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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > Natural gas ban (world wide eventually)
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Post by Duster340 on May 04, 2023 3:57pm

Natural gas ban (world wide eventually)

Isabelle Barroso has been cooking and heating her home with gas her whole life and can't imagine anything else. But that might have to change as Laval is set to become the first municipality in Quebec to ban the installation of new natural gas appliances.

"I always thought gas was clean energy," said Barroso.

"A lot of people will have a hard time adapting to anything other than gas, not just for cooking but for heating […] I'm not a scientist, but I will follow the studies and adapt if I have to."

Alexandre Warnet, who sits on Laval's executive committee and is the person responsible for the environment, said this is an important step toward decarbonizing buildings since natural gas represents about six per cent of all greenhouse gas emissions in Quebec.

"Natural gas for us is clearly not a transition energy. We have the chance to produce green electricity. So, we don't have any excuse to use a product that is mainly composed of methane, which is a destructive energy," he said.

At the beginning of April, the city adopted a resolution that would allow it to draft a bylaw banning natural gas appliances and heating systems in residential units. The ban would not affect homes with existing natural gas heating systems or appliances, though tackling those would be a next step.

"The first step is really making sure that we build a dam stopping the flow of natural gas," said Warnet. "We really want to make sure natural gas is not an option."

Comment by MoreCarbon on May 04, 2023 5:26pm
Nice to see they are blind and that when people can't afford the expensive new home with high electric heating costs I bet they will start handing out rebates. People seem to think that money grows on trees.  Here in BC interior -25C heating costs are for 1100ft2 2 floor house: ±160$ with gas ÷300$ with heat pump ±400$ with electric They should be banning these idiots ...more  
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