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Once Again, Canada Can Lead the Way

NORTHAMPTON, MA / ACCESSWIRE / November 30, 2023 / Enbridge: Enbridge CEO Greg Ebel: Deliveri...

articleEnbridge Inc.November 30, 20234/company/enbridge-inc/news/once-again-canada-can-lead-the-way
Once Again, Canada Can Lead the Way

About this update from Enbridge Inc.

[{"type":"text","content":"Once Again, Canada Can Lead the WayNORTHAMPTON, MA / ACCESSWIRE / November 30, 2023 / Enbridge:Enbridge CEO Greg Ebel: Delivering LNG to global markets can reduce global CO2 emissions, support energy security(Editor's note: Greg Ebel presented on this subject to the Toronto Region Board of Trade on Oct. 6, 2023. See the news release.)Throughout history are pivotal moments where Canada stood tall in addressing major global concerns and crises from heroic efforts in world wars to Prime Ministers prompting others to do the right thing-i.e., Lester B. Pearson pulling the world from the brink war over the Suez Canal in 1956 and Brian Mulroney prompting action against South African apartheid 35 years ago.When moments required decisive action and principled leadership, Canada stepped up.Today, in Ottawa and capitals across the globe government officials see climate change as another such pivotal moment.That's in part why Canada, like many other nations, has pledged to reach net zero carbon-dioxide (CO2) emissions by 2050.But what if, as in times past, Canada did something better?What if rather than just meeting its own net zero goal (which represents less than 2% of global emissions), Canada could help the world much more significantly reduce overall CO2 emissions?Article 6 of the Paris Climate Agreement-a legally binding international treaty adopted by 196 parties at the UN Climate Change Conference in 2015-states that Nations can be credited for tangible emissions solutions that extend beyond their borders.An ‘obligation' to alleviate energy poverty, transition away from coal-fired electricityThis is a major global leadership opportunity for Canada.In fact, it's been staring us in the face for the past decade, with little to no progress, while the U.S. has seized on it.The opportunity I'm referring to is the export of Canadian natural gas. If used to displace coal in Asia and Eastern Europe, this would have a tremendous impact on reducing global emissions-far greater than Canada achieving its own 2050 net zero commitment.Natural gas is a lower-carbon source of energy-about half the impact of coal. And it's even more sustainable when it comes from Canada, which is among the cleanest producers in the world.Coal still feeds 40% of the world's electricity, so any serious energy and climate policy needs to prioritize the worldwide ...

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