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Canada needs to diversify its energy markets, say energy security experts
Calgary - Government intervention in energy projects could become more of a probability as Canada seeks to secure and diversify market access, according to policy experts.
Canada needs to diversify its market for oil, natural gas and electricity at the same time ensuring open access to our largest trade partner, the United States, said speakers at an energy security conference.
"As exporters of energy, we need to ensure the markets are there as opposed to most countries who are most concerned about being able to access energy," said Bruce Colin, executive director of the Canada School of Energy and Environment.
"It`s hard to be a so-called energy super power when you`ve only got one market," he noted. "So if we are going to move either a clean energy super power or an energy super power, we`ve got to diversify our markets. And that`s where looking toward Asia and certainly China and India would be helpful."
Diversity could also enhance the trade relationship between Canada and the U.S., added Jack Mintz, director of the University of Calgary`s School of Public Policy.
Read the full article here.
Calgary - Government intervention in energy projects could become more of a probability as Canada seeks to secure and diversify market access, according to policy experts.
Canada needs to diversify its market for oil, natural gas and electricity at the same time ensuring open access to our largest trade partner, the United States, said speakers at an energy security conference.
"As exporters of energy, we need to ensure the markets are there as opposed to most countries who are most concerned about being able to access energy," said Bruce Colin, executive director of the Canada School of Energy and Environment.
"It`s hard to be a so-called energy super power when you`ve only got one market," he noted. "So if we are going to move either a clean energy super power or an energy super power, we`ve got to diversify our markets. And that`s where looking toward Asia and certainly China and India would be helpful."
Diversity could also enhance the trade relationship between Canada and the U.S., added Jack Mintz, director of the University of Calgary`s School of Public Policy.
Read the full article here.