the province could do with the
massive wealth being generated by oil sands development. In the Post,
Colby Cosh—once the national media’s favorite young right-wing
Visigoth, now given much less face time—wearily grumps about both
Stelmach’s lack of zing and the Alberta Liberals’
“characterization of Alberta as a giant failure zone.” Other
than these two pieces, we get nothing three days ahead of the March 3
election that promises to be a watershed test of ideas and models for the
province’s future. Stelmach’s government leans heavily on his
rural power base in northern Alberta, aiming to maintain the
province’s traditional fiscal reticence and keep control of the
agenda tightly centered in the cabinet and the PC party itself. The
Alberta Liberals have managed to gain attention by calling for greater
public investment in the cities—particularly booming
Calgary—that were nearly shut out of cabinet. Weariness with
thirty-seven continuous years of PC dominance has elicited rural interest
in the hard-right Wildrose Alliance, while the NDP and Greens have
capitalized on concerns over the environmental impact of oil sands
exploitation. There’s a real contest in Alberta, one that may topple
a longstanding political dynasty. Better coverage would have been an
opportunity to treat it like an event worthy of the attention of a
national readership.
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Sunday 17 February 2008 OTTAWA: ENVIRONMENTALISTS DENOUNCE OILSANDS PROJECTS
U.S.-based environmentalists have denounced Alberta's oilsands projects as the "most destructive project on the planet" and accuse the federal government of being an accomplice of the their developers. Environmental Defense recalled the more than 100 government and independent reports on the toxic waste ponds that cover 50 square kilometres and are big enough to be observed from space. The lobby's report also notes that oilsands produce three times more greenhouse gases than the extraction of conventional oil and are likely responsible for acid rain in neighbouring Saskatchewan. The document also mentioned health problems at the Fort Chipewyan, an aboriginal community downstream from the oilsands, where various types of cancer and other diseases have become endemic where they had been unheard of. Environmental Defense blames these woes in part on lax enforcement of federal environmental and fisheries laws and the CO2 emissions reduction targets "set deliberately low" by Environment Minister John Baird.
Monday Feb 11, 2008 Aberta sways on undecided voters
About one in four voters were uncertain about who to vote for in the March 3 Alberta election heading...
Tuesday 05 February 2008 EDMONTON: ALBERTANS TO VOTE
Conservative Party Premier Ed Stelmach has called an election for March 3 to seek what would be his first mandate from voters since he became party leader a year ago. Mr. Stelmach won the leadership in a surprise vote to succeed former Premier Ralph Klein. The Conservatives are expected to campaign on the slogan "Change that works for Albertans." Mr. Stelmach's government has been spending billions for new schools, roads, hospitals and other infrastructure. Mr. Klein acknowledged before leaving office that his government had had no plan to provide infrastructure support for the province's staggering growth. The opposition Liberal and New Democratic parties have advised voters to pay attention to the Conservatives' record rather than their campaign promises.
Tuesday Feb 5, 2008 Alberta premier calls election
Alberta Premier Ed Stelmach called a provincial election yesterday, launching a campaign that will culminate... In the Canadian media, only election news out of Alberta ranks slightly higher than Super Tuesday
Wednesday 30 January 2008 CALGARY: ALBERTA UNVEILS MULTI-BILLION-DOLLAR STRATEGIC PLAN
Flush with money from its booming oil industry, the government of the province of Alberta on Tuesday announced a 20-year strategic plan to improve infrastructure as well as a wide variety of public services. Under the plan, the government will spend CDN$6 billion annually to build up highways, railways, hospitals, schools and low-income housing. The announcement comes following criticism that the government was spending too much money in helping to develop profitable oil-sands projects while failing to maintain infrastructure and to stop high inflation in the housing sector. Alberta's population of just over three million people is expected to increase to five million by 2028. Political opponents of Premier Ed Stelmach say that his 20-year strategic plan is merely a ploy in advance of an election that he's expected to call soon.
Tuesday Jan 29, 2008 Alberta's climate plan tops debate
Canadian premiers offered cautious defence of Alberta's approach to climate change yesterday as they...
