OPEC – mackaycartoons

Thursday November 30, 2023

November 30, 2023 by Graeme MacKay

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Thursday November 30, 2023

Navigating Diplomacy at COP28: Guilbeault’s Uphill Battle

November 4, 2023

As the world anticipates the United Nations summit on climate change, the focus broadens beyond the global initiatives to combat environmental challenges, delving into the intricate dynamics of diplomacy within the conference halls. Canada’s Environment Minister, Steven Guilbeault, once a fervent advocate for climate action, now faces a unique challenge as he steps into the complex tapestry of COP28.

Guilbeault’s journey through COP28 takes an unexpected turn with the presence of Premier Danielle Smith and Premier Scott Moe of Alberta and Saskatchewan. Their approach to the conference diverges from the global narrative of reducing reliance on fossil fuels, appearing more inclined towards sustaining the fossil fuel industry in their provinces.

Analysis: Alberta could lead the energy transition. But Danielle Smith’s approach and Ottawa’s subsidies are a toxic combination

May 31, 2023

Premier Smith ardently champions Alberta’s “clean” fossil fuel industry, particularly emphasizing carbon capture and storage (CCS) as a solution to cut emissions. However, recent reports from the International Energy Agency cast doubt on the global efficacy of CCS, challenging its status as a transformative solution.

As Premier Smith confidently strides into COP28, accompanied by over a hundred Alberta delegates, the inherent conflict of interest becomes apparent. The conference, hosted by Sultan Ahmed Al Jaber, CEO of the UAE’s national oil company, ADNOC, and the UAE’s climate envoy, raises suspicions of a conflict of interest, especially with leaked documents indicating Al Jaber’s intention to broker oil and gas deals during the conference.

This sets the stage for an uncomfortable encounter between Smith and Guilbeault. Smith’s dismissal of Guilbeault as a “maverick” who “doesn’t seem to care about the Constitution” adds a layer of tension. While the federal government’s alignment with Alberta on promoting carbon capture and storage might offer a semblance of common ground, Smith’s move to invoke the sovereignty act against federal Clean Electricity Regulations hints at a deeper divide.

News: COP28: UAE planned to use climate talks to make oil deals

November 18, 2022

Guilbeault, tasked with advancing Canada’s commitment to fighting climate change, finds himself navigating a complex diplomatic landscape. As Premier Smith revels in her pro-oil-and-gas message, Guilbeault stands at the forefront, grappling with the clash between provincial and federal interests. It’s a delicate dance where finding common ground may prove elusive, especially considering the apparent disparity between the goals of the Prairie premiers and the broader global agenda for sustainability.

In this complex diplomatic ballet at COP28, Guilbeault represents the struggle to reconcile conflicting interests for the greater environmental good, a task that becomes even more challenging in the face of the unabashed promotion of fossil fuels under the guise of environmental responsibility by Prairie premiers.

The challenges at COP28 are not just about the global fight against climate change but also the nuanced struggles within the delegation halls. Steven Guilbeault finds himself at the heart of this intricate dance, striving to balance conflicting interests while championing the broader environmental agenda. (AI)

Friday November 18, 2022

November 18, 2022 by Graeme MacKay

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Friday November 18, 2022

Canada won’t back call at COP27 to ‘phase down’ oil and gas production

Canada won’t agree to add language calling for the phaseout of all fossil fuels — including oil and gas — to the final agreement at this year’s United Nations climate talks in Egypt, Environment Minister Steven Guilbeault said Thursday.

November 10, 2021

The agreement from the UN conference in Scotland last year called for countries to move faster to get rid of coal-fired electricity plants that are not abated with technology to capture emissions. It was the first time a COP pact included any reference to reducing any kind of fossil fuel use.

India spent the last two weeks of COP27 negotiations pushing to add oil and gas to that paragraph in this year’s final pact.

The European Union said it was supportive of the idea as long as it does not weaken the language on coal. United States climate envoy John Kerry said the U.S. was on board as long as it applies only to “unabated” oil and gas.

But there was no sign of any such language in the draft text of the COP27 pact released Thursday. The final draft was still being negotiated as the two-week climate talks near their final day Friday.

Canada backed the coal language last year, but Guilbeault said it’s not open to adding oil and gas to the pact this year.

April 11, 2018

During a one-on-one conversation in Egypt Thursday with Climate Action Network Canada’s national policy Caroline Brouillette, Guilbeault said Canada’s focus is on regulations and policies that curb greenhouse gas emissions, like regulations on how much methane oil and gas producers can emit.

It’s also focusing on reducing demand for fossil fuels with policies that promote energy conservation alternatives, such as electric vehicles, clean power and more efficient buildings.

He said if Canada backed the addition of oil and gas phaseout language it would prompt pushback from the provinces, including in court.

