ARC ENERGY IDEAS

The past week saw a surge in energy-related political developments in Canada. Prime Minister Carney issued a unified Mandate Letter to his cabinet on May 21, 2025, emphasizing that Canada “must build an enormous amount of new infrastructure at speeds not seen in generations. This includes the infrastructure to diversify our trading relationships; to become an energy superpower in both clean and conventional energies.” The newly appointed Minister of Energy and Natural Resources, Tim Hodgson, delivered a constructive message during his visit to Calgary, highlighting the importance of building energy infrastructure, including oil and gas. Meanwhile, the Premiers from Western Canada convened a meeting in Yellowknife. They released a joint statement agreeing to plan and develop an economic corridor for “transporting oil and gas, liquefied natural gas, uranium, electricity, and hydroelectricity to Canadian and world markets.” To discuss these developments, we are joined by our guest, The Honourable Gordon Campbell, President of Hawksmuir International Partners Limited. He is the former Premier of British Columbia (2001–2011), Canadian High Commissioner to the UK and Northern Ireland (2011–2016), and Mayor of Vancouver (1986–1993). Here are some of the questions Jackie and Peter posed to The Honourable Gordon Campbell: Based on the Carney government's constructive comments on energy infrastructure and attracting private investment, including the Energy and Natural Resources Minister's trip to Calgary last week, would you anticipate a new approach from the Liberals compared to the previous decade? The Western Premiers issued a joint statement to develop economic corridors, including those for transporting electricity, natural gas, and oil. What types of projects do you expect David Eby's NDP government to support in British Columbia?  Would you expect the Federal government to revise or repeal energy policies, particularly those that might deter capital investment, such as the industrial carbon pricing policy set to increase to $170 per tonne by 2030 or the oil and gas emissions cap? Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

This week, our guest is Dr. Heather Exner-Pirot, a Senior Fellow and Director of Energy, Natural Resources and Environment at the Macdonald-Laurier Institute in Ottawa, a Special Advisor to the Business Council of Canada, and a Research Advisor to the Indigenous Resource Network. Heather has twenty years of experience in Indigenous, Arctic and resource development and governance. She has published on Indigenous economic and resource development, energy security, and politics. Here are some of the questions that Peter and Jackie asked Heather: Does Canada have defense and security issues in the north? Politicians, including our Prime Minister, support Arctic export ports—do you expect to see new export corridors to the north? The Russians ship LNG from the Arctic, so why not Canada? What are your concerns about Prime Minister Mark Carney's climate policy, as outlined in his Liberal leadership and election platforms? What are the issues with Canada's greenwashing rules that were made law about one year ago? How would you recommend Canada move forward with speeding up the development of large projects—should the Impact Assessment Act (Bill C-69) be scrapped or just modified? What are the prospects for deploying small or micro nuclear reactors (SMRs) in the north? What does the future hold for Indigenous equity participation in major projects? Content referenced in this podcast:Northern Corridors: Hype or Hope? Macdonald-Laurier Institute, April 2025 Heather Exner-Pirot: Mark Carney's climate plan is already outdated, The Hub, February 2025 Canada's Greenwashing Amendment: A failure of process and policy, Macdonald-Laurier Institute, February 2025 From emergency to miracle – Germany's LNG Acceleration Law shows that Western states can still build when they need to, Macdonald-Laurier Institute, January 2024 Learn more about Ontario Power Generation's SMR project, including a video of the site preparation progress, Spring 2025Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

After averaging around $US 75/B over the past few years, the WTI oil price fell below $US 60/B in early May. The weakness is driven by growing concerns about a potential recession resulting from US tariffs and announcements from the OPEC+ group that they will accelerate adding supply to the market, just as demand may be softening. To help us understand the recent volatility in oil prices, our guest this week is Jeremy Irwin, Global Crude Lead at Energy Aspects. Here are some of the questions Peter and Jackie asked Jeremy: Is this a repeat of 2015, when OPEC decided to flood the market to weaken US shale oil producers? Is President Trump influencing the OPEC+ strategy, as he may want lower oil prices to help offset the inflationary effects of US tariffs? At current price levels, how will US oil production respond? If profit is tight at lower prices, will US oil producers prioritize paying shareholders or capital spending? How might changes to US sanctions on Venezuela, Russia, and Iran impact the oil market? When do you expect global (and China's) oil demand to peak? In the short term, how serious is the threat of recession to oil demand? Do you expect Canadian oil export infrastructure to expand? Content referenced in this podcast:See the Energy Aspects website to learn more about their research data, tools, and consulting servicesPlease review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

Canadians voted for Mark Carney and the Liberal government on April 28th, 2025. In his victory speech, Prime Minister Carney asserted, "It's time to build Canada into an energy superpower in both clean and conventional energy." This week's podcast delves into the election results and its potential impact on Canadian energy with guest Greg Lyle, the founder and President of Innovative Research Group, a full-service market research firm with offices in Vancouver and Toronto. Peter and Jackie discussed several topics with Greg, including surprises in the election results, how the Liberal minority government could collaborate with other parties to pass legislation, and the potential future direction of energy policy based on the Liberal platform and Prime Minister Carney's post-election statements. They also explored possible support for LNG export facilities, clean energy initiatives, and carbon capture and storage (CCS) projects like the Oil Sands Pathways Alliance project. Additionally, they considered proposals from the Liberals and industry to amend the Impact Assessment Act (Bill C-69), aiming to expedite decision timelines for project approvals. Content referenced in this podcast:Letter from Canadian energy CEO's to Mark Carney (April 30, 2025) “Build Canada Now: Energy CEOS to the Prime Minster of Canada: An Urgent Action Plan to Strengthen Economic Sovereignty”Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

