With the German chancellor looking on, Prime Minister Trudeau said recently there was no business case for LNG terminals on Canada's East Coast..For many CEO’s in the Canadian oil and gas industry, this was a gut punch. If there's any reason for there to be no LNG terminal on the East Coast, it would only be governments themselves created a bad business environment..As an industry, we collectively worked millions of hours individually to keep our companies in line with often radical changes in policy. We adopted practices that only a few years ago seemed impossible. And, we survived incredible financial impacts to our industry from international crises, all the while providing the greatest reduction in carbon intensity globally. .Meanwhile the International Energy Agency said that for world energy-market stability, the European Union should replace Russian gas with alternative supply sources. Canada, for example. That's why German Chancellor Olaf Scholz was here recently to discuss energy supply and talk about how his country was facing a tough winter under Putin’s energy constraints. It’s clear he didn’t come here to Canada only to discuss windmills or hydrogen. Germany wants our natural gas. .But, under this federal government we saw bill C-69, the 'No More Pipelines' law, and a myriad of anti oil and gas legislation. .And it’s under the provincial government of Quebec Premier Francois Legault that European and Canadian investors are being given no compensation for the gas discoveries they made in Quebec. Plus, in an effort not to offend Legault, Trudeau's been silent about the 12-year effort to produce natural gas in Quebec and has also banned oil and gas, cancelled LNG projects and blocked our pipelines..We in the Canadian oil and gas industry survived the most impossible business climate and have come out strong. .In the last decade the investment community has forced us to start telling our story differently. The largest carbon reduction plan in the world is being proposed by our oil sands companies..My ambition is for Canada to become a senior partner to the world's largest economies. I've been working on this through my not-for-profit life of more than 25 years with Canadian Taxpayers Federation, the Manning Foundation, Canada Strong and Free Network, and Modern Miracle Network..In my for-profit life, I led Questerre Energy into Alberta, Saskatchewan, British Columbia, Yukon, Northwest Territories, and Quebec. We looked at projects in New Brunswick, Newfoundland, and Ontario, but found success in Quebec with the giant Utica shale discovery. In Quebec we even developed a plan for a zero-emission energy hub outside Montreal that would supply industry, re-use the CO2 to make cement additives (and other industrial products,) and capture and sequester the remaining emissions. These are technologies available today that can make oil and gas extremely low emissions..Many oil and gas industry executives — myself included — envision Canada stepping up to its role as a senior partner in the world. We can truly be world leaders..But we can’t do that if we can’t even support our global partners … let alone the rest of the planet..I want you to join other energy leaders and tell our European allies and Canadian Government that our industry is ready and able to help..If you believe in Canadian energy and Canada is ready and able to be world leaders, sign our open letter to tell Prime Minister Trudeau the business case is there: He just has to act on it..email us at info@modernmiraclenetwork.org
With the German chancellor looking on, Prime Minister Trudeau said recently there was no business case for LNG terminals on Canada's East Coast..For many CEO’s in the Canadian oil and gas industry, this was a gut punch. If there's any reason for there to be no LNG terminal on the East Coast, it would only be governments themselves created a bad business environment..As an industry, we collectively worked millions of hours individually to keep our companies in line with often radical changes in policy. We adopted practices that only a few years ago seemed impossible. And, we survived incredible financial impacts to our industry from international crises, all the while providing the greatest reduction in carbon intensity globally. .Meanwhile the International Energy Agency said that for world energy-market stability, the European Union should replace Russian gas with alternative supply sources. Canada, for example. That's why German Chancellor Olaf Scholz was here recently to discuss energy supply and talk about how his country was facing a tough winter under Putin’s energy constraints. It’s clear he didn’t come here to Canada only to discuss windmills or hydrogen. Germany wants our natural gas. .But, under this federal government we saw bill C-69, the 'No More Pipelines' law, and a myriad of anti oil and gas legislation. .And it’s under the provincial government of Quebec Premier Francois Legault that European and Canadian investors are being given no compensation for the gas discoveries they made in Quebec. Plus, in an effort not to offend Legault, Trudeau's been silent about the 12-year effort to produce natural gas in Quebec and has also banned oil and gas, cancelled LNG projects and blocked our pipelines..We in the Canadian oil and gas industry survived the most impossible business climate and have come out strong. .In the last decade the investment community has forced us to start telling our story differently. The largest carbon reduction plan in the world is being proposed by our oil sands companies..My ambition is for Canada to become a senior partner to the world's largest economies. I've been working on this through my not-for-profit life of more than 25 years with Canadian Taxpayers Federation, the Manning Foundation, Canada Strong and Free Network, and Modern Miracle Network..In my for-profit life, I led Questerre Energy into Alberta, Saskatchewan, British Columbia, Yukon, Northwest Territories, and Quebec. We looked at projects in New Brunswick, Newfoundland, and Ontario, but found success in Quebec with the giant Utica shale discovery. In Quebec we even developed a plan for a zero-emission energy hub outside Montreal that would supply industry, re-use the CO2 to make cement additives (and other industrial products,) and capture and sequester the remaining emissions. These are technologies available today that can make oil and gas extremely low emissions..Many oil and gas industry executives — myself included — envision Canada stepping up to its role as a senior partner in the world. We can truly be world leaders..But we can’t do that if we can’t even support our global partners … let alone the rest of the planet..I want you to join other energy leaders and tell our European allies and Canadian Government that our industry is ready and able to help..If you believe in Canadian energy and Canada is ready and able to be world leaders, sign our open letter to tell Prime Minister Trudeau the business case is there: He just has to act on it..email us at info@modernmiraclenetwork.org