Friday 25 January 2008 ALBERTA TO MOVE SLOWLY TOWARD GREENHOUSE GAS REDUCTIONS
What comes down must first go up. The oil-rich province of Alberta has rolled out a plan that allows total greenhouse gas emissions to increase for another 12 years, before starting a gradual reduction. Environment Minister Rob Renner says it will result in "real reductions" of 14 per cent below 2005 levels by 2050. The plan focuses on capturing and storing CO-2 from giant oilsands plants, coal-fired generators and industry flu stacks. The carbon dioxide would then be distributed along a multibillion-dollar pipeline system and pumped into the ground to help squeeze more oil and natural gas from aging wells. Alberta's new green plan also includes unspecified consumer incentives to buy energy-efficient appliances, as well as a new emphasis on wind, thermal and geothermal power.
Tuesday 22 January 2008 OTTAWA: CANADIAN WEST TO LEAD ECONOMY
The cities in western Canada are predicted to lead the country in economic growth in 2008. The Conference Board of Canada, an independent economic think tank, says Calgary, Alberta, will be the top economic performer, based on "strong energy demands, furious construction activity and robust consumer spending growth." Next on the list is Edmonton, Alberta, followed by Winnipeg, Manitoba, and then Vancouver and Abbotsford in British Columbia. Of the expected top-ten performers, four are in eastern Canada. They are Toronto, Kitchener, Quebec City and Halifax. In a cautionary note, however, the Conference Board warns that if the United States were to enter a recession, then all bets are off. A recession, it says, "could lead to a significant retrenchment in commodity prices, cutting back the wealth and income effects that are filling Canadian government coffers and driving up business investment and household spending."
ALBERTA: TORIES REMAIN STRONG
Canada's western province of Alberta has been governed by the Progressive Conservative Party for the past 37-years. And, according to a new poll conducted for the Globe and Mail newspaper, that's not about to change. It shows that Premier Ed Stelmach and his party are poised for an election victory, if one is held, as expected, next month. The poll, done by the Strategic Counsel, finds that 58 per cent of voters would choose the Conservatives, 19 per cent would vote Liberal, while the NDP and the Greens each polled nine per cent. The Alberta Alliance has five per cent support. The poll was conducted earlier this month.
CALGARY: WHAT'S THE BUZZ?
Canadian beekeepers and industry experts are meeting in Calgary, Alberta, this week to discuss ways to keep new pests and viruses from damaging Canada's fragile honeybee population. Nearly 30 per cent of Canada's bee colonies were destroyed last winter, twice the normal rate. The Canadian Honey Council says there needs to be a national network to monitor trends and alert scientists and beekeepers if there's a serious outbreak of disease. Honeybees pollinate numerous crops in Canada, including apples, blueberries and raspberries.
Tuesday 15 January 2008 EDMONTON: OILSANDS PROJECT FACES ENVIRONMENTAL COURT CHALLENGE
A court in Edmonton, Alberta, will begin hearing arguments on Tuesday that hope to overturn the approval of a major oilsands project in the province's north. Two environmentalist groups, Ecojustice and the Pembina Institute, argue that approval for Imperial Oil's project should have been withheld because the company chosen to maintain the environment has a poor record. The groups also argue that Imperial Oil's plans to soften the environmental impact are untested. Alberta has wide tracts of oilsands that are attracting strong international interest. But many environmentalists worry that oilsand projects are devastating huge areas.
Tuesday 01 January 2008 CALGARY: TRANS-FAT FREE IN 2008
The city at the centre of Canada's cattle industry is the first in the country to impose a ban on trans fats. Restaurants in Calgary, Alberta, are no longer allowed to cook with fats and oils that have more than 2-per-cent trans fats. Those fats are typically found in cooking oils that are solid at room temperature, such as some margarines and shortenings. Trans fats have been linked to clogged arteries and heart disease. Eventually, other Canadian cities are expected to follow Calgary's lead.
