If you think Carney and his cohorts, Butts and Guilbeaut are going to make Canada an Oil and Gas Energy Superpower, think again. As with the NEP, the next 4 years will be a repeat of “killing the goose that laid the golden egg”.
Bills that hinder oil and gas development will persist. Emission caps and carbon taxes will curb investment and slow production growth. Even though Carney, in his speeches, tries to make you think otherwise, ideologically-driven future plans will tend to prioritize clean energy over conventional oil and gas development.
What does this mean? It means we will not be taking full advantage of what Canada has to offer the world.
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