Investing in green future easier said than done for Alberta

Capitalizing on an educated workforce and taking a hard look at taxation would help the province diversify its post-pandemic economy, according to U of A experts

Investing in green future easier said than done for AlbertaGrowing Alberta’s sustainable energy sector alongside its conventional energy backbone might be a short-term remedy for pulling the province out of its current financial crisis, but University of Alberta economists say it won’t necessarily help the province compete globally. Joseph Doucet, dean of the Alberta School of Business, agrees that investment in a greener future…

Canadian industries see another decline in capacity

The capacity utilization rate in the mining, quarrying, and oil and gas extraction sector was unchanged at 77.8 per cent in the first quarter

Canadian industries see another decline in capacityCanadian industries operated at 79.8 per cent of their capacity in the first quarter, down from 81.4 per cent in the previous quarter, said a Statistics Canada report, adding it was the third consecutive quarterly decline. This decline was because of the slowdown in most sectors caused by physical distancing measures implemented in response to…

Don’t blame Australian fires on climate change

The buildup of combustible material is a result of the authorities’ failure to undertake cool season burn-offs on public lands and to ensure such burning also takes place on private land

Don’t blame Australian fires on climate changeEucalypt forests are particularly inflammable and this year’s Australian bush fires have, so far, ravaged close to 20 million hectares, about 2.5 per cent of the continent, claiming 29 lives. The proximity of the fires to Sydney, Melbourne and Canberra left them blanketed with smoke for days on end. Recent days have seen heavy rainfall…

Clean technology investment will increase, says RBC

As climate concerns mount, Canada’s challenge will be to better sell ourselves as a responsible, cleaner energy producer, says the report

Clean technology investment will increase, says RBCCanada will remain a major producer and supplier of energy to the rest of the world and that role will increase as new oil pipelines are built and LNG export capacity comes on stream, says a new report by RBC Economics. "We expect Canadian oil sands producers, already large investors in clean technology, to continue…
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