Stephen Legault

Good luck, Sara. I know that things will turn out well.

Very helpful, Sara. Thank you.

New Frontiers: Alberta's Path to Economic Renewal - Environmental Defence Alberta stands at a crossroads. For over fifty years, oil and gas have powered our economy, but global markets are shifting decisively toward renewable energy. This is both a potential crisis and an o...

I'm very pleased to present New Frontiers, an energy transition guide for Alberta. This first-of-its-kind document maps out how Canada's most oil-dependent province can end its reliance on crude oil royalties. environmentaldefence.ca/report/new-f... #energytransition

Venezuela shock threatens to deepen Alberta's budget woes Alberta is facing its toughest fiscal situation since COVID as a possible flood of Venezuelan oil depresses heavy crude prices. Read here

"Despite years of efforts to lessen its dependence on oil and revenue, including through a provincial fund to invest oil and gas royalties, Alberta’s economic fortunes still rise and fall on crude prices." We keep putting eggs in this flaming basket of nightmares. financialpost.com/commodities/...

I don't use a hair drier either....

Rare Brand-New Oil Sands Project Starts Operating in Alberta - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com Blackrod SAGD goes full-scale after 15 years of pilot testing By Deborah Jaremko Follow CEC on LinkedIn  CEC LinkedIn Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter The Blackrod...

The 1st new oil sands operation in 8 years is now online, extracting 45,000 barrels per day. Over the course of the year, that means about 1.1 million tonnes CO₂e/year. Add that to Alberta's 260 mega tonnes and the trend line continues to move in the wrong direction. energynow.com/2026/01/rare...

Well, congratulations Robson. This is a bold move. I've consulted, on and off, for more than 25 years, and can attest to its highs and lows. Always keep a close eye on your client pipeline, even when you're run off your feet. Good luck!

You know what word I can't spell, and until recently didn't really have to? Venezuela. I have a new personal goal.

A global peace plan: Stop burning fossil fuels We must stop using fossil fuels now, for the sake of the climate, but also to bring about greater global peace and stability.

An interesting read by the venerable David Suzuki on the relationship between oil wealth, climate, and global conflict: rabble.ca/environment/...

Venezuelan heavy oil coming on stream could spell a $9-billion Alberta deficit, former energy minister predicts - Alberta Politics Former United Conservative Party energy minister Sonya Savage spoke the truth on Friday when she forcefully suggested on a podcast that without public funding Premier Danielle Smith’s perpetual pipeli...

Common-sense conservatives like Sonja Savage, former UCP Minister of Energy, are warning that the economics of a new pipeline don't work, and that Venezuela heavy crude will eat Alberta's lunch (and the money we need to buy it): albertapolitics.ca/2026/01/vene...

Iran has just announced that unless ICE stops shooting US citizens it will intervene militarily.

Wait a second, I thought this Venezuela thing was about drugs. Boy, do I feel silly.

Here’s why Trump wants Venezuela’s oil The US is the world’s largest oil producer, so why does it need Venezuela’s low-grade crude?

aje.io/8x6n7d this is a very useful explainer on the geopolitics behind Venezuela’s oil economy.

Eby Pitches 'Pivot' From Oil Pipeline to Refinery Talks after Maduro Capture - Canadian Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow British Columbia Premier David Eby said Canada needs to "pivot" from talk of a potential new pipeline carrying oil bound for Asia and instead think about building a new refinery. Eby said Tuesday that...

This issue isn't refinery capacity, it's the available market. Building a refinery in Alberta would take a decade and cost billions, all while the world slowly but surely evolves away from oil and toward renewables. energynow.ca/2026/01/eby-...

#bcpoli #davideby #energytransition

U.S. control of Venezuela’s oil reserves not a threat to Canadian producers, Carney says Speaking at Paris summit on Ukraine, the Prime Minister reiterates that Ottawa welcomes removal of Maduro

The biggest threat to Canadian foreign oil and gas producers isn't the military action in Venezuela; it's the transition happening worldwide from petroleum to renewable energy. Canada and Alberta have their heads in the oil sands; ignoring this shift will spell disaster for our economies.

I have been saying this for some time to students seeking career advice:

the energy sector is one of the most exciting places to work with a huge transformation taking place right now.

Electrification is a game changer and means a redesign of our energy system as we know it.

Forecasts predict lacklustre oil, higher Alberta gas prices in 2026 - Canadian Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow A pair of energy forecasts released Tuesday see lacklustre crude oil prices continuing this year amid a global supply glut and natural gas prices picking up steam as more Canadian shipments make their...

Supply and demand still applies to global oil markets. There is more supply, and will be even more if Venezuela rejoins the export biz, and there is less demand, as China, South Korea, much of Europe and large parts of Africa embrace the energy transition. energynow.ca/2026/01/fore...

