ECC President, Jacob Irving, participated with 3 other energy experts on a panel to discuss International Energy Security Amid Growing Tensions. The discussion was directed to issues that we have all been considering for most of the year. Given the extent of Europe’s dependence on imported energy, what are the alternatives to offset hostile energy supply curtailment? What practical steps can governments take in the short term to manage the crisis? And, what will this mean for an energy transition that was intended to reduce the use of fossil fuels?
Joining Mr. Irving on the panel were Adel El Gammal, Secretary General, European Energy Research Alliance (EERA); John Cooper, Director General, FuelsEurope & Concawe; Julie Dabrusin, Parliamentary Secretary to the Minister of Natural Resources and to the Minister of Environment and Climate Change Canada.
The Conference is an annual event presented by the International Economic Forum of the Americas (IEFA). IEFA describes its mission as promoting an exchange of views and perspectives on pressing economic issues of our times among world leaders, renowned experts, and business executives. Its mission is also to facilitate agreements, offer business opportunities, and provide access to unique insights from leading specialists.
During the discussion (see IEFA YouTube Link), Mr. Irving noted that Canada has thrived in a rules-based trading world. Canadian business and Canadians share the values of European nations. That creates a foundation of trust that will support a deeper energy-trading relationship. We have an abundance of energy resources; industry members are responsive to the needs of customers and to the interests of society in general – including the acceptance of the reality of man made climate change. Finally, we have the expertise, experience, and drive to innovate that position us to be a leader in the energy transition.