![]() ![]() Meta has blocked news articles from appearing in Canada through its social media platforms Facebook and Instagram, so skip the gatekeeper and come straight to the source.An Analysis of Instructor-Created Crossword Puzzles for Student ReviewĮRIC Educational Resources Information Center “(But) I agree with you we should make specific targets to reduce emissions and CO2,” he Facebook? No problem. ![]() Libya’s energy minister added it’s “obvious” the world still needs to tolerate fossil fuels, arguing there’s “no other immediate alternative” that is as affordable or as reliable as oil and gas. try and reach the net-zero emissions by 2050.” “We have not reached our quota and we need to be allowed to produce, to have income to. ![]() “In Libya, for example, we’re still producing below our OPEC quota,” he said. He also said revenues from Libya’s oil production will be required to finance the country’s gradual transition toward cleaner energy technologies. Oun referenced a recent forecast that oil demand will rise above 104-million barrels per day next year. The panellists also touched on the high cost of global energy transition and the debate over peak oil demand.Īll four appeared to agree the world’s continued appetite for fossil fuels in the coming years means it’s too early to move away from oil and gas production. Rebecca Schulz, Alberta minister of environment and protected areas, speaks at a press conference in BMO Centre at Stampede Park during the World Petroleum Congress on Tuesday, Sept. “The issue for us is transitioning away from emissions - it’s not about transitioning away from oil and natural gas,” Smith said. The full-scale project expects to capture more than one-million tonnes of carbon dioxide annually by 2026, according to Heidelberg’s website. Smith also discussed Heidelberg Materials, a company that’s attempting to construct the cement industry’s first carbon capture utilization and storage (CCUS) facility in Edmonton. “But I think our job in the wealthier nations is to get to net zero - aspirationally by 2050 - so that technology can be exported, so we can assist in accelerating that transformation while the other nations deal with the joint problem of carbon neutrality as well as energy poverty.”įocus is transitioning away from emissions - not oil and gas: premierĬiting examples of local energy transition and carbon capture technologies, Smith promoted various Alberta-based companies, such as Avatar Innovations’ CarbonTech Accelerator, and a proposal to use hydrogen to completely fuel the community of Bremner in Strathcona County, east of Edmonton. The premier added she won’t judge any country that wants the same quality of life as Canada. Premier Danielle Smith speaks at a ministerial round table at BMO Centre at Stampede Park during the World Petroleum Congress on Tuesday, Sept. “Yes for us, but we have to be more patient with those nations that have (tackling) energy poverty as their principal goal,” she said. When asked if transitioning to net-zero emissions is feasible by then, Smith responded “yes and no,” elaborating that she meant yes for developed jurisdictions such as Alberta. The panellists’ consensus appeared to be that a global transition to net-zero in the next 27 years is likely not realistic, considering so much of the developing world is still suffering from a lack of reliable and affordable energy sources.īut they stressed that doesn’t mean wealthier nations shouldn’t lead by example in finding pragmatic solutions to reducing their own carbon footprints by 2050. The topic was whether the world is on track to reach net-zero emissions by 2050 - an objective set out by the International Energy Agency and the overarching theme of this year’s congress. Amrita Sen, the founder and director of research for U.K.-based Energy Aspects - a global research house that advises companies on the world energy market. The panel included Alberta Premier Danielle Smith, Libya’s minister of oil and gas Mohammed Oun, and Tutuka Ariadji, the director-general of oil and gas and ministry of energy and mineral resources for Indonesia. ![]()
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