This week on the podcast, our guest is Rebecca Lindland, Senior Director of Industry Data and Insights at Cars Commerce. Cars Commerce has a platform to simplify the next generation of automotive retail, including Cars.com, AccuTrade, Dealer Inspire, and coming soon, Cars Commerce Media Network. Rebecca is a highly respected expert in the automotive industry. She shares her views on the rise of plug-in hybrids, the recent headwinds for pure electric cars, and new auto technology. Here are some of the questions Peter and Jackie asked Rebecca: How is the auto industry doing now, and is it generally profitable?  Explain the difference between pure-electric, plug-in hybrid, and traditional hybrids. Why are sales of hybrid vehicles increasing in the US?  Do the new US EPA auto rules for increasing electric technology include hybrids? Is the higher price of plug-in hybrids and pure electric vehicles a barrier to sales? Why are Tesla’s sales slowing? Explain BYD's success in 2023 and if they could come to North America.  Do you think solid-state batteries, if they become available, will increase EV adoption rates? Are self-driving electric cars just delayed, or are they no longer likely?  Other content referenced in this podcast: NYT article from January 2024:  “Hybrid Cars Enjoy a Renaissance and All Electric Sales Slow”  Artist of Rebecca’s office car art: Lyn Hiner StudioPlease review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media:  X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute  Subscribe to ARC Energy Ideas Podcast Apple Podcasts Amazon Music Spotify     

This week our podcast guest is Rachel Walsh, Environmental Commodities Strategist at BMO Capital Markets.  Here are some of the questions Peter and Jackie asked Rachel: Is the hefty Canadian emitter carbon tax starting to impact competitiveness? Is the carbon levy causing industrial emitters to invest in reducing their emissions? Canada and Alberta have introduced incentives to reduce the capital cost of carbon capture and storage (CCS) projects. Are these incentives enough to kick-start the industry? Are the contracts-for-difference that guarantee a carbon price for industrial emitters over a decade or more required for investment in large decarbonization projects? The Canada Growth Fund has set aside about $7 billion for contracts-for-difference; how much carbon do you think that will mitigate? The voluntary markets have struggled with credibility issues; do you expect this will improve and prices will increase? Could strong voluntary markets reduce the risk of investing in Canadian compliance markets since they offer an alternative way to monetize the carbon credits?Content referenced on this podcast:Clean Prosperity CanadaICE has introduced two futures markets for Alberta Carbon Credits: Alberta Emission Offset and Alberta Emission Performance Credits Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

Recently, Alberta announced significant changes to its power market: short-term changes to stop economic withholding and a long-term redesign of Alberta’s deregulated electricity market into a restructured energy market (REM).  This week, our guest, Blake Shaffer, Associate Professor in the Department of Economics and School of Public Policy at the University of Calgary, helps us understand these changes.Here are some questions Jackie and Peter asked Blake: Why does Alberta need a market redesign? Was the near-brownout during a frigid weekend in January a sign that the current system is not working? What is “economic withholding” and how does it contribute to higher prices? The REM is expected to have a “day-ahead market,” how does that work? The REM could also have a wide pricing range, from negative prices to ones that exceed the current maximum of $999/MWh. What is the benefit of a wide price range? Do the proposed changes hurt renewable power projects? The REM is also considering changes to transmission; how significant could these changes be?  Will the REM changes negatively impact entities that contracted power under the existing rules?  What are your views on the Clean Electricity Regulations (CER) legislation, that aims to make Canada’s electricity sector net zero by 2035? Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsGoogle PodcastsAmazon MusicSpotify 

Peter is back from a one-week whirlwind trip to the UK where he was a guest on a government-hosted tour titled “Energy Commentators Mission.” During his visit, he met people working on the UK energy transition, including with offshore wind, hydrogen, carbon capture and storage (CCS), and refining. Tune in to this week’s podcast to hear about Peter’s trip and takeaways, including interviews with some of the people he met in his travels.  We hear from: Andrew Rodden, Energy Transition Zone Ltd.  Pilar Amieva, X-Academy Allan MacAskill, Flotation Energy plc Jeff Richardson, Fugro Kieran Morton, Port of Aberdeen Thomas Nicoll, SSEN Transmission Emily Taylor, Offshore Energies UK (OEUK) Jonathan Turner, British Consul General, Calgary, Canada Tiffany Langford, Senior Climate Policy Advisor, British High Commission based in Calgary Marla Orenstein, Canada West Foundation Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media: X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas Podcast Apple Podcasts Google Podcasts Amazon Music Spotify  

Exploring Canada's lack of capital spending on clean energy transition, challenges in defining 'green' finance, and the impact of upcoming elections on clean energy investments. John Stackhouse from RBC discusses sustainable finance and decarbonization projects, highlighting the barriers to private spending on Canadian clean energy projects.

Peter and Jackie discuss the latest energy headlines and policy announcements on this week's podcast. Listed below are the topics covered:The Alberta Government is lifting the moratorium on new wind and solar project permits, a policy that was enacted in the summer of 2023. The Alberta Government introduces its 2024 fiscal budget.  Before the budget announcement, Premier Danielle Smith made the case for rebuilding the Alberta Heritage Savings Trust Fund to help eliminate the revenue roller coaster that results from volatile oil and gas prices.  The budget also included Carbon Capture and Storage (CCS) funding and a registration tax of $200 per year for each electric vehicle.  Qatar announced it will add more LNG capacity by 2030. Given Shell’s recent projection of more than 50% growth in global LNG demand by 2040 and that the US will supply 30% of total demand by 2030, what are the implications on LNG markets and the Canadian opportunity for LNG exports? The IEA has been criticized for prioritizing climate advocacy over energy security.  Content referenced in this podcast: Alberta Government’s News Conference to Lift the Renewables Moratorium “Renewed path forward for renewable energy – February 28, 2024”   Alberta Government’s Budget 2024 Blake Shaffer Tweet on the flat road tax for electric vehicles  Shell LNG Outlook 2024 Robert McNally’s Wall Street Journal Op-ed on the IEA “Climate Politics Neuters Energy Watchdog”A New York Times article on the development of white paints to cool the planet by scientists at the University of Purdue  Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media:  X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute  Subscribe to ARC Energy Ideas PodcastApple PodcastsGoogle PodcastsAmazon MusicSpotify  

