There are business, security, environmental and political cases for exporting energy to Japan. There’s also a self\u002Dinterest case.
It’s also a chance to make sure the embarrassment over energy that marred last year’s visit by German Chancellor Olaf Scholz is not repeated.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.
Japanese trading company Itochu Corp., Malaysia’s state energy firm Petronas and Alberta’s Inter Pipeline have conducted a feasibility study andto build one of the world’s largest production and supply systems of low-carbon ammonia and methanol in Alberta. They aim to start construction in 2024 with commercial production to follow in 2027. This is a key step in exporting hydrogen and an important addition to reducing global GHGs. Mitsubishi Corp.
There is also a political case. On the prairies, we rely on exports for one out of every three dollars we earn. Given problems with our current leading export destinations, the U.S. and China, finding new partners is critical. Yet, the Indo-Pacific is a region that has multiple countries it can choose to import from. It also has concerns about the trustworthiness of potential partners. If Canada chooses not to share an abundant resource that Japan needs, we do not look trustworthy or reliable.
Canada is already in the reputational doghouse in Asia. Confidence in our country’s trade infrastructure has plummeted in recent years from. The Canadian government’s apparent lack of awareness, let alone concern over the decline, makes this worse.
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