Tuesday, November 19, 2024

Alberta joins U.S. states' energy pact

Alberta premier Danielle Smith has signed on to the 12-state Governors' Coalition for Energy Security.

Alberta joins U.S. energy coalition to secure North America’s energy future | True North Wire | Isaac Lamoureux:

November 17, 2024 - "Alberta has become the first non-U.S. [political entity] to join a United States energy pact featuring 12 states that had already signed onto the coalition. Alberta Premier Danielle Smith made the announcement Thursday, personally thanking Louisiana Governor Jeff Landry and New Hampshire Governor Chris Sununu for inviting her, along with President-elect Donald Trump. Smith also thanked the other ten governors involved.

"Smith said that Alberta’s role in North American energy security is vital as the largest crude oil and natural gas supplier to the United States. 

With 200 billion barrels of recoverable oil, 200 trillion cubic feet of recoverable natural gas, significant natural gas liquids and ample pore space for carbon capture, Alberta’s contribution is set to grow even further as we look to work with the Trump Administration and other U.S. partners to increase our pipeline capacity to our greatest friend and ally, the United States.... We are proud to collaborate with this coalition of allied states in advancing energy security, reliability and affordability for Americans and Canadians....

"Alberta currently accounts for 56% of oil imports into the United States, double Mexico, Saudi Arabia, and Iraq combined.

"Landry said that the pact’s members share the goal of enhancing and protecting energy security, which he said will lead to lower energy costs, increased reliability, sustainable economic development, and wise management of energy resources and the environment. '

“I welcome Premier Smith and the insights she will bring as the leader from a fellow energy-producing province that, like my state, is under a federal system of government where national imperatives are not always aligned with state or provincial interests,' said Landry.

"The United States is the largest trading partner with Alberta, having $188 billion in bilateral trade in 2023. Energy products accounted for more than 80%, approximately $133.6 billion, of Alberta’s exports to the United States in 2023....

Alberta is a global leader in emissions reduction technologies and clean energy solutions. 'The province has captured about 14 million tonnes of carbon dioxide through carbon capture, utilization and storage technology, and has the ability to support the U.S. in developing new infrastructure and supply chains for future energy markets in the areas of hydrogen, renewables, small modular reactors and others,” reads Alberta’s press release. 

"The newly renamed Governors’ Coalition for Energy Security listed its goals in the press release issued by the Governor of Louisiana[:] ... 'to ensure families and businesses have the right to choose the energy they need, to minimize permitting and other regulatory barriers, limit expensive energy mandates, focus on affordability and reliability of energy infrastructure, and to coordinate to positively manage energy resources and the environment,' reads the press release....

"Smith issued an additional statement on Friday, saying she won’t wait for the [Canadian federal] Liberals to strengthen energy trade.... \

Alberta’s energy sector is a cornerstone of North America’s prosperity and we’re ready to work with our partners in the United States, especially @realDonaldTrump, to ensure that remains true.... Alberta’s resources are critical to energy security, economic growth, and the strong ties between our countries. Together, we can build a future that benefits both sides of the border — because when Alberta succeeds, the United States thrives. Let’s power that future, hand in hand.

"The 12 signatory states included in the energy pact are Louisiana, New Hampshire, Indiana, Alabama, Georgia, Tennessee, South Dakota, Mississippi, Arkansas, Oklahoma, Wyoming, and Virginia."

Read more: https://tnc.news/2024/11/17/alberta-energy-coalition-us/

We can’t sacrifice U.S. friendship if Mexico is a trade irritant: Alberta premier | Power & Politics | CBC News | November 15, 2024:

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