This week, our guest is John Kousinioris, President and CEO of TransAlta, one of Canada's largest power generators. TransAlta owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the US, and Western Australia, producing electricity from renewable sources and thermal generation. Here are some of the questions Jackie and Peter asked John: What are the reasons behind TransAlta's merger with TransAlta Renewables? What are your expectations for electricity load growth in North America, and how will AI data centers impact demand? Does TransAlta have plans for new investments to meet data center demand? Are there risks to electric system reliability due to fast data center growth? Are there supply chain bottlenecks for new generation projects, and do tariffs compound the issue? What are your perspectives on Alberta's plan to redesign its electricity market? Do you see merit in building an east-west electricity grid in Canada? Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

This week, Peter and Jackie discuss the latest news on the Canadian federal election, including takeaways from the leaders' debate on April 17th and the platform released by the Liberal Party on April 19th. The Conservative Party of Canada (CPC) had not yet released a full platform document at the time of recording.Next, they provide an update on investment in clean energy.  Equity values of publicly traded clean energy companies have fallen for the past four years (as measured by WilderHill Clean Energy ETF). At the same time, based on research by BloombergNEF, the sector registered an increase of 11% in new investment in 2024. The market is becoming bifurcated, with investment in mature and profitable technologies growing, and investment in emerging technologies, which are more dependent on government policy support, declining.  Peter and Jackie also discuss China's dominance in clean energy technology manufacturing and the impact that US tariffs could have on clean energy globally, considering China's strong position and outlook for continuing expansion.  Content referenced in this podcast:Yale Budget Lab's estimate of the US effective tariff rate (April 15)Liberal Platform (released April 19, 2025)BloombergNEF Energy Transition Investment Trends 2025 Edition White House Executive Order “Protecting American Energy from State Overreach” (April 8, 2025)Dan Yergin and Atul Arya “The Troubled Energy Transition: How to Find a Pragmatic Path Forward,” Foreign Affairs (March/April 2025) Nat Bullard Annual Presentation (see slide 135 for China's exports to the US, EU, and Global South)Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

To begin this week's podcast, Peter and Jackie recap the past week's events, including President Trump's tariff U-turn and the escalating US-China tariff war.Next, the conversation turns to Canada, the upcoming federal election, and Arctic export ports. To help us understand the opportunities and challenges with Arctic ports, Chris Avery, CEO of the Arctic Gateway Group joins the show. The Arctic Gateway Group is an Indigenous and community-owned transportation company that operates the Port of Churchill—Canada's only Arctic seaport serviced by rail—and the Hudson Bay Railway, connecting The Pas to Churchill, Manitoba.Here are some of the questions Peter and Jackie asked Chris: What is the condition of the rail line to the port now? What types of goods are currently exported from the port, and what types are expected to be exported in the future? Is it a deep-water port? How much of the year is Hudson Bay covered by ice, preventing exports? Is it feasible to break the ice? They also discussed whether the port could be suitable for LNG exports. Content referenced in this podcast:Mark Carney, Liberal platform, economic pillars for change with a plan for Arctic ports (note, the Conservative party of Canada also has an Arctic control and sovereignty plan, but it does not explicitly identify energy export ports). Energy News “Arctic Pipelines to Capture European Market” (March 26, 2025), reporting that Canadian Prime Minister Mark Carney's initiative aimed at expanding the country's oil infrastructure toward the ArcticLNG Industry, “Ice-breaking LNG carrier for Yamal LNG project named Vladimir Rusanov” (January 2018)Ship Technology “Mikhail Ulyanov Ice-Class Tanker” (December 2008)The BC Government announces more flexibility for the LNG net-zero 2030 policy, see March 28, 2025 letter to project proponent and updated Climate Action Secretariat's Net Zero Plan Requirements Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

This week on the podcast, Jackie and Peter discuss the significant volatility in the financial markets due to the escalating global trade war unleashed by President Trump's “Liberation Day” on April 2nd. Economists and banks are sounding the alarm about the increased risk of a global recession. At the same time, oil prices have fallen by about $US 10/B due to fears of a recession and news that OPEC+ is adding more supply than expected into the market. In Canada, the uncertainty is further compounded by the upcoming federal election scheduled for April 28th, 2025.Content referenced in this podcast:Financial Times, “In charts: winners and losers from Trump's new tariffs” (April 4, 2025)BNN Bloomberg, Trump's tariffs to send U.S. into recession: JP Morgan (April 6, 2025)Polymarket, “ US recession in 2025?”Reuters, “OPEC+ unexpectedly speeds up oil output hikes, oil drops” (April 3, 2025)338Canada, Canadian Federal Election PollingPlease review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

