Pretty much since the Trans Mountain pipeline expansion was proposed, it has been fought tooth and nail by “Keep It In The Ground” anti-oil and gas activists. Some of the latest attacks on this pipeline include a call to action from the Rockefeller funded anti-oil activist group, 350.org. This call to action encourages keyboard activists to write a letter against the expansion project by mischaracterizing recent reports from Parliamentary Budget Officer and Canadian Energy Regulator.
They claimed that recent reports by the Parliamentary Budget Office and the Canadian Energy Regulator provided ample evidence to suggest that the country no longer needed pipelines and any expansion would kill Canada’s prospects for fighting global emissions. Even though the reports said nothing about Trans Mountain being incompatible with Canadian climate policies, they insisted that the end is nigh.
Unfortunately for them, anyone that reads the reports will find that they are merely reports on financials and oil production scenarios. This did not stop 350.org from cherry-picking the hypothetical scenarios where developing countries’ energy needs shrink, to illogically conclude the Trans Mountain expansion was uneconomical.
It’s inconceivable that they would ignore basic economics and tell the Prime Minister that pipelines are no longer relevant to an economy that relies on oil and gas as a primary driver of foreign exchange. This is especially true if Canadian leaders are focused on helping the country recover from the economic beating received due to COVID-19.
Whether these anti-Canadian oil and gas brigands like it or not, most reports show that demand for reliable energy is indeed growing and the need for oil and natural gas is expanding rapidly in developing non-OECD countries.
Consequently, this is also where most of the population growth is expected to be in the next century. These countries will need a lot of energy to expand their economies and increase their quality of life. These are all challenges that will become harder and harder to tackle if we do not consider energy suppliers and their impacts on the environment and growing global emissions.
This is an opportunity for Canada to stake its claim as a world leader in energy production, as a champion for the global emissions problem, and as humanitarians for helping non-OECD countries reach their development goals.
Canada is hands down, the best in the world supplier of oil and gas, and supplying developing countries with our reliable energy sources can help increase their quality of life and boost their economies with the lowest impacts on the environment. We outperform in the environmental, social, and governance rankings and will only get better as the oil and gas industry continues to innovate its way to low emissions oil and gas.
Growing evidence suggests that by producing oil and gas in Canada, we can also help lower global emissions. Navius Research found that by producing emissions-intensive, trade-exposed products like aluminum in Canada, emissions lowered globally. If emissions are a global problem, would it not make sense to tackle the issue with a global solution, rather than focusing on the minutia?
“Keep It In The Ground” activists never acknowledge that their campaigns to keep Canadian oil and gas in the ground and out of global markets creates space for less environmentally conscious producers to supply the growing demand.
At such a critical time in history, the world needs more Canadian resources, which will ultimately end up being better for the planet in the long run if Navius’ theory proves to be correct. However, if these anti-progress, anti-development groups get their way, the world and our environment might be worse off.