WASHINGTON, DISTRICT OF COLUMBIA -- (Marketwired) -- 09/09/13 -- The Honourable Joe Oliver, Canada's Minister of Natural Resources, today met with Dr. Ernest Moniz, United States Secretary of Energy, to discuss the Canada-U.S. energy relationship and opportunities for future cooperation. He reinforced Canada's position as the largest and most responsible energy supplier to America and Canada's interest in enhancing North American energy security, jobs and environmental protection.
"Canada and the United States share the largest, most secure and significant energy relationship in the world," said Minister Oliver. "Enhancing our bilateral energy collaboration will strengthen economic opportunity, energy security and environmental responsibility."
Secretary Moniz and Minister Oliver discussed ways in which the Department of Energy and Natural Resources Canada can enhance their level of collaboration on energy and environmental issues. Potential areas include maintaining safe and modern energy infrastructure, supporting efficient energy use, exerting joint global leadership on energy and environmental issues and developing unconventional oil and gas resources responsibly.
Minister Oliver indicated that Canada has taken aggressive action to build on its exemplary record of environmental stewardship. Measures taken to date include banning coal-fired plants using traditional technology and decreasing oil sands emissions by 26 percent per barrel from 1990 to 2011. In fact, 77 percent of Canada's electricity mix is generated from non-emitting sources.
"Canada supports the approval of the Keystone XL pipeline because it is in the national interest of both our countries," said Minister Oliver. "It would enhance energy security, create thousands of jobs and generate significant revenue for governments to support critical social programs. Approval would displace oil from Venezuela which has repeatedly threatened to cut off its supply to the United States and has the same or higher emissions as the oil sands, with less stringent regulations. The U.S. State Department also concluded that Keystone XL will not have a significant impact on global GHG emissions."
"Our two nations' shared commitment to democracy, free markets and the rule of law underpin why Canada and the United States have the world's most successful commercial relationship, about $2 billion in trade every day," added Minister Oliver. "Our government looks forward to working with the U.S. and Secretary Moniz to strengthen our energy relationship, realize shared economic benefits, advance energy security and improve environmental protection."
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