Alberta’s hydrocarbon sector faced an uncertain future in a world moving towards lower-carbon energy before the pandemic, with existing trends  accelerating  since March 2020. This uncertainty towards the future of the sector offers both risks and opportunities. The province’s rich natural resource wealth and highly skilled workforce have potential to capture a growing share of the clean technology market, and play a pivotal role in reaching climate targets. In order for Alberta’s oil and gas...

A shift towards a world with drastically lower carbon emissions appears to be in the cards. The UNFCC noted that  global commitments to reach net-zero emissions  from regions, cities, corporations, and countries has doubled since September 2019, and that was before China, Japan, and South Korea  all pledged  to reach net-zero emissions by 2050 or 2060. This transition towards low carbon emission energy sources in global markets will utterly transform resource economies long-term. Canadian...