In a recent commentary in the Globe and Mail, Murray Edwards of Canadian Natural Resources Limited and Brian Ferguson of Cenovus highlight the need for the dialogue surrounding pipelines to change.
Writing on behalf of seven major players in the Canadian oil industry, Edwards and Ferguson express the need to have a conversation about how “Canada can get full value for its oil production while also addressing environmental concerns, including climate change.” The pair vouch for a problem-solving approach that is constructive and interest-based to find solutions to local concerns and to ensure that Canadians get the full benefit of pipeline projects.
Focusing on the Trans Mountain proposal, which is currently undergoing the final stages of the National Energy Board’s rigorous review process, the piece emphasizes the economic benefits that gaining access to Asia and other global markets would provide to Canadians. As a link between Alberta’s oil resources and British Columbia’s marine facilities, Edwards and Ferguson “believe approval would launch a new era in export opportunities for the country and the industry.”
Key messages in the article include:
- Getting oil to market safely and consistently
- Addressing Climate Change and Assessing GHG Emissions
- Reducing Canada’s current overdependence on the United States as our primary customer
- Ensuring that Canadians realize the benefits of all pipeline projects
“Preventing pipelines from being built will not reduce global oil demand, but it will prevent Canadians from receiving the benefits of supplying oil to fill that growing demand,” write Edwards and Ferguson. “We are ready to engage in this dialogue and to see projects such as the Trans Mountain Pipeline expansion built, and we hope other Canadians are as well.”