Centrica Plc boss Chris O’Shea is on a mission to show the UK government that it needs to speed up carbon capture projects.

Ottawa is suspending the environment minister’s authority to force major energy or mining projects to be judged for environmental impact as part of a temporary operating plan for the Impact Assessment Agency.

“The ‘Golden Age of Gas’, a term coined by the IEA in 2011, is nearing an end,” the outlook declares.

Solar and wind are changing the US economy faster than methods can be devised to capture their impact.

Canada’s Supreme Court last week ruled the Impact Assessment Act was too broad in designating which major projects should fall under federal environmental assessment.

The US also lifted some restrictions on bond trading, after Maduro’s government entered talks with some members of the opposition about open election.

Alberta, which wants to see oil and gas projects approved at a faster clip, won a legal case in a provincial court in 2022, challenging the constitutionality of the Impact Assessment Act.

In 2021, the UK set out a bold ambition to become a ‘global leader in hydrogen’ by 2030 but lack of clarity on subsidies is delaying project approval.