WASHINGTON, May 12, 2022 /PRNewswire/ – Canada and United States share a common vision of a prosperous and sustainable North American economy. Our integrated energy systems and natural resource markets generate billions of dollars in cross-border trade and support hundreds of thousands of jobs on both sides of the border.
Russia unprovoked and unjustifiable invasion of Ukraine and subsequent sanctions on energy and related products have fundamentally changed the global energy landscape. Canada condemns the recent efforts of Russia using energy as a tool of influence and coercion. We are working closely with our international partners, while reinforcing our shared climate goals, to maintain stability in global energy markets and secure energy supply chains.
This week, the Honorable Jonathan Wilkinson, Minister of Natural Resources, was in washington d.c.to meet the US Secretary of Energy Jennifer Granholmmembers of the Senate Energy and Natural Resources Committee, senior White House National Economic Council officials and business leaders to advance global and North American energy security and discuss shared opportunities to accelerate the climate action and the transition to net zero emissions.
Tackling the climate crisis and energy security require ambition. Minister Wilkinson spoke with key U.S. officials about ways to strengthen collaboration on critical minerals, clean hydrogen, nuclear technologies, carbon removal, and achieving a clean North American electricity grid. Specific actions that will be taken over the next year include:
- Strengthening of Canada-US Critical Minerals Action Plan. With recent commitments to invest in critical minerals under from Canada Budget 2022 and the United States Infrastructure Investment and Employment Act, the two countries are well placed to collaborate on continental critical mineral strategies. The sustainable development of critical minerals is essential to our clean energy deployment commitments and to the long-term energy security of North America and our allies around the world.
- Identify key locations for cross-border hydrogen hubs and corridors and develop clean hydrogen carbon intensity standards essential to enable global trade. Both governments have identified hydrogen as critical to contributing to 2030 climate goals and the path to net zero by 2050. Canadian and U.S. governments, subnational governments, and the private sector are ready to act and invest to unlock the significant economic opportunities that hydrogen presents.
- Accelerate the implementation of the Memorandum of Understanding signed between the U.S. Department of Energy and Natural Resources Canada regarding energy cooperation, which includes our commitments to achieve a net-zero emissions electricity grid by 2035; aims to support the development and deployment of carbon removal technologies; targets cooperation on responsibly managed nuclear energy opportunities; and highlights the importance of affordable energy, especially for disadvantaged, remote and indigenous communities.
This work builds on the Roadmap for a Renewed U.S.-Canada Partnership adopted by President Biden and Prime Minister Trudeau in February 2021.
In addition to joint Canada-U.S. priorities, Minister Wilkinson and Secretary Granholm also discussed global energy issues as our countries prepare for the upcoming G7 Energy Ministers meeting, Berlin.
“Canada and United States share a common border, common interests and common values. We have an opportunity to actively work together to accelerate effective implementation while simultaneously building an economy that will provide jobs and economic opportunity for all. I look forward to working with Secretary Granholm to make this happen.
The Honorable Jonathan Wilkinson.
Minister of Natural Resources
“United States and Canada have built a strong international partnership to protect the planet and reduce energy costs, and we are committed to deepening our bilateral energy relationships to build a clean and equitable energy future. Together, under the leadership of Minister Wilkinson, we will work to accelerate the transition to clean energy in both our countries, driving job growth and ushering in a 100% clean energy future. »
Jennifer M. Granholm
Secretary, US Department of Energy
- Canada is the largest energy provider in United Statesand Canada is the second largest market for United States energy exports. In 2020, 90% of from Canada energy exports in value went to United States.
- As the leading electricity supplier of United States, Canada provides clean, affordable, secure, reliable and flexible energy to power its economy, creating jobs on both sides of the border.
- On March 29, 2022the government of Canada filed his 2030 Emissions Reduction Plan: from Canada Next steps for clean air and a strong economya detailed plan that lays out an achievable path, sector by sector, towards from Canada target of reducing emissions to 40-45% below 2005 levels by 2030 and net zero emissions by 2050.
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SOURCE Natural Resources Canada
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