This week, Brian Appelbe, Research Fellow at the Centre for Inertial Fusion Studies (CIFS) at Imperial College London, who specializes in Inertial Confinement Fusion (ICF) and High Energy Density Physics, joins the podcast.Fusion energy aims to create a miniature sun on Earth, utilizing the same process that powers the sun, where tiny atoms fuse together to release a massive amount of clean energy. Recent breakthroughs in fusion include experiments achieving net energy gain and private developers pledging to have grid-connected fusion electricity generation units by the mid-2030s.Here are some questions Peter and Jackie asked Brian: What are the advantages of fusion energy? How does it differ from nuclear fission? Realistically, how long before fusion is a commercial reality delivering electrons to the grid? How has the entrance of private companies and almost $7 billion in total private investment changed the pace of innovation? Do you think fusion energy will eventually be low-cost, and if so, what are the potential new uses of this abundant and cheap form of electricity?Content referenced in this podcast:Dr. Arthur Turrell's book: “The Star Builders – Nuclear Fusion and the Race to Power the Planet”2024 report by the Fusion Industry AssociationPlease review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

This week our guest is Duane Reid-Carlson, President of EDC Associates Ltd., an independent electricity-focused consulting firm based in Calgary, Canada. The firm focuses closely on Alberta power markets. EDC recently published its quarterly report and had some critical words about the government's proposed changes for Alberta's electricity market – called the Restructured Energy Market (REM) - describing it as a “highly complex, expensive, inefficient experiment.” The same sentiment was reflected by almost all the 36 organizations that participated in the Alberta Electricity System Operator (AESO)'s feedback process in early 2025. Stakeholders were nearly unanimous in their comments that the changes will make Alberta's electricity markets more expensive and less reliable – the exact attributes the redesign promised to fix. The sharp criticism spans all industry segments – from natural gas generators and renewable energy developers to consumers and transmission companies. Participants also raised the issue of the AESO skipping the regulatory review from the Alberta Utilities Commission (AUC), which provides an independent review by a regulatory body as a safeguard to prevent any unintended negative consequences from the redesign.   Peter and Jackie examine the concerns and potential long-term negative implications for Alberta's electricity grid, generators, and consumers with Duane Reid-Carlson. Content referenced in this podcast: Stakeholder submissions to the AESO on the Restructured Energy Market (REM) design, January 2025 Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

This week, our guest is François Poirier, President and Chief Executive Officer of TC Energy. While he is based in Calgary, François joined us from Houston, where he attended the CERAWeek Conference. TC Energy has one of North America's largest energy infrastructure portfolios, including natural gas pipelines and electricity generation assets in Canada, the United States, and Mexico.Here are some of the questions Jackie and Peter asked François Poirier: What are some of the top themes at CERAWeek, including the discussion on the infrastructure panel you spoke at? Do you expect the US will build pipelines and other large energy projects faster with President Trump's emergency orders and fast-tracking? What is your outlook for North American natural gas demand, considering the proliferation of plans to build new AI data centres? President Trump would like to revive the Keystone XL oil pipeline; what are your thoughts on that project? Is there an opportunity to move more natural gas between Western Canada and Eastern Canada over Canadian territory using the TC Mainline? Do you see the potential to revive the Energy East pipeline? What did you learn from completing the Coastal Gas Link pipeline which connects natural gas from Northeast British Columbia to Canada's west coast at Kitimat, and how did it compare to your recent project of building a natural gas pipeline in Mexico? Could you envision TC Energy investing in another LNG feed gas pipeline in Canada, and what would need to change for you to make this investment? How urgent is it for Canada to start taking action to accelerate LNG projects, considering competition from Alaska, Mexico, and other foreign suppliers?Content referenced in this podcast:Wall Street Journal Opinion Piece “How to Make North American Energy Great Again” (Feb 3, 2005)TC Energy's Mexico pipeline project ($4.5 billion of investment)TC Energy's Coastal GasLink Project in Canada Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

This week, our guest is Mark Fitzgerald, President and CEO of PETRONAS Canada, which owns a 25% stake in LNG Canada. LNG Canada will be Canada's first major LNG export terminal and is expected to start shipping Canadian natural gas to global markets from Kitimat, British Columbia, later this year. PETRONAS is one of the largest LNG operators in the world and has a key position in the Montney, Canada's leading and world-class shale gas play.Here are some of the questions Jackie and Peter asked Mark: What is the economic impact of LNG Canada Phase 1? How does the Montney compare to other natural gas plays globally? Can Canadian LNG compete with other global suppliers to Asia? How does the carbon emissions intensity of Canadian LNG compare to other suppliers? How would you describe the risk of investing in a Canadian LNG export terminal, compared with other countries where PETRONAS invests? Investment in Canadian LNG has been less than expected compared to a decade ago; what needs to change for Canada to attract new capital for building LNG export facilities? In your view, did BC Premier David Eby's announcement to fast-track 18 projects help address any barriers to investment? Does BC still require LNG facilities to be net zero greenhouse gas emissions by 2030, and does any other country require this? Are there any updates on the potential for a final investment decision (FID) on LNG Canada Phase 2?Content referenced in this podcast:338Canada  – Canadian Federal Election PollingPlease review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

This week on the podcast, we discuss Peter's recent articles in The Hub: “There's a fortune to be made in Canada -  if only we'd seize the opportunity,” and “It's going to take more than diplomacy and defense spending to secure Canada's sovereignty.” The podcast begins with a bit of history, looking back at a 1950s article on the potential to make a fortune in Canada. While the country is still endowed with vast natural resources, investing in Canadian resources has become more complex over the past few decades. The challenge is evidenced by an estimated $150+ billion in projects canceled, withdrawn, or denied and the $50 billion in foreign exits from the Canadian oil and gas industry over the past decade. Another example is the surge of LNG export capacity growth in the US, while in comparison Canada has had tepid investment.Peter and Jackie then discuss some ideas for attracting investors based on conversations over the past month, sparked by President Trump's threat of tariffs and annexation. These include ideas for fast-tracking Canadian trade-enabling infrastructure, including expediting projects that project proponents are already advancing.Content referenced in this podcast:IPSOS poll showing Liberals have a lead (Feb 25, 2025)Politico article, the viciousness of Trump's climate attacks stuns even his critics (Feb 22, 2025)S&P study on the economic impact of US LNGMacdonald-Laurier Institute (MLI) article on Germany's LNG acceleration law by Heather Exner-Pirot (January 15, 2024)Financial Post article Northern Leg to Trans Mountain pipeline attracts interest amid brewing trade war (Feb 21, 2025)Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