It's possible that the world will look at what has happened in Venezuela and conclude that the acceleration of the current energy transition is the only way to ensure a livable planet, national sovereignty, and a functioning socio-economic society.

Opinion: Canadian energy producers face an oil glut that undermines the case for more pipelines The threat of major new supply from Venezuela is not what’s behind the drops in oil sands stocks

US oil giants have noted that had Trump consulted them about Venezuela, they would have warned him that the cost to reestablish that country's oil sector would be tens of billions, and take a decade. Imagine the gall of a CEO who expects to be consulted about an illegal military operation.

Canada needs new pipeline urgently to counter Venezuelan oil surge, Strathcona chair says Canadian tycoon Adam Waterous says approvals for major nation-building projects needs to be three months to remain competitive

Oil tycoons hear the word "chaos" and think, How can I make money from this clearly illegal action? The next thing they think is, Can I use this international embarrassment to press my case to build another unnecessary pipeline? www.theglobeandmail.com/business/art...

Statement in Response to Recent Pro-Oil Arguments for New Bitumen Pipelines  - Environmental Defence By Stephen Legault, Senior Manager, Alberta Energy Transition, Environmental Defence Canmore | Traditional territories of the Treaty 7 Nations – Pro-oil

Pro-oil commentators are currently lining up to argue that the U.S. attack on Venezuela and the possible future production of tar sands look-alike heavy crude mean that Canada should diversify its exports...Does that make sense? Read EDC's entire statement: environmentaldefence.ca/2026/01/05/s...

The US relationship with Venezuela oil production started in the 1920's and by the 1970's Venezuela was a major supplier to the US. Alberta increasingly filled that void in the 1980s, and now 97% of our exports go to the USA. What happens now?

Canada Alberta Pipeline Deal Secures $15 Billion Carbon Capture Investment Canada Alberta pipeline deal adds 1M barrel capacity expansion with $15B carbon capture in groundbreaking energy framework.

According to one source (discoveryalert.com.au/canada-energ...) the success of the Canada-Alberta pipeline deal, with access to Asian markets, requires completion of the pipeline and Carbon Capture infrastructure by 2030. Four years from now. The last pipeline expansion took twelve years. Good luck.

Climate disasters in 2025 threatened people's ability to respond and adapt, scientists say | CBC News Climate change worsened by human behavior made 2025 one of the three hottest years on record, scientists said.

But to do so, we'll need a much more dramatic effort to adapt to #climatedisruption and #disaster. Will 2026 be the year we breakthrough, or breakdown? www.cbc.ca/news/science...

#climateaciton #climateresilience #abpoli #canpoli #enviromentaldefence

ANALYSIS | COP30 failed to land a deal on the fossil fuel transition. Countries are moving forward anyway | CBC News Countries failed to reach a deal on fossil fuels at the recent UN climate summit in Brazil. But the fact that it was put on the agenda shows global momentum is continuing to build.

One thing is for certain; the world is struggling forward with an energy transition, regardless of what the robber barons in the oil industry or government's do to stop it: www.cbc.ca/news/science....

#climateaction #energytransition #environmentaldefence

Environment Minister Rebecca Schulz resigns, reports the CBC and Calgary Herald. Thank you for your service, Minister, through I would have preferred had you focused on protecting the environment rather than subbing in as Minister of Energy, promoting carbon intense energy at every turn.

Something I'll be watching in 2026: if the promised British Columbia/Alberta legislated plan to restore nearly one gigawatt of transfer capacity on their 500 kV AC intertie. The numbers mean less than hoped for execution of a plan to kickstart the western leg of a national electricity system.

To put things in perspective, 10.7 gigawatts - which Alberta cancelled when it placed a moratorium and restrictions on renewable energy - could power 7x the homes in the province. AB wiped more than $4 billion in annual revenue from its books (if the power had been sold on the wholesale market).

"Alberta lost 10.7 gigawatts of clean energy capacity in the two years after the province slapped a moratorium on renewable energy, enough to meet 109% of its average power demand and 89% of its peak demand," reports The Energy Mix. So much for a free and prosperous society.

YouTube video by Barry Cordingley 𝗥𝗲𝗮𝗱𝘆 𝘁𝗼 𝘀𝗲𝗲 𝗮 𝘀𝗶𝗱𝗲 𝗼𝗳 𝗽𝗼𝗹𝗶𝘁𝗶𝗰𝘀 𝘁𝗵𝗲 𝗽𝘂𝗯𝗹𝗶𝗰 𝗿𝗮𝗿𝗲𝗹𝘆 𝘄𝗶𝘁𝗻𝗲𝘀𝘀𝗲𝘀?

I've been saving this for a cold hard day in December, and today was the day, and boy was it worth the wait. My favourite lines were the ones that created the deepest groans. Well done Mr. Leader, you've proven that tragedy is the best source of comedy. www.youtube.com/watch?v=ZVfw...