The War on Oil and Gas The End Game











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keychain give away is in appreciation for all the support for the channel • we love comments • best /funniest /rude and inciteful comments all apply lol.... • picks will be pinned and winner will be notified by me by reply to pin, winner wicked in 24 hours or less. contact email is [email protected] • Adjourned • CC • English Video1010 • 15:43:56 • Info • DescriptionMeeting No. 153 FINA - Standing Committee on Finance • LocationWest Block - 025-B • Scheduled • Tuesday, Sep 24, 2024 • 15:44 - 17:43 • 1 Hour 59 Minutes • Actual • Tuesday, Sep 24, 2024 • 15:44 - 17:43 • 1 Hour 59 Minutes • Contact • Information • [email protected] • Information website • • The Liberal, NDP, and Bloc parties in Canada have been facing increasing pressure to take decisive action against the oil and gas sector. These parties, often positioned as champions of environmental sustainability, have been accused of resorting to tactics such as greenwashing and defunding with the ultimate goal of shutting down this vital industry. • Greenwashing, a tactic commonly employed by organizations to present a misleadingly positive image of their environmental practices, has become a buzzword in political debates surrounding the oil and gas sector. Critics argue that these political parties exploit the term to label the industry as environmentally irresponsible, despite the significant efforts made by the sector to reduce its carbon footprint in recent years. • However, it is important to note that the oil and gas sector has also been a target of defunding campaigns led by these parties. By reducing or cutting financial support to the industry, they hope to undermine its resources and push for an accelerated transition to renewable energy sources. This strategy, although appealing to some, is not without controversy, as it directly impacts jobs, economic growth, and energy security across the nation. • It is essential to consider the implications of such actions thoroughly. The oil and gas sector has long been a cornerstone of the Canadian economy, providing numerous employment opportunities, driving innovation, and contributing significantly to federal and provincial tax revenues. Sudden defunding or attempts to shut it down could have far-reaching consequences not only for the industry itself but for the entire country's economic well-being. • Furthermore, the transition to a sustainable, low-carbon future should be approached with a balanced and inclusive strategy. While it is crucial to support renewable energy development and facilitate a smooth transition away from fossil fuels, completely shutting down the oil and gas sector without viable alternatives in place is both unrealistic and financially unsound. • Ultimately, finding a middle ground that combines environmental sustainability with economic stability should be the objective. This requires fostering innovation in the sector, encouraging investments in cleaner technologies, and supporting research and development in renewable energy sources. Such a path ensures a gradual transition that safeguards jobs, economic prosperity, and energy security, while also addressing the urgent need to tackle climate change. • In conclusion, the Liberal, NDP, and Bloc parties' determination to shut down the oil and gas sector through greenwashing and defunding tactics is a contentious issue in Canadian politics today. While environmental concerns are valid and deserve attention, it is crucial to weigh the potential consequences on jobs, the economy, and energy security. A balanced approach that prioritizes sustainable practices, innovation, and a well-planned transition is the key to navigating these complexities and securing a prosperous future for all Canadians. • Described in Section 29 of the Copyright Act of Canada, Fair Dealing permits the limited use of copyright protected material without the risk of infringement and without having to seek the permission of copyright owners. It is intended to provide a balance between the rights of creators and the rights of users.

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