This week, our guest is Dan Hoffarth, Chief Executive Officer of Citadel Drilling, a Canadian-based drilling contractor operating in the Permian Basin. Citadel Drilling provides high-performance, automated drilling rigs designed for efficiency and safety.Jackie and Peter ask Dan to fact-check the popular show "Landman” currently streaming on Paramount+. The series is set in the Permian Basin, featuring Billy Bob Thornton as Tommy Norris, a landman who also serves as the VP of Operations.The discussion also provides an update on the Permian Basin, which has surpassed all of Western Canada in oil and gas production and stands as the world's largest producing basin. The rapid production growth in the Permian Basin has cemented the United States' position as the largest producer of oil and gas globally, by a significant margin. They also discuss Donald Trump's plan to “drill baby drill” and what that could mean for the future of US oil and gas production.Content referenced in this podcast:Jackie and Peter's podcast from April 2019 about Jackie's trip to the Permian BasinJackie's blog on the Permian Basin from 2019 - Updated to include the rattlesnake picture referenced in this podcastAaron Foyer's post on GHG emissions savings from wind turbines Enverus blog on methane flaring in the Permian Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

This week, Peter and Jackie discuss Canada's energy security weaknesses for crude oil, natural gas, refined petroleum products, and electricity.First, they cover recent news, including the latest on US tariffs, the Canadian Prime Minister's Canada-US Economic Summit held on February 7th, Mark Carney's Climate Plan, interprovincial trade barriers, and the need to attract private capital to invest in expanding Canada's energy infrastructure, such as ports, pipelines, rail, and transmission lines.Next, Peter and Jackie consider Ontario and Quebec's heavy reliance on crude oil and natural gas transiting through the United States. They also discuss Canada's imports of refined petroleum products and cross-border electricity trade. Content referenced in this podcast:Mark Carney Climate Plan CAPP Data Centre “Canadian Imports of US Crude Oil, Natural Gas and Refined Products”Peter Tertzakian's story “The Long Way Around” also on Apple Podcasts Financial Post, July 2020: “Cenovus first to announce it's shipping Western oil to Eastern refineries through the Panama Canal.”EIA blog that Canada and US trade in electricity is close to balanced (November 2024)Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

This week, our guest is Anne Applebaum, a Pulitzer Prize-winning journalist, historian, and New York Times bestselling author. Her latest book, Autocracy Inc.: The Dictators Who Want to Run the World, explores the global rise of authoritarianism.On February 6th, 2025, Anne spoke at the University of Calgary's Haskayne School of Business annual PETRONAS International Energy Speaker Series. This episode was recorded live at the event.Jackie Forrest moderated the discussion with Anne Applebaum, which covered a wide range of topics, including the timing of her new book, the Trump administration's early actions and executive orders, and the recent deterioration of Canadian-US relations.Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

On February 1st, President Donald Trump signed an executive order titled “Imposing Duties to Address the Flow of Illicit Drugs Across Our Northern Border.” The order calls for a 25% tariff on virtually all Canadian goods imported into the United States and a 10% tariff on Canadian energy products, starting February 4th. In response, Prime Minister Justin Trudeau imposed 25% tariffs on C$155 billion worth of American goods coming into Canada, with C$30 billion starting February 4th and the remaining 21 days later.On February 3rd, after this podcast was recorded, President Trump and Prime Minister Trudeau agreed to pause the tariffs for at least 30 days.To help us understand the escalating trade war, we welcome the Honourable John Manley to the podcast. For over a decade, John served in the Federal Government as Canada's Deputy Prime Minister, Minister of Finance, Minister of Foreign Affairs, and Minister of Industry. He is currently the Chairman of Jefferies Securities Inc., a member of the Board of Directors of TELUS, and a Senior Advisor at Bennett Jones.Here are some of the questions Jackie and Peter asked the Honourable John Manley: What are your thoughts on the abrupt turn in US - Canada relations? What else should Canada be doing at this point? What are Canada's energy vulnerabilities in this dispute? Does Canada have emergency measures it can use? Should Canada boost spending to support businesses and people, and does the prorogation of parliament limit these options?Content referenced in this podcast: John Manley's Op-ed in the Globe and Mail, “Dear Donald Trump: Your plan to create ‘the United States of Canada' is brilliant” (January 15, 2025)The Main Project 25 Document Published in April 2023Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

