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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, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the... see more

TSX:NVA - Post Discussion

Nuvista Energy Ltd > Chris Sankey: Liberals only consult with Indigenous people w
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Post by Carjack on Aug 18, 2022 7:22pm

Chris Sankey: Liberals only consult with Indigenous people w

Just when First Nations on the west coast were making real economic advances, with the Haisla Nation led Cedar LNG terminal in Kitimat close to becoming a reality and other Indigenous-led projects starting to find investors, the federal government has announced perhaps their most economically destructive and geopolitically oblivious policy yet.

The 2030 Emissions Reduction Plan is actually a production reduction plan which will worsen the energy crisis, handicap Canada’s economy, and jeopardize the best opportunity for Indigenous prosperity since the fishing and fur trade days.

The Liberals may be thinking they’re just keeping a promise to meet their United Nations Paris Agreement commitments. For some reason, despite their treaty obligations, the war in Ukraine, and a global food and energy crisis, this is their most pressing priority. But many Indigenous workers, entrepreneurs and leaders across Canada see this in a very different perspective.

For a decade, dozens of First Nations, from Treaty 8 to the West Coast, have been tirelessly preparing to be part of the LNG boom, from planning upstream production to equity in pipelines to ownership of terminals. We have done this in the face of protesting environmentalists who either ignored us or accused us of being sellouts. We have negotiated the most sophisticated Indigenous equity deals that the world has ever seen, convincing government and industry of our rights to get a fair share of the pie. We’ve ensured common sense protections of our lands and waters so that future generations can still practice our cultures.

Despite indifference amongst nations when it comes to development, we have been seeing success. We are now global players, sitting at the boardroom table as partners. When the CGL pipeline and LNG Canada terminals are complete, Indigenous communities will see revenues start to come in. That is how we build sovereign wealth.

With global demand skyrocketing for natural gas, the Montney Formation’s vast oil and gas resources on Treaty 8 territory in northeast B.C. mean we can expect stable returns for generations. We are proud that natural gas extraction will displace coal use, which this year is hitting record highs — for a lack of natural gas. After 150 years of colonization, marginalization and poverty, this is a game-changing ray of hope for our peoples.

Or it was until last month, when the federal government introduced its plan to cut emissions from the oil and gas sector by 42 per cent in the next seven years. The sector cannot cut emissions by that much while at the same time creating a new LNG export industry. It’s hard to look at the plan without concluding that everything we’ve been building for the past decade is now doomed.

Chris Sankey: Green policies have denied opportunities to First Nations, without any benefit to the planet 

Chris Sankey: Those who support protests and blockades are doing a disservice to Indigenous people 

Did the Liberals consult with any First Nations before planning the demise of Canada’s LNG prospects? Of course not. They only consult with Indigenous people who agree with their plans. What they have done instead is offer two equally unacceptable and narrow options: cap and trade, or carbon pricing. Instead of actual dialogue, Indigenous people can submit their thoughts to a government email address and attend an online engagement session, just like every other stakeholder. There is no way this meets the Crown’s obligation to consult, let alone the UN declaration on the rights of Indigenous peoples. But that’s what’s on offer.

The final insult was the timing. The discussion paper on emissions reduction was announced days before Pope Francis’s visit to Canada, when our nations were preoccupied with the apology and reflecting on the consequences of residential schools. This summer is also an important time, after a two-year hiatus, for our communities to gather for potlatches, powwows and culture camps, not to mention hunting and fishing and being on the land. There is no one to consult with, no one to inform of the drastic economic consequences of this plan. Not only will we have no role in shaping the plan, most Indigenous people won’t even know it is happening until it is too late.

How can you pontificate about nation-to-nation relationships, or make a big deal of passing UNDRIP legislation, then announce plans that undermine the sector which offers dozens of nations the best opportunity for economic self-determination, without out input or consent?

Ottawa doesn’t have legal authority to proceed in this fashion, but it’s just another example of how our nations have to fight for every dollar, every job and every project we’re involved in. Indigenous people are working to give our kids a better life than we had. Will the government ever get out of our way?

Comment by Oldnagger on Aug 18, 2022 7:40pm
Trudeau is the enemy of All Canadian people. First they came for my neighbour ,and I said nothing, then they came for me and there was nobody left to say anything !!
Comment by Oldnagger on Aug 18, 2022 7:44pm
Who do you think is real cozy with TC energy? https://calgaryherald.com/opinion/columnists/varcoe-as-global-natural-gas-prices-soar-alberta-producers-face-astronomical-discount
Comment by Oldnagger on Aug 18, 2022 7:47pm
Even more Liberal cow pie flinging https://boereport.com/2022/08/17/releasing-oilsands-tailings-into-river-only-one-solution-being-considered-guilbeault/ Don't forget the attack on farmers either
Comment by Oldnagger on Aug 18, 2022 7:56pm
At a time when the globe is facing an unprecedented natural gas crisis, whereby coal production is on the uprise and farmers need to scramble everywhere to produce food in face of dramatically increased costs for nitrogen fertilizer. This Turdeau is doing everything he can to block Canadians. His dictates are ugly ,revolting , inhumane and insane !!