Page 17 - December 7 2020
P. 17
Includes process colour pages 1,4,5,7,10,11,14,15,18,20,21,24
THE WEEKLY ANCHOR
PAGE 10 MONDAY SEPTEMBER 14, 2020
THE WEEKLY ANCHOR MONDAY DECEMBER 7, 2020 PAGE 17
A Monthly update on the Oil & Gas and Energy Industry
ENERGY EDUCATION IN ACTION
Town Council presented with an update from CAPP
continued from page 16
year,” said McTaggart. "And we're benefits and prosperity for Indigenous Canadian portion of the Enbridge project
looking at about less than half that by the communities, advancing environmental is now complete, and Transmountain is
end of 2020.” leadership at home and abroad, and building currently under construction.
McTaggart then presented CAPP's wealth and value while shrinking Canada's TC's Keystone XL is likely the project
industry forecast, which exposes changes debt. with the most focus right now because of
in the global energy mix. She noted CAPP McTaggart also shared the results of their the US election, but as McTaggart
is still committed to the Paris Climate third-party polling, which CAPP feels allows explained, the project should already be
Agreement, but one interesting change is them to align the industry with the values of at a point-of-no-return come January
that with Joe Biden coming into office, the Canadians. when Biden is inaugurated.
United States is expected to rejoin that Economic Recovery concerns took the top To conclude the presentation,
agreement. spot in the poll, which was focused on finding McTaggart spoke on the Federal Clean
The chart showed global renewables the priorities of Canadians. Health Care was in Fuel Standards Policy as something
contributing to demand, which shows a 400 second, followed by “Ensuring we can CAPP is looking closely at. They predict
% increase between 2018 and 2040, produce what we need in Canada,” McTaggart the policy will take off, which in turn will
making this their largest growth space. said. Deficit Reduction was in fourth, and in demand additional regulations on fuel
Natural gas is close behind in terms of fifth position was Personal Tax Reduction. For standards. This would have huge effects
increase, and after 2040 it will become the the first time ever, the Environment was also for the Agricultural sectors, Oil and Gas, Event Reminder
leading energy source globally. found to be among the top ten priorities of or any industry that uses large amounts of
McTaggart then spoke on CAPPS' Canadians. fuel. McTaggart noted CAPP is
current outlook. “We've had quite a few As McTaggart veered close to the end of the supportive of the Clean Fuel Standards May 9: For mental health week, join
the Town of Edson for Darkness to
challenges in 2014 and 2015 when we saw update, she discussed the current state of the Policy, as they've “seen it work in other
the first recession, and we've seen a steady three main projects happening across the jurisdictions.” Light – Mental Health Awareness. Join
decline in capital investment in an country right now, including the More information on the state of the the community and place luminaries or
international perspective, especially from Transmountain Expansion Project, the i n d u s t r y c a n b e f o u n d a t a simple candle outside your home to
the United States,” said McTaggart. “The Enbridge Line 3 Replacement, and the www.context.capp.ca. u n i t e f o r a l i g h t a t d a w n
US used to be Canada's number 1 customer, TransCanada Keystone XL project. The (approximately 5:10 am).
now they're our number 1 competitor.”
With the US rejoining the Paris Climate
Agreement, CAPP forecasts they'll see
more methane and carbon legislation from
an emissions point of view, so the US may
not be as willing to be onboard with mass
producing methane oil and natural gas.
McTaggart continued her presentation
showing more of CAPP's current priorities
which includes creating and retaining good
jobs in Canada, generating pan-Canadian
Industry supporters of responsible energy
THE WEEKLY ANCHOR
PAGE 10 MONDAY SEPTEMBER 14, 2020
THE WEEKLY ANCHOR MONDAY DECEMBER 7, 2020 PAGE 17
A Monthly update on the Oil & Gas and Energy Industry
ENERGY EDUCATION IN ACTION
Town Council presented with an update from CAPP
continued from page 16
year,” said McTaggart. "And we're benefits and prosperity for Indigenous Canadian portion of the Enbridge project
looking at about less than half that by the communities, advancing environmental is now complete, and Transmountain is
end of 2020.” leadership at home and abroad, and building currently under construction.
McTaggart then presented CAPP's wealth and value while shrinking Canada's TC's Keystone XL is likely the project
industry forecast, which exposes changes debt. with the most focus right now because of
in the global energy mix. She noted CAPP McTaggart also shared the results of their the US election, but as McTaggart
is still committed to the Paris Climate third-party polling, which CAPP feels allows explained, the project should already be
Agreement, but one interesting change is them to align the industry with the values of at a point-of-no-return come January
that with Joe Biden coming into office, the Canadians. when Biden is inaugurated.
United States is expected to rejoin that Economic Recovery concerns took the top To conclude the presentation,
agreement. spot in the poll, which was focused on finding McTaggart spoke on the Federal Clean
The chart showed global renewables the priorities of Canadians. Health Care was in Fuel Standards Policy as something
contributing to demand, which shows a 400 second, followed by “Ensuring we can CAPP is looking closely at. They predict
% increase between 2018 and 2040, produce what we need in Canada,” McTaggart the policy will take off, which in turn will
making this their largest growth space. said. Deficit Reduction was in fourth, and in demand additional regulations on fuel
Natural gas is close behind in terms of fifth position was Personal Tax Reduction. For standards. This would have huge effects
increase, and after 2040 it will become the the first time ever, the Environment was also for the Agricultural sectors, Oil and Gas, Event Reminder
leading energy source globally. found to be among the top ten priorities of or any industry that uses large amounts of
McTaggart then spoke on CAPPS' Canadians. fuel. McTaggart noted CAPP is
current outlook. “We've had quite a few As McTaggart veered close to the end of the supportive of the Clean Fuel Standards May 9: For mental health week, join
the Town of Edson for Darkness to
challenges in 2014 and 2015 when we saw update, she discussed the current state of the Policy, as they've “seen it work in other
the first recession, and we've seen a steady three main projects happening across the jurisdictions.” Light – Mental Health Awareness. Join
decline in capital investment in an country right now, including the More information on the state of the the community and place luminaries or
international perspective, especially from Transmountain Expansion Project, the i n d u s t r y c a n b e f o u n d a t a simple candle outside your home to
the United States,” said McTaggart. “The Enbridge Line 3 Replacement, and the www.context.capp.ca. u n i t e f o r a l i g h t a t d a w n
US used to be Canada's number 1 customer, TransCanada Keystone XL project. The (approximately 5:10 am).
now they're our number 1 competitor.”
With the US rejoining the Paris Climate
Agreement, CAPP forecasts they'll see
more methane and carbon legislation from
an emissions point of view, so the US may
not be as willing to be onboard with mass
producing methane oil and natural gas.
McTaggart continued her presentation
showing more of CAPP's current priorities
which includes creating and retaining good
jobs in Canada, generating pan-Canadian
Industry supporters of responsible energy
