Net zero isn't enough for the anti oil extremists like Steven Guilbeault and Catherine McKenna in Trudeau's cabinet. Now it's abolute zero and absolutely no domestic energy production.
UN Report Attempts to Swap “Net”-Zero with Absolute-Zero Emissionsm Catherine McKenna’s UN High-Level Expert Group on the Net Zero Emissions Commitments of Non-State Entities, was launched at COP27 earlier in November. While probably appealing to climate activists or the likes of Steven Guilbeault, former Greenpeace activist and Canada’s Minister of Environment and Climate Change, it ought to be ignored and launched into the trash. The report effectively seeks to pull out the rug from under Canada’s resource industries by redefining net-zero with the effect that hydrocarbon investment would have to end, while demanding that the industry associations muzzle any criticism against such net-zero policies. Remarkably, it also insists that the industry only be permitted to lobby for more restrictions, euphemistically described as “positive climate action.” Despite the absurd recommendations, the McKenna report has pulled back the veil that, for the Expert Group at least, “net-zero” means “absolute” zero.
As McKenna made clear at the launch of the report at COP27 in Egypt, net-zero means no emissions along the entire value chain. This means hydrocarbon companies would have to account for and capture emissions from their products being combusted. Since that is impossible, the report announces: “Non‑state actors cannot claim to be net zero while continuing to build or invest in new fossil fuel supply….net zero is entirely incompatible with continued investment in fossil fuels.” This type of approach has reduced investment in western hydrocarbon production and significantly contributed to the tight oil and natural gas supply today, globally. There is little indication in the report that energy or economic security have been honestly considered nor, it seems, are the potential implications of such draconian directives assessed for galloping inflation or the cost of living crisis currently experienced throughout western economies, including Canada.
https://pipelineonline.ca/op-ed-un-report-attempts-to-swap-net-zero/?fbclid=IwAR2AIQuwTS1vE1M1HJliqIISUX10H8Df2vyJLIqSSQ41zntb0SmAwHj3EP8#/?playlistId=0&videoId=0