Alberta energy junior Questerre seeks to test Quebec’s ban onoil

Slettet bruker
QEC 20.01.2022 kl 19:37 1894

Meget interessant artikel 👏👏

https://www.theglobeandmail.com/business/article-questerre-strikes-development-deal-with-quebec-indigenous-group-for/

Jeg er meget glad for, at jeg har aktier i QEC, da det her kun kan gå en vej og det er op op op op 🚀 (oppe med 17% i Canada)
Redigert 20.01.2022 kl 19:50 Du må logge inn for å svare
Vestjyden
20.01.2022 kl 19:43 1824

Elly
Jeg forstår din glæde og entusiasme, men behøver vi en ny tråd for hver artikel
Slettet bruker
20.01.2022 kl 19:45 1787

Del gjerne artikkelen her hvis noen har tilgang
Yzf R1
20.01.2022 kl 19:47 1753

Ligger jo ute ,han driver ikke annet enn spam på alle tråder .
Burde vært kasta ut med steve boy .
Ødlegger heile fora slike folk skjerpings
6710
20.01.2022 kl 19:48 1732

Det er lige nok at fyre en ny tråd af til Ellys glæde, forstår glæden, men ikke flere nye tråde, tak...
sheepman
20.01.2022 kl 19:55 1618

Tja da er det bare å ringe megleren din og kjøpe noen aksjer på Torontobørsen :)

Alberta energy junior Questerre seeks to test Quebec’s ban on oil and gas development
NICOLAS VAN PRAET
MONTREAL
PUBLISHED 2 HOURS AGO
UPDATED 10 MINUTES AGO
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Canadian energy junior Questerre Energy Corp. has struck an economic development pact with an Indigenous group in Quebec to develop a zero-emissions natural gas hub on traditional First Nations territory, a move that kicks against Quebec’s stated ban on any future oil and gas development.

Questerre has signed a preliminary agreement with the Council of the Abenakis of Wolinak focused on developing what it called a “net-zero emissions energy hub” in the Bécancour region, Calgary-based Questerre said in a news release Thursday. The effort will centre on several pilot projects that produce clean energy including natural gas, the company said.

The Abenakis will be given a share in profits from the development on their land, according to the release. And they’ll also have an opportunity to acquire a working interest in Questerre’s exploration licenses and participate in future development.

The deal is a potentially prickly one for Quebec Premier François Legault because it flies in the face of the province’s official position on oil and gas exploration and extraction. Mr. Legault has made it clear in recent months that there will be no further hydrocarbon development in the province and his government has been working on how best to compensate the companies holding some 180 active exploration permits, including Questerre. But dousing the economic growth ambitions of a First Nation could prove problematic.

“This is setting up an interesting showdown with the government,” Questerre Chief Executive Michael Binnion said in an interview, adding that the Abenakis of Wolinak have a long history in Quebec that pre-dates the arrival of French colonists. “Our view is that they should let us go ahead.”

Quebec has enough natural gas to meet its own needs for an estimated 100 years or more, most of it concentrated in the province’s portion of the Utica shale formation along the southern flank of the St. Lawrence River. But it remains untapped after significant public opposition to early drilling efforts, forcing Quebec to buy its gas from producers in Western Canada.

Questerre alone holds the license rights to more than one million gross acres of farmland in the province. The company’s efforts to develop natural gas projects have been repeatedly thwarted by government moratoriums and its market value has collapsed.

Still, the company continues to try to carve out a place for itself in Quebec. It is shifting its resources and attention towards new technologies in a bid to produce clean energy it says could help the province meet its climate goals. And it has spent the last three years building social acceptability for its plans, in part by striking profit sharing deals with towns in the Bécancour area as well as the Abenakis.

“With the many tragic events in Quebec and Canada, we believe that reconciliation has to move beyond words and to real action,” Council Chief Michel Bernard of the Wolinak Abenakis said in a statement. “We are pleased that Questerre has spent the past few years getting to know us, our history and our land in Quebec. They are the first company to fully recognize our traditional use territories and commit to move forward with full consultation and cooperation with our people. This agreement could bring the prosperity to our Nation and equality for our people while protecting the environment.”

Questerre is proposing to produce natural gas with hydroelectricity so there are no emissions, Mr. Binnion said. It wants to build two pipelines in the Bécancour area – one carrying carbon dioxide and another carrying natural gas. The company would sell the gas to local industrial clients while taking back the carbon dioxide and storing it, he said. It has submitted an application to government authorities to test a carbon-sequestration reservoir.

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Quebec is pushing a ban on oil and gas development for climate reasons but what Questerre is proposing has no emissions, Mr. Binnion said. “So where’s the climate reason in that? This will be fewer emissions than wind and solar.”

A spokeswoman for Jonatan Julien, Quebec’s minister of energy and natural resources, did not respond to a request for comment.

Heading into an election year, Mr. Legault will be keen to protect any credibility he has gained in the public eye on environmental issues, said Christian Bourque, executive vice-president at polling firm Leger Marketing. But Questerre’s pact with the Abenakis makes it more difficult for his government to reject the proposal outright, he said.

“The discourse in Quebec and pretty much anywhere else in the country has changed towards Indigenous peoples. And this would be throwing a rock in the pond. It’s certainly a huge level of complexity added to the issue.”

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sigj2
20.01.2022 kl 19:56 1606

Joda
Vi trenger flere tråder,jo mer jo bedre
Vi vil ha mye støy
Qec kommer til å blåse igjennom atmosfæren....mark my words jenter 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
mofi1
20.01.2022 kl 22:11 1075

Veldig bra, sheepman, også lurer f.eks. Gran Coupe på hvorfor stemningen er god:-)