“Everything we do is challenged in the court,” he said. (Carbon) pricing was challenged, our plastic pollution regulations were challenged, our environmental impact assessment is being challenged — either by provinces or companies, or both. And if we’re not on very solid legal ground, we will lose in front of the tribunals and that doesn’t help anyone.“

October 28, 2021

Guilbeault said Canada hasn’t been challenged over plans to phase out coal, but is on almost everything it does on the oil and gas side.

“We have to be super careful in terms of what we do … that what we do will hold in court,” he said. “Otherwise we’re wasting time, and precious time, to fight climate change.”

Julia Levin, national climate program manager for Environmental Defence, called that a disappointing excuse.

“I’d say it’s clear that the government of Canada is beholden to fossil fuel lobbyists and putting their interests ahead of public welfare,” said Levin.

She added that Canada’s position is strange, considering the agreement would likely have included the same abatement provision as coal. While Levin doesn’t back carbon capture and storage as a serious solution to cutting emissions, she said even that would be “a clear signal that, according to the U.S. and others, the age of oil and gas is over.”

November 4, 2021

The Canadian Association of Petroleum Producers, meanwhile, said getting lower-emission oil and natural gas to international markets is paramount for its members.

“As global demand for natural gas and oil will remain strong for decades, Canada has a role to play in providing safe and lower emission resources to the world’s energy mix,” said Lisa Baiton, CAPP’s president and CEO, in a written statement.

The hope in Egypt is that countries would reach a consensus on action to cut greenhouse gas emissions enough to still make it realistic to reach the goal of limiting global warming to no more than 1.5 C. (The Peterborough Examiner)

From sketch to finish, see the current way Graeme completes an editorial cartoon using an iPencil, the Procreate app, and a couple of cheats on an iPad Pro … These sped up clips are posted to encourage others to be creative, to take advantage of the technology many of us already have and to use it to produce satire. Comfort the afflicted. Afflict the comforted.

Wednesday January 14, 2015

January 13, 2015 by Graeme MacKay

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Wednesday January 14, 2015

The Dominoes Fall Toward Harper

Updated forecasts by TD Economics project that the Conservative government will be in deficit for two years longer than originally planned due to the sudden drop in oil prices and the impact of tax cuts announced in the fall.

Rather than a $1.9-billion surplus in 2015-16 as outlined in Finance Minister Joe Oliver’s fall fiscal update, TD Economics is projecting a $2.3-billion deficit, followed by a $600-million deficit the following year. The return to surplus would be pushed back to the 2017-18 fiscal year.

However, the report cautions that the government has put aside $3-billion a year for unforeseen events and that amount could still be enough to post slim surpluses in the coming years. It would not be enough, though, to allow the government to announce major new spending in the 2015 federal budget. (Source: Globe & Mail)

Meanwhile, the Conference Board of Canada is predicting that Alberta will slip into a recession before the end of 2015.

It says the plunging price of oil is impacting all areas of the economy from corporate investment and hiring to consumer spending.

“The province is certain to suffer, especially on the employment front, from the drop in oil prices — and it is likely to slip into recession,” said a report by Conference Board of Canada economist Daniel Fields.

During Alberta’s last recession, roughly 30,000 jobs were lost and housing starts fell by 75%. If prices do not recover soon, Alberta could take a similar hit, according to the Conference Board. (Source: CBC News)

Tuesday December 9, 2014

December 8, 2014 by Graeme MacKay

OPEC’s decision ushers in new world of oil

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Tuesday December 9, 2014

OPEC’s decision to cede no ground to rival producers underscored the price war in the crude market and the challenge to U.S. shale drillers.

Terence Corcoran: Nobody can truly say what the real price of oil should be — but looking at OPEC’s blowout, the world may be getting closer to the right number. Read on

The 12-nation Organization of Petroleum Exporting Countries kept its output target unchanged even after the steepest slump in oil prices since the global recession, prompting speculation it has abandoned its role as a swing producer. Thursday’s decision in Vienna propelled futures to the lowest since 2010, a level that means some shale projects may lose money.

“We are entering a new era for oil prices, where the market itself will manage supply, no longer Saudi Arabia and OPEC,” said Mike Wittner, the head of oil research at Societe Generale SA in New York. “It’s huge. This is a signal that they’re throwing in the towel. The markets have changed for many years to come.”

The fracking boom has driven U.S. output to the highest in three decades, contributing to a global surplus that Venezuela Thursday estimated at 2 million barrels a day, more than the production of five OPEC members. Demand for the group’s crude will fall every year until 2017 as U.S. supply expands, eroding its share of the global market to the lowest in more than a quarter century, according to the group’s own estimates.

mand for the group’s crude will fall every year until 2017 as U.S. supply expands, eroding its share of the global market to the lowest in more than a quarter century, according to the group’s own estimates. (Source: Financial Post)