For all of the shellacking the fossil fuel industry gets (rightfully so), they have signalled several times that they are willing to transition to lower productions and higher prices and even into green energy. In 2016 oil companies spent the least amount on oil discovery in over 70 years ! It was only after extreme political pressure that oil companies were basically forced into re-expanding capacity again. The mark…
For decades now in Canada companies have been endlessly lobbying the government to allow for more expansion of pipelines to enable more production and more growth.
There is nothing new that has changed their approach.