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A Prominent Alberta Separatist Calls for a Coup Against Danielle Smith

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  • Hamloc
    Senior Member
    • Jan 2014
    • 4022

    #12
    Originally posted by blackpowder View Post
    Carney is making huge progress with Alberta and he has a lot of support in Alberta and Saskatchewan despite all the overheated rhetoric about how bad Albertans have it.

    I see as much support for Carney as I did mandates.
    No one is saying we have it bad.
    Most are just tired of the bs and lies. Like you.
    By your own doing you're as credible as a FB post.
    BP I have emailed many reporters about one aspect that is never covered in the MOU signed between Alberta and Ottawa. That is “Carbon Contract of Difference”. This is what Carney talks about when he talks about an “effective” carbon tax price. In Alberta at present the headline carbon tax price is $95 a tonne of C02. The present market price for carbon credits is $35 a tonne of C02. A Carbon Contract of Difference is the government, in this case both the Alberta Government and the Federal Government agreeing to guarantee a minimum carbon credit price. In Alberta there are at present more carbon credits(a fake market imo based on a ridiculous tax) available than there is private industry demand, hence the lower price. With CCfD’s the government agrees to essentially insure the value of carbon credits don’t go below a certain level, making up the difference if they do. Basically putting the taxpayer on the hook insuring this market. This is one way to incentivize private industry to implement newer more expensive technologies that in theory lowers emissions.

    This was discussed on CBC’s the House on yesterday’s show, but no real details were given. None of the reporters I have emailed have yet covered this topic. We need Paul Harvey to give Albertan’s and for that matter Canadians “The Rest of the Story”.

    Comment

    • chuckChuck
      Senior Member
      • Dec 2006
      • 13228

      #13
      Danny Smith signed the deal with Carney to price carbon emissions at $130 per tonne by 2040.

      She also agreed to pathways to collect and store CO2 underground.

      These are strong incentives to reduce emissions.

      These are major commitments by Alberta to reduce carbon emissions from oil and gas production in exchange for a pipeline to the west coast.

      Alberta also has to reduce methane emissions.

      Whether the carbon credit market price functions as planned is still to be seen.





      Comment

      • chuckChuck
        Senior Member
        • Dec 2006
        • 13228

        #14
        If you want some independent analysis of the Pathways agreement read the Pembina's Institute report:

        A Not-so-Grand Bargain


        The quest for decarbonized barrels in the oilsands

        Overall, we suggest that the “grand bargain,” in which a theoretical pipeline is offered in return for large-scale carbon capture deployment, is a poor way to achieve a decarbonized oilsands, or even substantial emissions reductions from the sector. Rather, regulation could be used to further de-risk the Pathways project and ensure private investment moves ahead.

        On this, we suggest industrial carbon pricing should be strengthened to send an investment signal to the oilsands companies to move forward with Pathways. If done in conjunction with finalized methane regulations (which mainly work to spur investment in decarbonization of the conventional oil and gas sector), this would also render the proposed federal oil and gas emissions cap — to which Alberta has voiced considerable opposition — redundant.

        If this can be achieved, Alberta and Canada will have facilitated a major influx of private investment in the oilsands, in a way that can be fairly characterized as “climate competitive”.

        Key report findings
        • As of 2024, oilsands production was 4.7 million barrels per day of mined, in situ, and upgraded bitumen, with emissions at 92 megatonnes ([url]https://440megatonnes.ca/early-estimate-of-national-emissions/#estimate-table-2[/url]) of carbon dioxide equivalent (Mt CO2e) annually.
        • In all scenarios, we assume that emissions intensity trends from 2019–2023 continue, meaning emissions intensity declines on average 1% per year over the forecast period. This is why, in our Current Measures scenario below, emissions fall to 2035 despite production increasing.
        • Any further emissions intensity improvements as a result of carbon capture (in the second two scenarios) are layered on top of this 1%.
        • We believe this to be an optimistic assumption with regards to emissions intensity given that firms have likely exhausted cheaper abatement technologies, and recent moves ([url]https://www.pembina.org/media-release/albertas-move-undermine-industrial-carbon-pricing-challenges-integrity-grand-bargain)by[/url] the Government of Alberta have further weakened ([url]https://www.pembina.org/media-release/albertas-continued-weakening-industrial-carbon-pricing-makes-canada-less-climate[/url]) the TIER market.
        Key numbers

        30% of Canada’s total emissions come from oil and gas production (latest data, 2023).

        85 kg of CO2 equivalent emitted for every barrel of Canadian oil produced, among the highest intensity in the world.

        5% of Canada's GDP, on average, has been generated by the oil and gas sector since the year 2000.

        ​If the world achieves its pledge of net-zero by 2050, global oil demand will fall and Canadian crude oil production will enter into long-term decline in the 2030s, ultimately falling by 80% by 2050. (Data source: Canada Energy Regulator; see Meeting the emissions cap ([url]https://www.pembina.org/pub/meeting-emissions-cap[/url]) (2024))​

        Comment

        • shtferbrains
          Senior Member
          • Jun 2017
          • 5369

          #15
          The thing you aren't understanding Chuck is that very few care anymore.
          The rhetoric in most of the world is toned back or non existent.
          Taxpayers have many things that they need money for and no longer believe there is any value in sending it to government to piss away on climate mitigation.
          Carney is trying hard to change the channel to get back on track with the someone else is going to pay for this or there will be money for nothing,but it's clear now who gets the money.
          80% of the world dropped out.
          Net Zero is bullshit.

          Comment

          • Hamloc
            Senior Member
            • Jan 2014
            • 4022

            #16
            Pembina Institute, hmmm clean energy think tank?!??Yup no built in bias there.

            Chuck2 you didn’t address Carbon Contracts of Difference!?!?

            Comment

            • fjlip
              Senior Member
              • Oct 2002
              • 9941

              #17
              "These are strong incentives to reduce emissions."

              Last thing Canada needs is to even SPEAK the words emissions!

              Total phucking BULL$HIT! Phuck carnage and libtarted MFR's!

              Comment

              • blackpowder
                Senior Member
                • Feb 2010
                • 9402

                #18
                Originally posted by Hamloc View Post

                BP I have emailed many reporters about one aspect that is never covered in the MOU signed between Alberta and Ottawa. That is “Carbon Contract of Difference”. This is what Carney talks about when he talks about an “effective” carbon tax price. In Alberta at present the headline carbon tax price is $95 a tonne of C02. The present market price for carbon credits is $35 a tonne of C02. A Carbon Contract of Difference is the government, in this case both the Alberta Government and the Federal Government agreeing to guarantee a minimum carbon credit price. In Alberta there are at present more carbon credits(a fake market imo based on a ridiculous tax) available than there is private industry demand, hence the lower price. With CCfD’s the government agrees to essentially insure the value of carbon credits don’t go below a certain level, making up the difference if they do. Basically putting the taxpayer on the hook insuring this market. This is one way to incentivize private industry to implement newer more expensive technologies that in theory lowers emissions.

                This was discussed on CBC’s the House on yesterday’s show, but no real details were given. None of the reporters I have emailed have yet covered this topic. We need Paul Harvey to give Albertan’s and for that matter Canadians “The Rest of the Story”.
                I used to think that commitments to a tax rate 15-20 years out was just blowing smoke for votes. Now I think sheeple will accept anything with enough lead time. By 2040 most voters will have been taught this all their life.
                Like another gun law or a reconciliation gift, repeat it long enough and it's fact.

                Comment

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