This week on the podcast, we discuss Donald Trump's inauguration and his return to the Oval Office, including his memorandums and executive orders. Joining the conversation is Christopher Sands, Director of the Wilson Center's Canada Institute, a specialist on Canada, US-Canadian relations, and North American economic integration.Here are some of the questions Jackie and Peter asked Christopher: What is your reaction to President Trump's speech to the business leaders at Davos, specifically his remarks about not needing Canadian lumber, automobiles, or oil and gas? President Trump's inauguration speech mentioned expanding territory; does that mean going to war? The executive order "American First Trade Policy" outlined a process to make trade recommendations by April 1st. However, President Trump also mentioned February 1st as the day tariffs could be imposed on Canada and Mexico. Which date do you expect? How important is it for Canada to increase its military spending? Some of President Trump's executive orders, such as “Unleashing American Energy” and “Declaring a National Energy Emergency,” grant the federal government significant powers—akin to wartime measures—to expedite energy infrastructure development. Do you expect these powers will be challenged in the courts? President Trump has stated that he will end the Green New Deal, and one executive order froze the Inflation Reduction Act (IRA) funds. What is your expectation regarding support for clean energy? Canada currently has a void of federal leadership, and Premiers are filling the gap and going to Washington, D.C.; how is that being viewed in the US?  What are your views on the top contenders for the next Prime Minister of Canada and their ability to negotiate successfully with President Trump and the new Administration?Content referenced in this podcast: The Canusa Street PodcastCanada and the United States: Differences That Count, Fifth edition, David Thomas and Christopher Sands Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

This week, our guest is Michael Berends, Chief Executive Officer and Co-Founder of ClearBlue Markets.  ClearBlue Markets helps clients harness carbon markets to meet their climate objectives.  Here are some questions Peter and Jackie asked Michael: What is the overall sentiment toward carbon markets, especially after the Trump Administration's retreat from ESG initiatives? Are recent recommendations for new quality standards improving trust in voluntary carbon credits? Will COP29's global carbon market mechanism endorsement encourage more international trading? Why are Alberta TIER carbon market offsets discounted by 50%, and why do California LCFS and BC credit markets also have low prices? What are your expectations for Canadian Clean Fuel Regulation (CFR) credit prices, and could the Conservative Party of Canada (CPC) repeal the regulation if elected? Why does Canada have 11 carbon markets? Can industrial emitters trade carbon offsets in Ontario? Content referenced in this podcast:ICE has two futures markets for Alberta Carbon Credits: Alberta Emission Offset and Alberta Emission Performance CreditsPlease review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

The threat of tariffs on Canada's trade with the United States continues to be top of mind, with Alberta's Premier, Danielle Smith, recently returning from Mar-a-Lago after meeting with President-elect Donald Trump over the weekend.This week on the podcast, our guest is Marcus Rocque, Vice President at the ARC Energy Research Institute. Marcus joins Jackie and Peter in discussing the potential for Canadian oil and gas tariffs and the possible market implications. They review Canada's trade surplus with the United States, which is smaller than Donald Trump often claims, and whether the trade surplus is the only motivation for his threats to Canada. Next, they consider the amount of oil and natural gas Canada sends to the United States and the US's ability to substitute some of this consumption with alternative supply. Finally, they consider how the tariffs could impact US consumers and Canadian oil and gas producers.Content referenced in this podcast:Polymarket: “Will Trump impose 25% tariff on Mexico/Canada?” Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

Peter and Jackie start the new year by reviewing their predictions from 2024: what did they get right, and what did they miss?Next, they introduce their top energy themes to watch in 2025 and some predictions. Themes include changing governments and policy in the US and Canada – including the breaking news at the time of recording that Prime Minister Trudeau was resigning. They also predict the return of energy security and sovereignty as a growing conversation in 2025.Finally, they discuss Canada's Clean Electricity Regulations (CER), published in the Gazette, Part II, at the end of 2024. The final rule aims to achieve net zero electricity in Canada by 2050 versus 2035 (the target in an earlier draft). Content referenced in this podcast:Donald Trump's January 2, 2025, X post on how tariffs create wealth for Americans Final Clean Electricity Regulations (December 13, 2024)Jordan B. Peterson Podcast interview with Pierre Poilievre (released January 2, 2025)The deadline to provide a “Notice of Objection” on the oil and gas cap is January 8, 2025. Email the objection to PlanPetrolieretGazier-OilandGasPlan@ec.gc.ca. See more information under the heading “PROPOSED REGULATORY TEXT” in Canada Gazette, Part I, Volume 158, Number 45: Oil and Gas Sector Greenhouse Gas Emissions Cap Regulations Please review our disclaimer at:https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple Podcasts Amazon Music Spotify 

This is our last podcast of 2024! We will be back in the new year with a look back at 2024 and the energy themes we will be watching in 2025.For the last podcast of the year, we welcome Elliot Mainzer, President & Chief Executive Officer, California Independent System Operator (CAISO).California has integrated a large share of renewables into its electricity supply. As of 2023, almost 50% of California's power generation came from renewables. Renewable power generation includes solar (19%), hydro (15%), wind (6%), geothermal (5%), and biomass (2%). Jackie and Peter asked Elliot: What is your expectation for future renewables growth? What is the future of natural gas generation?  Is transmission able to keep up with the addition of new power supply? Do you expect changes under the Trump administration could speed up the permitting for new transmission projects?  Are you concerned about the pace of demand growth and what is driving the acceleration?   Is it fair to say that high renewables penetration has caused California to have expensive power prices?  Alberta is making market changes to address the growth of renewables; how did California address these issues with market design in a way that continued to create a compelling investment opportunity for renewables?  How much electricity does California currently receive from Alberta and British Columbia?Content referenced in this podcast:Statement from CanREA on concerns about punitive market and transmission changes in Alberta, including a link to a Direction Letter from Minister Nathan Neudorf (December 10, 2024)Opinion: Alberta needs solar and wind to meet demand by Vittoria Bellissimo and Evan Wilson, December 12, 20242023 Total System Electric Generation for California (California Energy Commission) Please review our disclaimer at:https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

