ACTIVIST CLAIM: Green Party MP Elizabeth May claims the oilpatch is fueling the war in Eastern Europe by saying we can support allies by exporting MORE Canadian resources.
THE FACTS: Canada can help the EU STAND UP TO RUSSIA, and HELP Ukraine by exporting its BEST IN THE WORLD clean natural gas and high ESG oil.
THE SOURCES:
Trying to profit from the disaster of war
Here are some facts and sources to have a reasoned conversation about helping our allies:
- The EU recently declared natural gas as a green energy source, and Canada has a lot of it.
https://www.bloomberg.com/news/articles/2022-02-02/eu-to-unveil-controversial-green-label-plan-for-gas-and-nuclear
Elizabeth May leaves out that the IEA notes that FOR WORLD ENERGY MARKET STABILITY THAT the EU should replace Russian gas with alternative supply sources, LIKE CANADA.
https://www.iea.org/reports/a-10-point-plan-to-reduce-the-european-unions-reliance-on-russian-natural-gas- Even the Trudeau Liberals recognize the need for Canada’s ethically and responsibly produced oil and gas. Minister Wilkinson announced Canada would increase exports to the US by 300,000 barrels per day over the coming year.
https://globalnews.ca/news/8707246/canada-increase-oil-gas-global-energy-security/
- According to the U.N.’s International Panel on Climate Change, carbon tech solutions will REDUCE almost as many emissions as renewables CAN reduce by the end of the century. Canada is a world leader in carbon tech which means we can CONTRIBUTE TO SUSTAINABILITY, and help out our allies.
https://www.ipcc.ch/site/assets/uploads/2018/03/srccs_chapter8-1.pdf - Canada has the highest environmental, social, and governance standards of major oil and gas producers, which make us well suited to provide responsible energy. Every energy demand scenario still shows oil and gas as a major world energy source. As this demand grows, the world will need more of our responsible energy.
https://research-ca.bmocapitalmarkets.com/documents/140A6529-CE63-4B90-A627-06768A001783.PDF
Stories that get it right:
Carbon capture is vital to meeting climate goals, scientists tell green critics
Engineers and geologists have strongly criticised green groups who last week claimed that carbon capture and storage schemes – for reducing fossil fuel emissions – are costly mistakes.
