The Canadian government on June 15 presented a sustainable jobs bill intended to prepare workers for a transition to a lower-carbon economy following years of consultation and opposition from Alberta, Canada's main fossil-fuel producing province.
Canada, the world's fourth-largest oil producer and sixth-largest natural gas producer, is aiming for a 40-45% reduction in emissions by 2030 and net-zero by 2050.
Prime Minister Justin Trudeau's Liberal government hopes the sustainable jobs legislation will help train workers for new roles in a future green economy, and attract billions of dollars in investment by creating a skilled clean energy workforce.
"Canada is executing its plan to become the clean energy and technology supplier of choice in a net-zero world," Natural Resources Minister Jonathan Wilkinson said in a statement.
The legislation builds on Canada's sustainable jobs plan that was released in February.
It includes creating a partnership council to advise the government on job creation and supporting workers, publishing an action plan every five years and establishing a sustainable jobs secretariat to ensure coherent policies across federal departments.
Once passed, the legislation will also hold future governments to account with respect to supporting Canada’s workers by putting in place structures, guidelines, and accountability mechanisms, the government said in a statement.
Trudeau has been promising sustainable jobs legislation since 2019 but the concept, also called a "Just Transition", became a lightening rod for criticism especially in Alberta where conservative Premier Danielle Smith accused Trudeau of wanting to phase out the oil and gas sector.
Recommended Reading
Hurricane Francine Shuts in Quarter of GoM Oil, Gas Production
2024-09-11 - The Bureau of Safety and Environmental Enforcement reported that 130 platforms and several rigs were affected as the storm approached the Louisiana coast.
An Oil Boom? ‘What Boom?’
2024-07-23 - Frustrations were clear among oilfield and investment Redditors in response to an article that suggested the oil industry is booming. Here’s what happened—expletives deleted, emojis and all.
SM Stock Dives Over 10% as Investors Weigh $2B Uinta Basin Deal
2024-06-27 - Shares for SM Energy were trading down after announcing a multibillion-dollar entry into Utah’s Uinta Basin, an unusual move that nonetheless adds scale to the company’s Eagle Ford Shale and Permian Basin operations.
Ryan Lance: ConocoPhillips Wants to ‘Double’ LNG Project Portfolio
2024-09-17 - ConocoPhillips aims to ingrain itself into the global LNG ecosystem, from shale gas output at the wellhead to liquefaction to shipping to regasification in Europe and Asia, CEO Ryan Lance said.
Texas Needs More Natgas Pipes as Prices Turn Negative Again
2024-07-31 - Spot gas prices for July 31 at the Waha hub in West Texas turned negative for a third time in July even as a record-breaking heatwave could boost U.S. power demand to an all-time high later this week as homes and businesses crank up their air conditioners.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.