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Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

NuVista Energy Ltd. is an oil and natural gas company. The Company is engaged in the development, delineation and production of condensate, natural gas liquids (NGLs), and natural gas reserves in the Western Canadian Sedimentary Basin. Its focus is on the scalable and repeatable condensate rich Montney formation in the Pipestone and Wapiti areas of the Alberta Deep Basin (Montney). Its core operating areas of Wapiti and Pipestone in the Montney formation are located near the City of Grande Prairie, Alberta, approximately 600 kilometers northwest of Calgary. The Montney Formation is a shale gas and shale oil resource. The Montney formation in the Wapiti area is a thick (200 m+) section of hydrocarbon-charted fine-grained reservoir found at depths ranging from 2,500-3,500 m. It has non-core operations in three additional areas of Alberta (non-core properties outside the greater Wapiti Montney area).


TSX:NVA - Post by User

Comment by Sugareeon Jun 29, 2021 8:30pm
74 Views
Post# 33470918

RE:Canadian stupidity

RE:Canadian stupidityAll i can say is, good luck with that, ROTFLMAO.

Carjack wrote: Canada to ban sale of new fuel-powered cars and light trucks

OTTAWA (Reuters) - Canada will ban the sale of fuel-burning new cars and light-duty trucks from 2035 in an effort to reach net-zero emissions across the country by 2050, Prime Minister Justin Trudeau’s government said on Tuesday.
 

Only zero-emissions cars and trucks can be sold from 2035, according to a statement, adding that a mixture of investments and regulations will help industry transition toward that goal. The government also said it will set interim targets for 2025 and 2030.

“We are committed to aligning Canada’s zero-emission vehicles sales targets with those of the most ambitious North American jurisdictions,” Environment Minister Jonathan Wilkinson said in the statement.

Britain said last year it would ban fuel-powered vehicles from 2030, while the United States has yet to fix a date. California, the largest U.S. auto market, said last year it would move to electric vehicles starting in 2035, and the Canadian province of Quebec has set the same target.

British Columbia is phasing out fuel-powered cars and trucks with a total ban coming into effect in 2040.

“We will work with the United States to harmonize fuel efficiency regulations and we’re investing in consumer rebates, charging stations, business tax breaks and industry transition costs,” Wilkinson added.

Trudeau, 49, has pledged to put Canada, the second-largest country by land mass in the world, on a path to net-zero emissions by 2050. Shifting transportation away from fossil fuels is key to meeting that goal.

Canadians broadly support fighting climate change, and Trudeau is expected to trigger an election as soon as September to rid himself of his dependence on opposition support in a minority parliament.

“Canada cannot reach our greenhouse gas targets if emissions from cars, SUVs and pickups, which are currently growing, are not curtailed,” said Keith Brooks, programs director at advocacy group Environmental Defence, who welcomed the move.


 



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