Global Oil Demand, CO2 Emissions Likely Peaked in 2019 as Fossil Analysts Predict More Stranded Assets – The Energy Mix:

The follow-ups come after colossal fossils BP and Shell downgraded the value of their combined assets by as much as US$39.5 billion over the last couple of weeks.

“While we expect oil demand to recover next year, we think that it’s likely that it will never reach the levels seen in 2019,” Sverre Alvik, head of DNV GL’s Energy Transition Outlook, told Reuters. While the reductions would not be enough to bring fossil emissions in line with the goals in the 2015 Paris Agreement, “COVID-19 has shown that behavioural changes are indeed possible, and we can use this opportunity to make a change which is good for climate,” he added.

Global Oil Demand, CO2 Emissions Likely Peaked in 2019 as Fossil Analysts Predict More Stranded Assets – The Energy Mix: The follow-ups come after colossal fossils BP and Shell downgraded the value of their combined assets by as much as US$39.5 billion over the last couple of weeks.“While we expect oil demand to recover next year, we think that it’s likely that it will never reach the levels seen in 2019,” Sverre Alvik, head of DNV GL’s Energy Transition Outlook, told Reuters. While the reductions would not be enough to bring fossil emissions in line with the goals in the 2015 Paris Agreement, “COVID-19 has shown that behavioural changes are indeed possible, and we can use this opportunity to make a change which is good for climate,” he added.Read More

Wall Street billionaire talks Trudeau into changing course to benefit private investors:

The Trudeau government is gearing up to spend billions on new infrastructure as part of its post-pandemic economic plans.

What a terrific idea! – except that it plans to do so in a way that will massively, needlessly drive up the costs and allow some of our prime national assets to be owned by foreigners.

The story begins with Justin Trudeau’s first bid to become prime minister in 2015.

Wall Street billionaire talks Trudeau into changing course to benefit private investors: The Trudeau government is gearing up to spend billions on new infrastructure as part of its post-pandemic economic plans.What a terrific idea! – except that it plans to do so in a way that will massively, needlessly drive up the costs and allow some of our prime national assets to be owned by foreigners.The story begins with Justin Trudeau’s first bid to become prime minister in 2015.Read More

Are Albertans Victimized or Angry?:

Perhaps he wrote that before he had a chance to see how much Trudeau was
doing for the province. Maybe he assumed he was doing as little as
Premier Jason Kenney. Either way, there isn’t any way to establish this
tiresome rhetoric as belonging to anything other than a Postmedia
newspaper.

Mr. Kenny’s notion that Alberta is paying Quebec’s bills simply isn’t true. Mr. Hopper crunches the numbers
for us in the article expecting us to believe it. Still, there are
three kinds of lies which are just as prevalent today as the first time I
heard them. There are lies, damned lies and statistics.

Are Albertans Victimized or Angry?: Perhaps he wrote that before he had a chance to see how much Trudeau was
doing for the province. Maybe he assumed he was doing as little as
Premier Jason Kenney. Either way, there isn’t any way to establish this
tiresome rhetoric as belonging to anything other than a Postmedia
newspaper.Mr. Kenny’s notion that Alberta is paying Quebec’s bills simply isn’t true. Mr. Hopper crunches the numbers
for us in the article expecting us to believe it. Still, there are
three kinds of lies which are just as prevalent today as the first time I
heard them. There are lies, damned lies and statistics.Read More