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Shell scales back emissions goals, says cutting oil and gas production is ‘not healthy’

Published

1 year ago

6 minute read

From LifeSiteNews

By Anthony Murdoch

The company’s report mentions that its 2035 ‘net carbon intensity’ target has been ‘retired’ due to ‘uncertainty in the pace of change in the energy transition.’

Shell, a major oil and gas supplier in Canada whose federal government has openly called for the end of fossil fuels, announced that it will not meet its planned 2035 emissions targets.

Wael Sawan, the Anglo-Dutch company’s Canadian CEO, noted in Shell’s latest “energy transition strategy” update that “We believe the world will continue to need oil and gas for many years.”

The company had set a target to reduce its so-called ‘net carbon intensity’ to 20% by 2030 but revised the goal to 15%.

Shell said that “cutting oil and gas production,” the objective of the Canadian government, “is not healthy” for the global energy system.

Shell’s report mentions that its 2035 target has been “retired” due to “uncertainty in the pace of change in the energy transition.”

The company still says it has a net-zero target by 2050, but this is not set in stone because “if society is not net-zero in 2050,” then there would be a “significant risk that Shell may not meet this target.”

Shell plans to increase its LNG production by 30%. “Investment in oil and gas will be needed because demand for oil and gas is expected to drop at a slower rate than the natural decline rate of the world’s oil and gas fields, which is 4-5% a year,” the company said.

Other major oil and gas producers such as ExxonMobil, BP, and Canadian company Suncor have all scaled back their own emissions reduction plans.

Faced with the realities of a consumer-driven market and without government interference such as rebates or mandates, studies show that people prefer gas-powered cars over electric vehicles, which are being touted by governments as the saviors to solving what they claim is a “climate change” crisis.

Trudeau’s government is trying to force net-zero regulations on all Canadian provinces, notably on electricity generation, as early as 2035. Alberta is adamantly opposed.

Natural gas and coal are abundant in Canada, notably in Alberta, a province in which Shell has a major presence. In the new year, an extreme cold snap sent temperatures plummeting to nearly minus-50 degrees Celsius (minus-58 degrees Fahrenheit) in much of western Canada. It was so cold that the province of Alberta’s power grid almost collapsed due to a failure of wind and solar power.

Alberta Premier Danielle Smith has been a fierce opponent of Trudeau’s green energy agenda. Earlier this month, she said her province will continue to rely on carbon-based fuel sources for power generation for decades to come after introducing sweeping new regulations restricting the development of so-called “renewable” energy generation from wind turbines and solar farms, saying these types of technologies are not the “silver bullet” the federal government claims they are for power generation.

The Trudeau government has gone as far as to say they will not fund new road projects, all in the name of “climate change,” as was reported by LifeSiteNews last month. Both Smith and Premier Doug Ford of Ontario tore into Guilbeault after he said the federal government would no longer fund any road construction projects and instead funnel the savings to “climate change” projects that promote people walk instead of drive.

Smith has been battling the minister for the last few months over his extreme climate change policies that seek to destroy Alberta’s oil and gas sector.

The reduction and eventual elimination of the use of so-called “fossil fuels” and a transition to unreliable “green” energy has been pushed by the World Economic Forum (WEF) – the globalist group behind the socialist “Great Reset” agenda – an organization in which Trudeau and some of his cabinet are involved.

Canada has the third largest oil and gas reserves in the world, with most of it in Alberta. However, since taking office in 2015, Trudeau has continued to push his radical environmental agenda  similar to the agendas being pushed the WEF’s “Great Reset” and the United Nations’ “Sustainable Development Goals.”

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Business

Natural gas pipeline ownership spreads across 36 First Nations in B.C.

Published on June 14, 2025

By

Chief David Jimmie is president of Stonlasec8 and Chief of Squiala First Nation in B.C. He also chairs the Western Indigenous Pipeline Group. Photo courtesy Western Indigenous Pipeline Group

From the Canadian Energy Centre

Stonlasec8 agreement is Canada’s first federal Indigenous loan guarantee

The first federally backed Indigenous loan guarantee paves the way for increased prosperity for 36 First Nations communities in British Columbia.

In May, Canada Development Investment Corporation (CDEV) announced a $400 million backstop for the consortium to jointly purchase 12.5 per cent ownership of Enbridge’s Westcoast natural gas pipeline system for $712 million.

In the works for two years, the deal redefines long-standing relationships around a pipeline that has been in operation for generations.

“For 65 years, there’s never been an opportunity or a conversation about participating in an asset that’s come through the territory,” said Chief David Jimmie of the Squiala First Nation near Vancouver, B.C.

“We now have an opportunity to have our Nation’s voices heard directly when we have concerns and our partners are willing to listen.”

Jimmie chairs the Stonlasec8 Indigenous Alliance, which represents the communities buying into the Enbridge system.

The name Stonlasec8 reflects the different regions represented in the agreement, he said.

