Rethink a "just transition"

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A large-scale transition away from oil and gas would have a major impact on Canada’s economy. From 2000 to 2018, Canada’s oil and gas sector contributed $493 billion to federal, provincial and municipal governments, helping pay for critical social infrastructure and services like roads, schools and hospitals. Canada generated $1.9 trillion from oil and gas exports between 1988 and 2019, wealth that can’t possibly be replaced by exports of electricity generated by renewable sources.

Oil and gas employs more Indigenous people by proportion than any other sector in Canada, providing higher incomes and less dependence on government transfers. A sweeping energy transition would rob First Nations of the opportunity to build pathways to prosperity found not only in collaborating on oil and gas projects, but in an increasing number of cases ownership of major infrastructure projects.

Canada is a global leader in environment, social and governance (ESG) indicators like water use, Indigenous participation, diversity and worker safety among the planet’s major oil producing nations, and no credible forecast envisions the elimination of fossil fuels from global energy markets in the coming decades. With nearly half of the planet’s oil and gas being produced by regimes with questionable records on human rights, the environment and freedom, Canadian-produced energy should be a supplier of choice to meet that ongoing demand.


Sincerely,