Energy, environment and economy [Gas in Transition]

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Summary

Any discussion of net zero requires rethinking environmental and social governance (ESG) practices. The missing link? economic, according to Canadian oil and gas industry thought leader Mac Van Wielingen. [Gas in Transition, Volume 1, Issue 7]

through: Shaun polczer

It has long been assumed that all discussions of energy and the environment are – by definition – incompatible when it comes to reducing Canada’s greenhouse gas footprint to net zero by 2050. Environmental stewards and industry champions have long struggled to redefine the energy policy landscape amid their conflicting views on what it should entail. However, a new article for the School of Public Policy at the University of Calgary suggests a missing link that could link the future direction of Canada’s energy sector in a Net Zero world: the economy. The paper, written by Calgary-based energy thought leader Mac Van Wielengen – known simply as the ‘Big Mac’ to his peers – makes business and social arguments for reducing Canada’s emissions and attracting the billions of dollars of investment that will be needed to build the infrastructure necessary to meet the country’s noble commitments under the Paris Agreement. And he insists it’s doable within manageable limits …


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