In part one, the focus was on Mexico and its past, current and future energy observations. The ideal situation for the U.S., Mexico and Canada’s energy future would be better served with a strong energy alliance.
Currently, each of the three countries are all looking at the energy future in an independent way, versus together. For example, in the U.S., it appears that policies, especially energy policy, are hastily being presented without consideration of all energy and environmental disciplines. The U.S. and the North American energy corridor would be best served with a roadmap of embracing all forms of energy in order to arrive at the correct energy mix for energy use and environmental preservation.
As an example, there needs to be additional studies on the excavating of raw materials for the purpose of energy usage, including electric vehicle components and how that impacts the environment. Technology and innovation are important to our environmental future. Making sure that we are on the right pathway is essential to future generations. Therefore, an energy plan, a roadmap, is so vitally important. Canada has much to offer, regarding the North American energy corridor.
My first introduction to Canada’s energy sector was in 1988, when I was working on a project based in the Alberta province. The vast amount of natural resources definitely got my attention.
In a recent report written by J. David Hughes, dated June 2021, the Canada energy sector is highlighted. “Although the energy sector has been a significant contributor to Canada’s economy, its contributions in terms of employment and revenue from royalties and taxes are declining, even though production is at an all-time high. Production of oil and gas creates one-quarter of Canada’s greenhouse gas emissions at a time when Canada has committed to a 40 percent reduction from 2005 levels by 2030 and “net-zero” emissions by 2050 (through Bill C-12, although in 2016 Canada agreed to an 80 percent reduction target by 2050). Despite these trends, governments and industry tout increasing oil and gas production and exports as critically important for Canada’s economic future.”
In information provided by Natural Resources Canada, several energy factors of Canada were highlighted, including:
“Energy-In 2017, Canada’s energy sector directly and indirectly accounted for 900,000 jobs. Gross Domestic Product-In 2017, the energy sector directly and indirectly contributed 10.6% to Canada’s nominal GDP. GHG Emissions-Between 2005 and 2016, Canada’s GHG emissions from production and use of energy decreased 3.7% while real GDP grew by 20.5%. In 2016, the production and use of energy in Canada accounted for 81% of Canada’s greenhouse gas emissions. And, Energy Efficiency-Between 1990 and 2015, energy efficiency improved in Canada by 26.5%. In 2015, these improvements saved Canadians $38.2 billion.”
Energy planning is crucial. It is important that our plans are directed on the right course. America needs America’s energy. North America needs a strong energy corridor. Future generations are depending on us to develop the right roadmap.