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Bullboard - Stock Discussion Forum 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... see more

TSX:NVA - Post Discussion

Nuvista Energy Ltd > Canadian stupidity
View:
Post by Carjack on Jun 29, 2021 7:09pm

Canadian stupidity

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.

Comment by Oldnagger on Jun 29, 2021 7:45pm
Anyone smell an election ? Politicians always play to the LCD ( lowest common denominator for those of you who cannot remember what year you graduated LOL )
Comment by Sugaree on Jun 29, 2021 8:30pm
All i can say is, good luck with that, ROTFLMAO.
Comment by Oldnagger on Jun 30, 2021 7:34am
A belated comment. Readers should look up the definition of liberalism , then they should read JT's policies. See the striking similarities ? Look again , focus , focus, focus ......
Comment by Carjack on Jun 30, 2021 10:37pm
Biden Administration Backs Maine Town To Ban Oil Pipeline From Canada US gas stations are running out of gas then I come across this
Comment by Carjack on Jul 01, 2021 10:28am
30% of a barrel of US oil goes to making gas. I didn't know that until yestetday.