This week, our guest is Arne Wohlschlegel, Managing Director at Siemens Energy Canada. Siemens Energy Canada provides a range of energy technologies, including natural gas turbines, grid equipment and digital solutions, wind turbines, and hydrogen electrolyzers.Peter and Jackie asked Arne about the power equipment business, including how the potential new tariffs could impact the business and new manufacturing investments. They also discuss technologies for generating electricity from natural gas and efficiency rates. Other questions include: To decarbonize natural gas power generation, is it better to blend clean hydrogen into the feedstock or capture the carbon dioxide from the exhaust? What is the backlog for ordering new natural gas power plants and the waiting time for other key electrical components, such as large transformers? What digital technologies can increase the use of existing grid infrastructure? What are your expectations for offshore and onshore wind generation projects in Canada? Hydrogen development in Canada has been slower than initially expected back in 2022; why the delays, and what are your future expectations?Content referenced in this podcast:Siemens Energy Canada PETRONAS International Energy Speaker Series, Pulitzer Prize winner Anne Applebaum will be in Calgary on February 6, 2025. Early Bird tickets are on sale until January 10. The Ezra Klien Show, podcast with Anne Applebaum “Trump Kicks Down the Guardrails”‘Hype' meets reality as Canada's plans to export hydrogen to Germany stall (October 6, 2024) Please review our disclaimer at:https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas Podcast Apple Podcasts Amazon Music Spotify 

Peter and Jackie start the podcast by discussing President-elect Donald Trump's threat to impose a 25% tariff on all imports from Canada and Mexico and the potential impact on Canadian oil and gas markets and prices.Next, Peter and Jackie welcome their guest, Vittoria Bellissimo, President and CEO of the Canadian Renewable Energy Association (CanREA). CanREA is a national industry association and the voice for Canada's wind, solar, and energy storage solutions.Here are some of the questions Jackie and Peter asked Vittoria: How would you describe the mood of renewable developers in Canada today? Tariffs on solar equipment could be added at the Canadian border; how will this impact the cost of developing solar and wind projects? Why has Canada recently imported more electricity from the United States? Does this mean Canada is already facing tighter electricity markets? Alberta is redesigning its electricity market, called the REM or Restructured Energy Market. Why is this change needed? What concerns do renewable generators have regarding the proposed changes for the Alberta market? Are you concerned about the potential electricity demand growth from AI data centres in Alberta and elsewhere?Content referenced in this podcast:CanREA's Clean Energy Procurement CalendarDunsky report commissioned by CanREA, that defines the potential for onsite or behind-the-meter solar in CanadaEIA note on how US exports of electricity to Canada have increasedCanREA's Go Solar Guide 2024, the go-to source for Canadians looking to install solar on their rooftops and homes Please review our disclaimer at:https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas Podcast Apple Podcasts Amazon Music Spotify 

This week, the podcast begins with Jackie and Peter reviewing recent news, including key takeaways from COP29, the escalation of the Russia-Ukraine conflict, and discussions about potentially restarting the Keystone XL oil pipeline project. They also reviewed President Trump's nominations for the Department of Energy (DOE), the Environmental Protection Agency (EPA), and the US Department of the Interior and plans to launch a National Energy Council to coordinate policies and boost US energy production. Next, Peter and Jackie welcome their guest, Bob Dhillon, the Founder, President, and CEO of Mainstreet Equity Corp., which is a Calgary-based real estate company specializing in acquiring, redeveloping, and managing mid-market residential rental apartment buildings across Western Canada.Buildings, including apartment buildings, are a significant source of emissions. According to the Canada Green Building Council (CAGBC), “residential, commercial, and institutional buildings contribute 17% of Canada's greenhouse gas (GHG) emissions. Considering building materials and construction brings that number closer to 30%, making the building sector Canada's third-highest carbon emitter.”Here are some of the questions Jackie and Peter asked Bob: What is your perspective on the Canadian housing crisis? What are some solutions for solving the housing shortage? Who pays for energy in Mainstreet's apartment buildings? What projects have you undertaken to reduce energy use in the buildings? Who pays for the escalating carbon tax? How would a net zero building code impact the housing shortage?Content referenced in this podcast: Liberty Energy's Report “Bettering Human Lives”Mainstreet Equity Corp. website: https://www.mainst.biz/Please review our disclaimer at:https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

