The Energy Mix

1 week ago | theenergymix.com | Mitchell Beer

Critics warn that taxpayers and local communities could be on the hook for cleaning up a growing inventory of abandoned oil wells and fossil fuel infrastructure in Alberta under a new “mature assets” strategy proposed by industry veteran David Yager. The report, published in April, reflects a well-known pattern the industry has used for decades to avoid responsibility for clean-up costs.

2 weeks ago | theenergymix.com | Mitchell Beer

Canada’s top court has dismissed Ontario’s request to weigh in on a major challenge to its climate plan brought by a group of young activists. The decision released on Thursday means the case will be revived with a new hearing in the lower courts, The Canadian Press reports. Lawyers at Ecojustice and Stockwoods LLP, who are backing the activists, said in a press release that they are celebrating the ruling.

2 weeks ago | theenergymix.com | Mitchell Beer

The Royal Bank of Canada’s announcement Tuesday that it will abandon its sustainable finance goals could set off a “big domino effect” across the banking sector in Canada and beyond, a leading Canadian climate finance analyst warns. RBC blamed the decision on amendments to the federal Competition Act last year that require companies to prove their environmental claims, The Canadian Press reports.

2 weeks ago | theenergymix.com | Mitchell Beer

Ontario says it wants to break down provincial trade barriers to boost economic growth and unlock new opportunities in energy, infrastructure, and labour mobility—though some observers are watching to see how the changes will play out in practice. The proposed changes are part of Bill 2, the Protect Ontario through Free Trade within Canada Act, which is meant to “unlock free trade and labour mobility within Canada,” the provincial government said in a release.

3 weeks ago | theenergymix.com | Mitchell Beer

A win for the Conservative Party’s Pierre Poilievre in Monday’s general election could make Canada the only G7 country with rising greenhouse gas emissions, adding nearly 800 million tonnes to the country’s carbon footprint by 2035, a leading international climate policy analyst has concluded.