2007
Thursday 27 December 2007 FORT McMURRAY: PIPELINE OPERATOR UNDAUNTED
A pipeline operator remains undaunted by labour and other political groups opposed to its project to ship unprocessed bitumen from Alberta's oilsands to the United States. TransCanada (TSX:TRP) spokesperson Shela Shapiro said the company is committed to the Keystone pipeline project, noting it wouldn't build the pipeline if there wasn't any demand for it. In October the Communications, Energy and Paperworkers union filed an application asking the federal cabinet to reject the National Energy Board's approval of the Keystone application. The union wants the issue brought before the Standing Committee on Natural Resources for hearings on the impact of exporting Canada's unprocessed energy resources. The Alberta Ned Democratic Party has also proposed a private members bill seeking to restrict bitumen exports to the US. Ms. Shapiro said TransCanada is anticipating the Final Environmental Impact Assessment from the US to come in either by the end of this year or early next year.
Thursday 08 November 2007 EDMONTON: DISPUTE RAGES OVER ROYALTIES
Alberta Premier Ed Stelmach says he was unaware during his years in cabinet that energy department reports urged that oil and natural gas royalties be increased by at least $1 billion a year. The province's auditor general recently reported that the reports were hidden from the public for years. The premier said on Wednesday that regardless of the contents of the department reports, changes to royalties were at "the discretion of the government." Two weeks ago, the government raised the royalties by $1.3 billion a year, ignoring a recommendation by a review panel that the figure be $2 billion. Opposition Liberal leader Kevin Taft has been pressing the Conservative government to make the reports public, and said on Wednesday that there's no question but that Albertans were cheated out of billions of dollars. Mr. Taft calls "total nonsense" the premier's contention that there are "no missing billions" because the energy industry stimulated the provincial economy. According to Auditor General Fred Dunn, the energy department's own documents show that the government was falling well below its energy revenue targets.
Wednesday 07 November 2007 EDMONTON: PREMIER CRITICIZES ROYALTY PANEL
Alberta Premier Ed Stelmach has for the first time criticized the review panel on oil and natural gas royalties which his own government appointed. The panel recommended that the royalties be increased by 20 per cent or almost $2 billion a year starting this summer. In the end, the government opted for an increase of $1.4 billion starting in 2009. Speaking in the legislature, the premier compared the panel's main recommendation to the hated federal national energy program in the 1970s. Mr. Stelmach says the program drove Albertans out of the province, caused bankruptcies and left some homeowners unable to pay their mortgages. The premier faced questions from lawmakers about why the Conservative government had for years ignored advice of its civil servants that the royalties should be raised.
Friday 02 November 2007 CALGARY: ENERGY FIRM REACTS TO ROYALTY CHANGE
Canadian Natural Resources Ltd. says it will lessen its drilling because of the higher royalty fees announced last week by the Alberta government. The firm says it will drill 30 to 50 per cent fewer natural gas wells because it anticipates negative effects on its development plans in 2008. The company also says its drilling for light oil will drop by 50 per cent. Premier Ed Stelmach announced last week that the government will collect $1.4 billion more a year in oil and gas royalties. Major and junior energy firms had said beforehand that a major increase in royalties would impel them to a massive scaledown of their investments in the province.
Wednesday 31 October 2007 CALGARY: PLANNED PIPELINE DOUBLES IN SIZE
Canadian pipeline firm TransCanada Corp. says it has more than doubled the estimated cost of its planned Keystone pipeline to US$5.2 billion to build in more capacity for the crude oil which it will convey. CEO Hal Kvisle says both producers and refiners continue to contract for additional long-term use of the facility. Keystone will convey Canadian crude from Hardisty, AB, to two terminals in the mid-western state of Illinois. Keystone was planned to carry 435,000 barrels of oil a day starting in late 2009. The company will ask the Canadian National Energy Board's approval to increase that amount to 590,000 barrels daily. TransCanada's initial estimate in 2005 of the cost of building the pipeline was US$2.1 billion.
CALGARY: MONTANA BECKONS TO DISGRUNTLED IN ALBERTA
The governor of the U.S. state of Montana has suggested that energy companies in Alberta that are unhappy with the new and higher system of royalties in that province think about investing in their southern neighbour. Brian Schweitzer told the Calgary Chamber of Commerce that his state already offered a better tax structure even before Premier Ed Stelmach last week announced that the province would start collecting an additional $1.4 billion a year in oil and natural gas royalties. Gov. Schweitzer says Alberta and Colorado already have an excellent energy partnership and that there's no reason it can't continue. The governor also suggested that Canada cannot increase its energy production without new refineries and that Colorado would be a good place to locate them.
