This paper shows how the US renewable energy just doesn't have the firepower to go head to head w oil and gas.
doi.org/10.1007/s105...

Yup!

Domestic politics definitely vary. Sometimes green asset owners split by tech. EX Iberdrola opposed solar subsidies due to its wind holdings. Many energy firms hold a mix of green/fossil which can lead to pro-fossil behaviour in some cases.

This is brilliant. I want to do this!!!

So the Alberta / Ottawa MOU is Smith pledging her allegiance to Trump, once again.

Have *more* costs

Guilbeault just quit the cabinet.
www.ctvnews.ca/politics/art...

His principles have returned!

Agree 👆

9/ This is reckless climate and economic policy. And magical thinking. Net zero doesn’t happen without reducing fossil fuel supply. At least the US has the cojones to say it doesn’t give a shit about climate. @mark-carney.bsky.social is still pretending that Canada does. FIN

8/ Tho the MOU states its commitment to net zero by 2050, butalmost nothing in it will further that goal. There is nothing about phasing out fossil fuels, or even reducing their extraction / use at all (nuclear notwithstanding).

7/ ‘Simplifying’ regulatory processes, including a 2 year time limit on permits and approvals. Fast tracking will likely come at the cost of substantive consultations with indigenous groups.

6/ Removal of oil and gas emissions cap. Suspension of clean electricity regs, to be supplanted by industrial carbon pricing, which will be increased and put into place in Apr 2026)

3/ More power for AI for Canada and its allies.
4/ Development of a nuclear strategy.
5/ Commitment to reduce methane to 75% below 2014 levels by 2035. (this is good)

2/ The biggest CCUS project in the world to make Alberta’s exceedingly dirty and expensive oil, less dirty and more expensive. Tax credits to incentivize private $$ investments in CCUS, and... wait for it... *including for enhanced oil recovery*. WTAF?

1/ “one or more private sector constructed and financed pipelines.” This is such a risky investment for private $$ I don’t see it happening. But still, we obviously shouldn’t even be talking about building pipelines. It's the energy equivalent investing in VHS tapes in 2025.

See a new and improved version in my new book Existential Politics!

Of course!