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Enbridge Inc
Symbol ENB
Shares Issued 856,712,928
Close 2015-07-17 C$ 59.55
Market Cap C$ 51,017,254,862
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Globe says Husky, others see climate goals watered down

2015-07-20 08:23 ET - In the News

See In the News (C-HSE) Husky Energy Inc

The Globe and Mail reports in its Saturday edition that Canada's premiers reached a deal Friday on a Canadian energy strategy. The Globe's Jane Taber and Adrian Morrow write that the premiers hailed the deal as a "monumental" document that recognizes the importance of Canada's energy industry to the economy. However, the strategy waters down commitments to fight global warming. The strongest climate pledge -- a promise that all provinces would adopt absolute cuts to greenhouse gas emissions -- has been stripped out from an earlier draft version. Ontario Premier Kathleen Wynne, who with Quebec's Philippe Couillard had pressed for more protections, told The Globe that "is the language everybody could live with." She focused, instead, on the fact that until this document was signed there was no shared goal on energy and climate change among provincial and territorial leaders. She said: "This is an issue of a strong economy and strong environmental protection, and those two things are not mutually exclusive. ... They must be complementary." However, this leaves the climate change language in the plan little more than a series of vague aspirations for a "lower carbon economy."

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