Monday 29 October 2007 EDMONTON: PREMIER STILL PROMOTING HIGHER OIL ROYALTIES
The premier of the western Canadian province of Alberta, Ed Stelmach, is continuing to defend his government's decision to raise government royalties for the oil and gas industries. In a speech to the Progressive Conservatives' annual policy conference in Calgary on Saturday, Mr. Stelmach said that the increase will help the province build for the future. And he said that all of Canada will benefit. On Thursday, Mr. Stelmach said that royalities on oil and gas production would increase $1.4 billion by 2010. Canada's largest energy company, Petro Canada, has said it will carry on with its engineering work on $15 billion worth of new oil sands projects in Alberta.
U.S.-led coalition forces killed about 80 Taliban fighters during a six-hour battle outside a Taliban-controlled town in southern Afghanistan. The battle was in Helmand province, the world's largest poppy growing region. It was at least the fifth major fight in the area since early September. Meanwhile, Australia's prime minister, John Howard, called for more NATO powers to directly engage the Taliban. The governments of the Netherlands and Canada, in particular, are coming under domestic pressure to pull out troops because of heavy casualties.
Saturday 27 October 2007 CALGARY:ROYALTY MELTDOWN DOESN'T MATERIALIZE
The selloff of oil and natural gas stocks that some analysts had predicted because of the Alberta government's royalties increase announced on Thursday didn't pan out. The TSX energy sector actually gained .17 per cent in trading on Friday, as the global price of crude oil hit new heights. The barrel of crude closed at US$91.86 on the Nymex. Shares of companies like EnCana Corp., Suncor Energy and Canadian Oil Sands Trust declined slightly, but shares of Canadian Natural Resources Ltd. and Imperial Oil, the country's largest integrated oil and gas producer, actually rose. PetroCanada, meanwhile, announced that it will carry on with early engineering work on two energy projects worth $15 billion. On Thursday evening, Premier Ed Stelmach said the government will raise royalties by $1.4 billion a year staring in 2009. An independent panel had recommended they rise by $2 billion yearly starting next summer.
Friday 26 October 2007 THE STRAIGHT GOODS:
Alberta Premier Ed Stelmach announces his controversial new scheme to increase the province’s oil royalties. An escaped murderer and one of America’s Most Wanted is caught by a Mountie in New Brunswick. The Vatican releases long-concealed court transcripts of the Knights Templar heresy hearings.
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ALBERTA RUDE TO CRUDE COMPANIES
The Globe leads, while The National, CTV News and the Post front, and the Star goes inside with the unveiling of Alberta premier Ed Stelmach’s new oil royalty scheme. Stelmach announced yesterday that the Alberta government will increase the royalty charges for oil companies drilling in the province by 20 percent, garnering Albertans a projected $1.4 billion dollars more in annual oil revenue by 2010. The establishment of the new regime is a response to the findings of a government-appointed panel created to investigate the previous royalty policy, which had been in place since 1992. In fact, Stelmach rejected half of the panel’s recommendations: the proposed royalty increase is only 75 percent of that suggested by the panel and, also contrary to the report’s advice, the royalty rate will vary depending on the price of oil. In this way, the premier suggested yesterday, the government has struck a golden mean: “As future generations look back at today, I believe they will see we were fair and reasonable, not greedy or short-sighted.”
Perhaps future generations will, but according to today’s Big Seven, current generations are widely displeased. The Globe reports that yesterday’s announcement “infuriated” the oil industry and put the province at risk of losing thousands of jobs, if, as expected, some oil companies pull out of Alberta due to what they see as overpricing. The Post, which bleakly unpacks the likely economic fallout of the policy, is as displeased with the new regime as the oil industry is, likening yesterday’s announcement to “a slap in the face for Alberta.” Meanwhile, the other side of the issue, which goes largely ignored in today’s coverage, and is therein represented exclusively by the “left-leaning” Pembina research group, criticizes Stelmach for not adopting the panel’s recommendations more fully. For Stelmach’s sake, MediaScout hopes the premier reads the Globe: Those pages hold the only editorial (subscription required) in today’s Big Seven that supports Stelmach’s assessment of his own policy as “fair and reasonable,” positing the new scheme as an artful compromise.