On February 16, 2024, Environment and Climate Change Canada (ECCC) announced some proposed changes to the draft Clean Electricity Regulations (CER). Initially released in August 2023, the draft legislation requires electricity production in Canada to be net zero by 2035. Peter and Jackie start the podcast by reviewing the recently proposed changes and discuss whether these changes are enough to win over the provinces that object to the proposed CER, including Alberta, Saskatchewan, and Ontario.Next, they introduce this week’s guest, the Honourable Todd Smith, Ontario’s Energy Minister and MLA for the Bay of Quinte in Ontario. Since the Conservatives came to power in 2018, Todd Smith has held various cabinet positions.Here are some of the questions that Peter and Jackie asked Minister Smith: When the Ontario Conservatives first came into power, renewable electricity projects that were agreed to under the Liberal government’s feed-in tariff (FIT) program were canceled, yet now Ontario is procuring new capacity for wind, hydro, biomass, and solar generation, why the change? Is Ontario having a nuclear renaissance? What are the plans to expand nuclear electricity? Where will Ontario source the enriched uranium for the new nuclear power plants? Is it realistic to see nuclear plants operating in other parts of Canada, such as Saskatchewan and Alberta? What is the role of natural gas for power generation and residential heating in Ontario? In November 2023, the Ontario IESO wrote a letter to the Federal Government on the proposed CER, saying, “The CER as drafted is unachievable by 2035 in Ontario…the policy would cause a resource shortfall”; what are your concerns and do the changes announced on February 16th improve the situation? Are you working with any other provinces that oppose the CER?Content referenced in this podcast: - ECCC’s Proposed Changes to the CER (February 16, 2024)- The Ontario IESO’s letter to the federal government on the proposed CER Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media:  X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute  Subscribe to ARC Energy Ideas Podcast Apple Podcasts Google Podcasts Amazon Music Spotify  

This week, our guest is Ellis Ross, an MLA in the British Columbia Legislature since 2017, representing the Skeena riding for the BC United political party (formerly the Liberal Party). His region includes the communities of Kitimat and Terrace on the northern coast of British Columbia. Ellis also currently serves as the Shadow Minister for Energy and LNG. Before being elected to the British Columbia legislature, Ellis Ross was the Chief Councillor for the Haisla Nation, in that position, he signed an agreement with an LNG developer to build a plant on the Haisla Nation reserves. Here are some of the questions that Peter and Jackie asked Ellis: Why did you enter provincial politics and why have you decided to run in the next federal election for the Conservative Party?  How has the LNG Canada project impacted people in your community?  What is the status of LNG Canada? What is the status of Cedar LNG, a smaller project in collaboration with the Haisla Nation and Pembina Pipeline Corporation also located in Kitimat?  Is BC’s requirement for net zero LNG by 2030 effectively a ban on new LNG development?  What is the status of the transmission line and electricity supply, if LNG must be net zero by 2030? How do you think Canada should tackle the climate challenge and energy projects differently?  What is the potential for blue ammonia shipments by rail and tanker from the Northern West Coast to Asia? Other content referenced in this podcast: Edison Motors is a privately owned Canadian Clean Technology Company. In 2023, we built Canada’s first Production Electric Hybrid Truck; consisting of Edison make Powertrain, Chassis and Cab. Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media: X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute  Subscribe to ARC Energy Ideas Podcast Apple Podcasts Google Podcasts Amazon Music Spotify  

This week, our guest is Greg Lyle, Founder and President of Innovative Research Group. Innovative Research Group is a full-service market research firm with offices in Vancouver and Toronto. The firm has recently done some interesting polling on how Canadians are thinking about energy infrastructure and energy transition. Greg also talked politics, giving us some insight into how Canadians would vote (based on polling) if a federal election were held today. Here are some of the questions that Peter and Jackie asked Greg: How much do Canadians know about the energy transition? How do they feel it will impact them financially? How do they feel about energy projects in general and near where they live? How important is climate as an issue versus affordability? If a federal election were held now, what political party would win? Do the Conservatives need a credible climate plan for the next election? Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute  Subscribe to ARC Energy Ideas PodcastApple PodcastsGoogle PodcastsAmazon MusicSpotify  

This week, our guest is Carlos Pascual, Senior Vice President of Global Energy at S&P Global Commodity Insights.  Carlos's past roles include establishing and directing the new Energy Resources Bureau at the US Department of State and serving as a senior advisor to the Secretary of State on energy issues. He has also previously been a United States Ambassador to Mexico and Ukraine. Here are some of the questions that Carlos tackled:  How do you expect the US will react to the recent attack on an American base in the Middle East that killed three soldiers?  What is Iran’s motivation in the escalating proxy war? Is it possible that Donald Trump will be elected president in 2024? How does the US election factor into the US strategy on the Middle East conflict? What are your thoughts on COP28 and the “transitioning away from fossil fuels” language that was adopted? Do you think a peace deal between Ukraine and Russia is possible? What is driving the growing divide between the Global North and Global South? Do you expect OPEC and Saudi Arabia will continue constraining oil production despite strong non-OPEC supply growth? Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media:  X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute  Subscribe to ARC Energy Ideas Podcast Apple Podcasts Google Podcasts Amazon Music Spotify