On November 9th, 2024, the Canadian Government published a proposed policy to cap oil and gas sector emissions, known as Canada Gazette Part 1. While the final targets will not be set until 2026, the Government estimates that this policy, in conjunction with other policies, will reduce GHG emissions from the oil and gas sector by 35% in the early 2030s compared to 2019. When flexible compliance options are considered, actual emissions are targeted to decline by 19% from 2019 levels.This week, Sander Duncanson, Partner at Osler and Co-Chair of Osler's national Regulatory, Indigenous, and Environmental practice, joins the podcast. Osler is a leader in Canadian business law.Peter, Jackie and Sander discuss their concerns with the proposed policy. Topics covered include:The low likelihood of the regulation becoming final law.The potential for the policy to create winners and losers, market distortions, and other unintended consequences.The complexity of Canada's regulatory framework which reduces investment.Concerns that Canada and the United States are moving in opposite directions regarding carbon policy. Canada is increasing stringency, while the US is expected to reduce its carbon policy, thereby creating the threat of investment moving from Canada to the US (carbon leakage).The options to provide feedback on the proposed policy are available until January 8th, 2025.Content referenced in this podcast:Canada Gazette, Part I, Volume 158, Number 45: Oil and Gas Sector Greenhouse Gas Emissions Cap Regulations (November 9th, 2024)Consultation feedback can be provided within a series of online forms in the Gazette, Part 1 link above, by January 8th, 2025. Another option for feedback is to submit a “Notice of Objection” by the same date. More information on this option can be found under the heading “PROPOSED REGULATORY TEXT” in the Gazette.Peter Tertzakian's commentary in The Hub “DeepDive: It's time for a carbon policy time-out” (November 2nd, 2024)Osler's Blog “Federal government announces constitutionally questionable oil and gas sector emissions cap” (November 8th, 2024)Please review our disclaimer at:https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple Podcasts Amazon Music Spotify 

On November 5th, Donald Trump was elected as the 47th President of the United States. The Republicans gained a majority in both the Senate and the House of Representatives. There were also recent provincial elections in Canada, including British Columbia, where the incumbent NDP party nearly lost power to the Conservatives. Federally, in Canada, there is potential for a spring election.This week, Shachi Kurl, President of the Angus Reid Institute, joins the podcast to talk about the recent elections and polling.Here are some of the questions that Jackie and Peter asked Shachi: What does the election of Donald Trump tell you about the state of democracies? How important of an issue is immigration? To what extent do Canadians support Trump's policies and approach? What is the likelihood of US import tariffs of 10-20% being applied to Canada? What are the likely energy policies from the Trump administration? What are the priorities in British Columbia post-election, and do you expect any change with respect to natural resource development and LNG? How could the election of President Trump impact the next Canadian election?  Do you expect any leadership changes for the Liberals?  How does climate change rate as a priority for Canadian voters?Content referenced in this podcast: Angus Reid InstituteShachi Kurl, Ottawa Citizen Article, “Don't expect a unified ‘Team Canada' approach to Donald Trump this time” (Nov 8, 2024) Awaiting the next President: Canadians prefer Trudeau to deal with Harris, Poilievre to work with Trump (Nov 4, 2024)Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

This week on the podcast, Peter and Jackie discuss what they are watching for from the upcoming 29th Conference of the Parties to the UN Framework Convention on Climate Change, better known as COP29. The conference will take place in Baku, Azerbaijan, from November 11th to 22nd, 2024. Next, they delve into the IEA's recently released World Energy Outlook 2024. This annual report is widely read and used for discussions on the future of energy. They review some key points that caught their attention, including an outlook for abundant energy supply in the latter part of the 2020s, peak fossil fuels by 2030, electricity's growing role, and the adoption of EVs.They also consider a few new EV labels: extended-range electric vehicles (EREVs) and range-extended electric vehicles (REEVs).They also introduce Peter's recent article on the proposed cap on Canada's oil and gas emissions.Content referenced in this podcast:UN Emissions Gap Report 2024: No more hot air…please! (October 2024)UN “It's Climate Crunch Time” video about three future scenarios, including game over (October 2024)IEA World Energy Outlook 2024Peter Tertzakian' s commentary “It's time for a carbon policy time-out (November 2024)Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

This week, our guest is Chris Levesque, President and CEO of TerraPower. Founded by Bill Gates, TerraPower is advancing fourth-generation nuclear reactor technology in the United States, using a Natrium reactor and molten salt. The company recently made the 2024 Fortune "Change the World" list.Here are some of the questions Jackie and Peter asked Chris Levesque: What is a fourth-generation nuclear reactor, and how does it differ from the operating reactors in North America regarding safety, cost, and waste? Is the United States ahead of other countries in developing these fourth-generation nuclear reactors? What are the strategic benefits for the United States in developing this technology? How is this technology compatible with wind and solar electricity generation? What is the timeline for the regulatory and permitting process for the first facility? When do you expect to start up your first power plant in Wyoming? Does the uranium need to be enriched, and how will the waste be stored? Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

On June 25th, 2024, Cedar LNG announced a positive final investment decision (FID) for a floating liquefied natural gas (FLNG) facility with a nameplate capacity of 3.3 million tonnes per annum (~0.4 Bcf/d) located in the traditional territory of the Haisla Nation, near Kitimat, British Columbia, on Canada's west coast. Commercial operation is expected by 2028, and the project will use the existing Coastal GasLink pipeline (also serving LNG Canada) to deliver natural gas from the production fields in British Columbia and Alberta. The project has an estimated cost of US$4 billion and will be majority-owned by the Haisla Nation. Their partner is Pembina Pipeline Corporation.This week, our guests are Crystal Smith, Chief Councillor of the Haisla Nation, and Scott Burrows, President and Chief Executive Officer of Pembina Pipeline Corporation. They explain the project, the community support, the financing, the environmental review process, and, importantly, what this project means for the Haisla Nation's economic future.Other content referenced in this podcast:Cedar LNG Announces Positive Final Investment Decision (June 25, 2024), scroll down to play the videoSee all videos about the project, including hearing from members of the Haisla Nation: Media Kit - Cedar LNGNational Bank paper making a case for a global GHG reduction from growing Canadian LNG Exports: “Canada Has a Vital Role in Deleveraging the Global Environmental Balance Sheet,” February 2024Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