Friday 26 October 2007 Alberta royalty rise: $1.4 billion CALGARY–Alberta Premier Ed Stelmach has decided to at least partially protect the goose that lays the golden egg and increase energy royalties by about 25 per cent less than a review panel recommended.
Stelmach tiptoes on royalty path
Confronted with popular demand from Albertans for a greater share of the income generated by their resource birthright, and an oil-patch implacably opposed to a significant hike in the royalties it pays, Premier Ed Stelmach has decided to split the difference.
Thursday 25 October 2007 Alberta Royalty Review
Wasn’t last night just a great evening of TV? You had the Detroit Red Wings play the Vancouver Canucks; Red Sox host the
Colorado Rockies in game one of the World Series; the Bionic Woman; Charlie Rose (believe it or not, one Morning Coffee
scribe plans his evenings around Charlie Rose), and; last but not least, Alberta Premier Ed Stelmach’s television address.
Stelmach’s pre-recorded message (complete with scenic shots of the province and background music) gave no specific details
about his plans to change the province's royalty regime and left viewers with a “to be continued” cliffhanger. The Alberta
premier made “motherhood” statements like: "I promised you a royalty system that works for Albertans - who own the
resources - and also for the companies who invest billions of dollars in our economy.”, "The new framework will enable
Alberta to plan for a secure future. It will provide the stability and predictability business needs and time to adjust to the
changes." and “Decades from now, when our conventional energy resources are gone, our children must be left with an
economic foundation for their prosperity.” Stelmach plans to provide full details of changes to the fiscal regime from Calgary
today at 3:00 PM (Mountain Standard Time).
Tuesday 23 October 2007 TORONTO: ALBERTA AGAIN WARNED AGAINST ENERGY TAX INCREASE
The Alberta government has again been advised of the inadvisability of raising oil and natural gas royalties. TRC Capital Markets, the Royal Bank's investment division, says that acceptance of the advice of an independent panel that the royalties should be raised by an average of 20 per cent would bring short-term gain but also radically alter the government's relationship with energy firms. The bank says the government of Premier Ed Stelmach should focus instead on promoting long-term capital investment. Several major energy firms, including EnCana Corp. and Talisman Energy, have said they'll cut investment by between $500 million and $1 billion if the suggested increase is implemented. Petro-Canada and ConocoPhillips have threatened to quit the province altogether. The premier will announce his decision on Oct. 22.
CALGARY: BIG LABOUR IN ALBERTA ISSUES WARNING ON ROYALTIES
Alberta's largest labour organization is threatening to launch an election-style campaign aimed at punishing the governing provincial Conservatives if Premier Ed Stelmach scraps a government-commissioned panel's proposal to raise oil and gas royalties. Alberta Federation of Labour president Gil McGowan says he believes the premier will institute a "watered-down" version of the Alberta Royalty Review Panel's proposal of a 20-per-cent increase in total royalties worth roughly $2 billion per year, if he doesn't outright reject it. Last week Mr. Stelmach said Alberta's current royalty regime has created "one of the most successful economies on earth." He has also said he will not allow oil and gas companies to bully him into making a decision on royalties. The issue has ignited a political firestorm in a province that opinion polls show largely favours the review panel's recommendations. It reached a head recently when hundreds of energy workers nearly came to blows with industry representatives following a rally at the provincial legislature. The industry has made almost-daily threats to trim billions worth of investments and eliminate thousands of jobs if the royalty panel's recommendations are followed.
Tuesday 23 October 2007 RED DEER: PREMIER DEFENDS ROYALTY RÉGIME
Thursday 18 October 2007 EDMONTON: ROYALTY PROPOSAL CONTINUES TO ROIL WAVES
More than 700 workers in Alberta's energy sector staged a rally outside the provincial legislature on Wednesday to protest against a proposal to increase oil and natural gas royalties by an average of 20 per cent. The proposal came several weeks ago from an independent panel which said in a report that the energy sector has been cheating the government for years and has been hiding internal financial data to that effect. Major and junior energy firms have denounced the panel's report, claiming that it the royalties are increased by 20 per cent they will make reductions that will cost thousands of jobs. Some of the demonstrators in Edmonton on Wednesday echoed that prediction. However on the same day there has been a claim that the 20-per cent figure is itself a vast underestimation of what the oil and gas companies could and should pay. The Parkland Institute, a research group at the University of Alberta, has issued a report that energy taxes and royalties in fact should be boosted by 90 per cent and contradicts claims by companies and investment houses that increased royalties would kill jobs and investments in Alberta. The researchers also recommend public ownership of the province's energy resources.