The Westcoast pipeline stretches more than 2,900 kilometres from northeast B.C. near the Alberta border to the Canada-U.S. border near Bellingham, Wash., running through the middle of the province.

Map courtesy Enbridge

It delivers up to 3.6 billion cubic feet per day of natural gas throughout B.C. and the Lower Mainland, Alberta and the U.S. Pacific Northwest.

“While we see the benefits back to communities, we are still reminded of our responsibility to the land, air and water so it is important to think of reinvestment opportunities in alternative energy sources and how we can offset the carbon footprint,” Jimmie said.

He also chairs the Western Indigenous Pipeline Group (WIPG), a coalition of First Nations communities working in partnership with Pembina Pipeline to secure an ownership stake in the newly expanded Trans Mountain pipeline system.

There is overlap between the communities in the two groups, he said.

CDEV vice-president Sébastien Labelle said provincial models such as the Alberta Indigenous Opportunities Corporation (AIOC) and Ontario’s Indigenous Opportunities Financing Program helped bring the federal government’s version of the loan guarantee to life.

“It’s not a new idea. Alberta started it before us, and Ontario,” Labelle said.

“We hired some of the same advisors AIOC hired because we want to make sure we are aligned with the market. We didn’t want to start something completely new.”

Broadly, Jimmie said the Stonlasec8 agreement will provide sustained funding for investments like housing, infrastructure, environmental stewardship and cultural preservation. But it’s up to the individual communities how to spend the ongoing proceeds.

The long-term cash injections from owning equity stakes of major projects can provide benefits that traditional funding agreements with the federal government do not, he said.

Labelle said the goal is to ensure Indigenous communities benefit from projects on their traditional territories.

“There’s a lot of intangible, indirect things that I think are hugely important from an economic perspective,” he said.

“You are improving the relationship with pipeline companies, you are improving social license to do projects like this.”

Jimmie stressed the impact the collaborative atmosphere of the negotiations had on the success of the Stonlasec8 agreement.

“It takes true collaboration to reach a successful partnership, which doesn’t always happen. And from the Nation representation, the sophistication of the group was one of the best I’ve ever worked with.”

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Business

Trump: ‘Changes are coming’ to aggressive immigration policy after business complaints

Published on June 12, 2025

By

From The Center Square

By

“So we’re going to have an order on that pretty soon – we can’t do that to our farmers and leisure too, hotels, we’re going to have to use a lot of common sense on that.”

President Donald Trump said Thursday that changes are coming to his aggressive immigration policies after complaints from farmers and business owners.

“Our great Farmers and people in the Hotel and Leisure business have been stating that our very aggressive policy on immigration is taking very good, long time workers away from them, with those jobs being almost impossible to replace,” Trump wrote in a social media post Thursday morning. “In many cases the Criminals allowed into our Country by the VERY Stupid Biden Open Borders Policy are applying for those jobs. This is not good. We must protect our Farmers, but get the CRIMINALS OUT OF THE USA. Changes are coming!”

Later Thursday, Trump made it clear that businesses need workers.

“Our farmers are being hurt badly. They have very good workers – they’re not citizens, but they’ve turned out to be great. And we’re going to have to do something about that,” the president said.

He added: “We can’t take farmers and take all their people and send them back because they don’t have, maybe, what they’re supposed to have.”

Just how Trump may change his approach to immigration enforcement remains unclear, but he said he wants to help farmers and business owners.

“You go into a farm and you look and people, they’ve been there for 20 or 25 years and they work great and the owner of the farm loves them and you’re supposed to throw them out. You know what happens? They end up hiring the criminals that have come in, the murderers from prisons and everything else,” Trump said.

Trump said changes would be coming soon, but gave little detail on how policies could change.

“So we’re going to have an order on that pretty soon – we can’t do that to our farmers and leisure too, hotels, we’re going to have to use a lot of common sense on that.”

In a later post on Truth Social, Trump said illegal immigration had destroyed American institutions.

“Biden let 21 Million Unvetted, Illegal Aliens flood into the Country from some of the most dangerous and dysfunctional Nations on Earth — Many of them Rapists, Murderers, and Terrorists. This tsunami of Illegals has destroyed Americans’ Public Schools, Hospitals, Parks, Community Resources, and Living Conditions,” the president wrote. “They have stolen American Jobs, consumed BILLIONS OF DOLLARS in Free Welfare, and turned once idyllic Communities, like Springfield, Ohio, into Third World Nightmares.”

He added that deportations would continue: “I campaigned on, and received a Historic Mandate for, the largest Mass Deportation Program in American History. Polling shows overwhelming Public Support for getting the Illegals out, and that is exactly what we will do. As Commander-in-Chief, I will always protect and defend the Heroes of ICE and Border Patrol, whose work has already resulted in the Most Secure Border in American History. Anyone who assaults or attacks an ICE or Border Agent will do hard time in jail. Those who are here illegally should either self deport using the CBP Home App or, ICE will find you and remove you. Saving America is not negotiable!”

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