Morning Update: Ottawa’s climate plan puts pressure on energy sector

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Federal government’s new climate change plan requires oil and gas industry to cut emissions by 42 per cent in the next eight years from 2019 levels

to 20 per cent from 15 per cent and has closed a loophole that allowed foreign students and workers to get a tax rebate on real-estate purchases, in an attempt to crack down on speculation in the housing market.in talks on ending Russia’s war on Ukraine. Oil rose more than $2 per barrel. Wall Street futures were lower after U.S. stocks gained Wednesday following Russia’s announcement it would scale back military operations near Ukraine’s capital, Kyiv, and a northern city.

Eugene Melnyk, the billionaire who died Monday at the age of 62, pulled the Senators out of bankruptcy in 2003, saw his team reach the Stanley Cup final and received so much attention from fans that his name would eventually appear on billboards around the national capital. Unfortunately, the message was far from love.”: “I have a sense that the fascination with the great sexy flame-outs doesn’t hold sway as it once did. Rock ‘n’ roll as a genre doesn’t hold sway as it once did either.

 

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They are swapping big oil lobbyists for mining/metals/battery lobbyists. Building dozens of new mines for battery materials does not protect the environment. Only the mining, metals, chemicals and plastics industries will benefit. Batteries are the worst option. BTW green ...

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