Wednesday 17 October 2007 CALGARY: ASIAN BILLIONAIRE EXPANDS HOLDINGS IN OILPATCH
A Hong Kong-based firm controlled by Asia's richest man, Li Kashing, has bought TransAlta LP, one of Canada's biggest power trusts, for $629 million. His CKI firm says it will pay unit holders $8.39 per unit. TransAlta LP had been controlled by TransAlta Corp. CKI says the transaction is part of an effort to establish itself in North America's energy sector. Li Kashing already controls Calgary-based Husky Energy Inc. TransAlta Power put itself up for sale in May, saying that the federal government's decision to tax trusts at the same rates as corporations meant that its business model was no longer in the best interest of the unitholders.
Tuesday 16 October 2007 EDMONTON: PREMIER ACCUSED OVER ROYALTY ISSUE
Alberta's opposition New Democratic Party has accused Conservative Premier Ed Stelmach of meeting secretly with representatives of the energy industry to discuss the controversy over proposed increases in royalties. NDP leader Brian Mason accuses Mr. Stelmach of breaking a promise to Albertans to decide the question in an open and transparent manner. But a spokesman for the premier denies he has met with anyone from the energy industry. Two weeks ago, an independent panel issued a report which claimed that the government has been shortchanged on royalties for years and they they should be raised an average of 20 per cent to bring in $2 billion into the provincial treasury. Last week, Mr. Stelmach was quoted as saying he didn't intend to trash the existing royalty system. In another development, the Canadian Association of Petroleum Producers has issued a report which calls the panel's findings to be founded upon "severely understated industry costs." The report accuses the panel of evaluating the cost of an oilsands project at $4 to $6 billion, whereas the actual cost is $10 to $11 billion
Monday 15 October 2007 EDMONTON: CANOLA DIESEL PLANT PLANNED IN ALBERTA
Canada's first large-scale plant to convert canola oil into organic diesel will be built in Alberta. The Canadian Bioenergy Corporation of Vancouver plans to spend $90 million on the plant. The facility will be constructed northeast of Edmonton in an oil refinery centre near an oilseed crushing plant. Canola is Canada's dominant vegetable oil. Canada's government is encouraging the development of renewable fuels. Earlier this year, the governing Conservative Party committed $1.5 billion over the next seven years to develop the country's renewable fuel production.
Tuesday 09 October 2007 Wed1336 To add fuel to the flames of discussion you may want to pick up William Marsden’s recently published book, STUPID TO THE LAST DROP: HOW ALBERTA IS BRINGING ENVIRONMENTAL ARMAGEDDON TO CANADA (AND DOESN’T SEEM TO CARE). Failing that, read the Globe & Mail Review . The reviewer pounced on Mr. Marsden’s account of a ‘nutty’ plan hatched in the 1950s to release the oil mixed within Alberta’s gritty sand using an underground nuclear blast.
Tuesday 02 October 2007 EDMONTON: GOVT. ACCUSED OF FAILING TO COLLECT ROYALTIES
The auditor general of Canada's main energy-producing province, Alberta, has said in his annual report that its government is failing to collect royalties from oil and natural gas firms. Fred Dunn's report says that $1 billion is owed, a sum about which he had previously warned. Mr. Dunn's report also says that Albertans have not for years been told the truth about whether the royalties are being collected or whether the rates are fair and competitive. The auditor general says that Albertans have had to file freedom of information requests to find out information on the subject. An independent panel of experts recently advised the government of Premier Ed Stelmach that the rates were far too low and should be raised by an average of 20 per cent.
