On this episode, Peter and Jackie review the ARC Energy Research Institute’s recently released outlook for the Canadian oil and gas economy for 2022.  See the last page of our weekly ARC Energy Charts publication to review the 2022 estimate of revenue, cash flow and other metrics here.They also discuss a recent commentary by Peter titled “Meet the New Boom, Different from the Last Boom” that lists the many reasons why this oil bull run is different than past cycles.Finally, they review the new IEA report on Canada’s energy policies. The report provides recommendations on how the country can effectively manage its energy sector to achieve Canada’s GHG emission reduction goals. Download the IEA Canada 2022 Report here.Replay the IEA Canada  2022 Report launch video here.Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

Peter and Jackie start the year off by introducing seven topics that are likely to dominate energy and climate discussions in 2022: Oil Price Geopolitics Elections Inflation and the Economy Sustainable Finance Clean Energy Spending Energy and Climate Policy in the US and CanadaSee Prime Minister Justin Trudeau’s mandate letters: Minister of Environment and Climate Change and Minister of Natural Resources.Learn more about the Glasgow Financial Alliance for Net Zero (GFANZ) and read “Building a Private Finance System for Net Zero.”Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

On this week’s podcast we look back on the big themes that shaped 2021 by reviewing our past podcasts. Peter and Jackie also revisit their 2021 predictions made at the start of the year to see how well they did.View the ARC SnapChart on the Global EV Sales Data for 2021: Strong Showing for EV Sales in 2021View the report on the economic potential of the energy transition for Alberta commissioned by Calgary Economic Development and Edmonton Global “Alberta Energy Transition.”Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

This week our guest is Robert Hornung, the founding President and CEO of the Canadian Renewable Energy Association (CanREA). The industry group is the voice for wind energy, solar energy and energy storage solutions in Canada.  Recently CanREA released  "Powering Canada's Journey to Net-Zero: CanREA's 2050 Vision" which sets an aspiration for Canada’s wind and solar capacity to increase 10-fold by 2050.Here are some of the questions Peter and Jackie asked Robert:  What are the barriers to achieving CanREA's vision for wind, solar and energy storage growth in Canada? Do you expect the Liberal government will move forward on plans for a net-zero electrical grid by 2035?  Are Canadians accepting of new solar and wind projects in their communities? Do you think a federal grid counsel could advance the East-West grid in Canada?Visit CanREA's website: https://renewablesassociation.ca/Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

Last Friday, November 26, oil prices dropped $US 10/B after a new COVID variant named Omicron was discovered. The same day, the Canada Energy Regulator (CER) made a historic decision to deny Enbridge’s application to enter into long-term contracts for 90% of the Mainline oil pipeline.Jackie and Peter discuss the volatile oil markets, the possible impacts to global oil demand and the significance of the CER’s decision to keep Canada’s dominant pipeline open access for all.View the CER's full decision on the Enbridge Mainline Contracting Application (link).Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

This week our guest is Andrew Weaver. He is a climate scientist, professor at the University of Victoria, and former leader of the British Columbia Green Party. Here are some of the questions we asked Andrew: Why did you decide to become a politician? Is climate change contributing to BC’s extreme weather this year? How obtainable is the goal of limiting global warming to 1.5ºC? You have publicly supported the Liberal and BC climate plans, why did you face some criticism for this support? Why are you not supportive of BC LNG?Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ 

This week Larry Burns joins our podcast. Larry is a Business Advisor on Mobility, Logistics, Manufacturing, Energy and Innovation—in short, he is a guru in the area of self-driving vehicles and mobility.Here are some of the questions we asked Larry:  What level of autonomous driving has been achieved? Do people want fully autonomous vehicles? How would self-driving work for long distance heavy hauling? What about the “last mile” deliveries? Can self-driving work in extreme weather conditions, like the Canadian winter? How far in the future are flying taxis?To connect with Larry Burns, visit his website: lawrencedburns.orgPlease review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

We start this week’s podcast sharing thoughts on the first week of the COP26 climate conference currently underway in Glasgow, Scotland. Highlights include the major goals of the conference and the announcement of a major initiative to mobilize private finance led by Mark Carney. We also cover the recent price inflation for oil and gas, including OPEC+, US shale oil and the importance of winter weather. See Morgan Brazilian’s article “Make the COP Boring Again.”Learn more about the Glasgow Financial Alliance for Net Zero and read “Building a Private Finance System for Net Zero.”Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

This week, Dr. Arthur Turrell, author of the recently published book “The Star Builders – Nuclear Fusion and the Race to Power the Planet” joins the podcast. Arthur has a PhD in plasma physics and writes about fusion energy in a way that makes sense for the average person. Here are some of the questions Peter and Jackie asked Arthur: What are the advantages of fusion energy? How does it differ from nuclear fission? The National Ignition Facility (NIF) made global news this past summer breaking the previous records for fusion energy, why was this result significant? Realistically, how long before nuclear fusion is a commercial reality?To learn more about Arthur Turrell, visit his homepage: http://aeturrell.com/Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

On this week’s episode we interview Barbara Zvan, inaugural President and CEO of the University Pension Plan in Ontario. Barb is recognized as a leading voice on sustainable investing and was appointed to  the Canadian Government’s Expert Panel on Sustainable Finance that released recommendations for increasing the amount of sustainable investment in Canada in 2019. Barbara tell us about a new initiative, called Climate Engagement Canada (CEC). CEC is a group of Canadian investors with $3 trillion of assets under management that will ask Canadian companies to be part of a just transition to net zero emissions. The initiative has leveraged Barbara’s leadership along with involvement from UN PRI, RIA Canada, SHARE and CERES. Barbara also provided an update on other sustainable finance activities in Canada, including the development of a Canadian taxonomy for green investing and new diversity initiatives.To learn more about Climate Engagement Canada (CEC), visit their website: https://climateengagement.ca/Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/