Money will be used to develop emissions reduction technologies, and is to be funded by a carbon levy heavy CO2 emitters have paid into since 2007.
Letter says more companies will enter the market if there’s certainty, bids for projects will be lower.
Properties currently produce the equivalent of 24,850 barrels of oil a day.
Cuts stem from organizational review launched in Q1.
Saskatchewan premier instead wants that $2.6-billion added to the existing $2-billion federal low-carbon economy trust.
Environmentalist argues big oil companies don’t need public subsidy to invest in the basic R&D.
Teams have a year to demonstrate how they will find profitable uses for carbon dioxide produced by power plants.
The panels can hold 250,000 pounds, which is three times the legal limit for a semitrailer.
Pipeline Safety Act would bring down the minimum amount of “readily available” money to at least 5% of a company’s liability from 10%.
PM said lack of environmental leadership by former Conservative government added to Alberta’s economic woes,
Stricter water taking permit requirements would include studies on the cumulative impact on local supplies.
Price of service for new 10-year contracts is between 75 cents and 82 cents per gigajoule.
Presidential candidate’s plan supports carbon capture, but does not include a carbon tax.
Long term expansion is expected, but developing opportunities will require investment.
Ontario Liberals predict cap-and-trade will add about $5 a month to heating bills, four cents per litre to gas prices.