Wednesday 19 September 2007 EDMONTON: ENERGY ROYALTY INCREASES SUGGESTED FOR ALBERTA
A review of the royalties which the Alberta government charges the energy sector has suggested they be increased significantly. The six-member review panel has turned its report on the subject over to the government and its recommends that the industry as a whole be taxed 20 per cent more. The document says the royalties on the oilsands projects should be increased by 36 per cent. However, the panel says the royalties should be lower on low-production oil and natural gas wells. The result of the changes would be a nine-per cent increase in revenue for the government from natural gas royalties and and 11-per cent boost from conventional oil production. The panel based its recommendation on the consideration that the royalty system hasn't kept pace with world energy markets. The government isn't committed to implementing the recommendations. Energy executives have warned that higher royalties could put a crimp in investment.
Monday 20 August 2007 EDMONTON: PROTEST FOCUSES ON ALBERTA HOMELESS
About 200 people took part in a march on Alberta's legislature in Edmonton on Sunday to draw attention to the plight of homeless people in a province with a booming economy. They said that some senior citizens on fixed incomes cannot afford rapidly rising rents. One protester called on Premier Ed Stelmach to stop development and to look more closely at the social and environmental damage caused by the province's valuable oilsands industry. Another protester demanded more new affordable housing and rent controls. Alberta is Canada's wealthiest province as a result of the oil industry.
Wednesday 08 August 2007 EDMONTON: ALBERTA AGAINST EMISSIONS CAP
The premier of Alberta, Ed Stelmach, has asked his provincial and territorial counterparts not to attack Alberta's energy policies at the Council of the Federation meeting that starts on Wednesday at Moncton, NB. Mr. Stelmach says he'll reject any suggestion that a cap be placed on greenhouse gas emissions, an idea which he says would be harmful to the entire Canadian economy and not only Alberta's. The premier says that Alberta has done more than some other provinces to alleviate the effects of climate change. Alberta is the source of 39 per cent of greenhouse gas emissions in the country, much of it produced by oilsands developments. . The Council of the Federation exists to provide the provinces and territories a forum to reach common positions on questions involving the federal government.
Thursday 26 July 2007 EDMONTON: EXPERTS DISAGREE ON OILSANDS DEVELOPMENT
A committee tasked with delineating the future of the oilsands industry in Canada's main energy-producing province, Alberta, has disagreed on major points, particularly whether there should be a moratorium on their development. The committee members were environmentalists, business people and government officials, who clashed over whether development should be halted until labour and housing shortages have been resolved. The energy industry rejected the idea that a cap for air emissions from new upgraders should be imposed. The industry and government officials also rejected environmentalists' suggestion that the use of water from the Athabasco River be limited. One environmentalist committee member predicted that Albertans will be disappointed that the industry and the government were inflexible on key issues. The committee's chairman said there was in fact agreement on 96 points, saying he regrets that there wasn't on the issue of development.
Wed1317 30 May 2007 The visit of Governor Schwarzenegger to Canada has generated considerable interest, is regarded as having been productive and has also elicited a number of comparisons to the leadership in Canada, with a definite tinge of envy on the part of Canadians for his enthusiastic leadership on environmental issues and his attitude that "it’s possible to take care of our economy at the same time we take care of our planet". This attitude was greeted with some scepticism by some Wednesday Nighters, but ardently championed by others.
The Governor's visit to BC also generated discussion of the Hydrogen Highway planned for the 2010 Olympics
With more evasion than leadership from our federal government, it is virtually certain that our commitments to the Kyoto Protocol will not be met because there are not the carbon-reducing technologies with which to do so. Canada has fallen behind the world, in part perhaps, because we speak of cost rather than investment in becoming more energy efficient. Certainly motor vehicles and farm equipment are more costly than horses, and mechanized equipment more efficient than hand labour, but had the Luddites prevailed, it is doubtful that society could have reached its current level of sophistication. It has been reported that Alberta oil and gas companies are currently supporting Kyoto as the world reacts to Canada’s apparent indifference. We could go back to consuming only local production of food and produce in order to reduce fuel consumption but that would result in inbreeding and protectionism, a retrograde step.
Monday 14 May 2007 Alberta rethinks royalties
Federal initiatives have changed oil business outlook, Finance Minister says
Wednesday 09 May 2007
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The Conservative government fended off opposition accusations Tuesday of favouritism for the Alberta oilpatch as various industry groups started raising questions about new federal environmental regulations that make the oilsands the only Canadian sector allowed to increase pollution linked to smog over the next decade.