This week on the podcast, Peter and Jackie reflect on the six years since the podcast started. With over 250 episodes and counting, they have commented on a range of topics and events shaping the energy industry in Canada and beyond.In this episode, Peter and Jackie reflect on the podcasts and events that have stayed with them over the past six years and the topics that keep arising, including divestment and energy security. They also discuss their philosophy of interviewing guests.Special thanks to the loyal ARC Energy Ideas podcast listeners and to Beau Shiminsky at Ear Candy, our sound engineer since day one.Content referenced in this podcast:Energyphile stories on Apple (Audio only)Energyphile stories on the website (written and audio) Ear Candy StudioPlease review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

This week, our guest is Andrew Miller, the Chief Operating Officer of Benchmark Mineral Intelligence, which was established in 2014. The firm provides market prices, supply chain data, forecasting, and strategic advisory for energy transition technologies, including focused coverage on battery supply chains. Here are some of the questions Jackie and Peter asked Andrew: How did the market for battery minerals flip so quickly from being undersupplied to oversupplied? How much lithium-ion battery demand comes from grid-scale storage versus EVs? Are you optimistic that the policies and subsidies introduced by the US and Canada will eventually create an EV supply chain comparable to China? Were you surprised by how fast battery chemistries changed when mineral prices were high? Are lithium-ion batteries below the $100/kWh level yet? With improved mineral availability, are automakers continuing to pursue vertical integration? Is it possible that deep-sea battery minerals could add more supply than expected?Other content referenced on the podcast:Benchmark Mineral Intelligence website: https://www.benchmarkminerals.com/Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

This week, Peter and Jackie discuss recent news headlines. Here is what they explored:Canadian Federal Politics. Last week was not the time for an election as the NDP and the Bloc Québécois did not support the Conservative Party of Canada's motion for a carbon tax election. But when will the election be held, and what does a faster election mean for advancing new energy legislation and regulations? Climate Week NYC is an annual event that focuses on addressing climate change. Peter and Jackie discuss the news that caught their attention while watching headlines from the week, including a nuclear energy renaissance. There is also a growing recognition that greenhouse gas emission reduction goals are not being achieved and that oil demand continues to grow.Canadian Electricity Markets. Ottawa opened a consultation to consider adding a surtax on Chinese modules, semiconductors, batteries, and battery parts imported into Canada, similar to the 100% surtax on EVs introduced in the summer.Electricity demand in Canada is growing. As a result, several provinces, including Ontario, British Columbia, and Quebec, have recently made calls to build new electricity generation plants. Alberta, however, is in the middle of an electricity market redesign that is, for now, making new investment in the province uncertain.Oil Markets. While WTI oil price stayed in the $US75-85/B range for most of 2024, it fell to $US65/B on September 10th and recovered to $US68/B at the podcast recording time. Jackie and Peter discuss factors contributing to the weakness in oil prices.Other content referenced in this podcast:World Nuclear News: Constellation to restart Three Mile Island unit, powering Microsoft (September 2024)DCD: Oracle to build nuclear SMR-powered gigawatt data center (September 2024)Canada consults on measures to protect Canadian workers in critical manufacturing sectors from unfair Chinese trade practices (September 2024)Alberta AESO stakeholder feedback on potential strategic reserves Financial Times:  Saudi Arabia ready to abandon $100 crude target to take back market share (September 2024)Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

So far this year, electric vehicle (EV) sales have been less than expected in the United States and Europe, but growth remains strong in China. Why is EV adoption slowing in North America, and what is different in China?We examine the latest sales numbers and the factors that could be contributing to slower growth in North America. Factors include a lack of charging infrastructure, the high cost of fast charging, high depreciation, and a current shortage of plug-in hybrid options. EV competitiveness with gasoline cars, especially in the compact car segments, remains an issue.To help us with the conversation, our guest this week is Lawrence Romanosky, a Calgary-based 'car guy' with 20 years of experience as a luxury car sales manager. Lawrence was responsible for the first rollout of the Porsche Taycan all-electric car at the dealership in Calgary in 2019. Check out his auto blog and website here.Content referenced in this podcast:LUGNUTZ self-service facility for automotive enthusiasts Wall Street Journal “What Scared Ford's CEO in China,” Sept 14, 2024 Article from Spectrum News on a study from iSeeCars.com  “EVs depreciate more than any other vehicle type, study says,” November 2023 AAA Newsroom “Your Driving Costs: The Price of a New Car Ownership Continues to Climb,” September 2024, includes a special analysis comparing the cost of EV and hybrid ownership to gas-poweredElectrek “BYD $10,000 Seagull EV was the top-selling car in China last month,” September 2024 Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

This week, our guest is the Honourable Christy Clark, the 35th Premier of British Columbia and Canada's longest-serving female Premier. Christy Clark is currently a Senior Advisor for Bennett Jones LLP.Politics is top of mind for energy decision-makers with the upcoming US election, Canadian federal by-elections, the possibility of an early federal election in Canada, and a provincial election next month in Christy Clark's home province of British Columbia.Here are some of the questions Jackie and Peter asked Christy Clark:Are you surprised that the NDP has been slipping in the polls in BC? Explain the BC United Party (former BC Liberal Party) recently folding into the Conservative Party of BC. Is there potential for the provincial Conservative Party to win in BC next month? Is climate change still an important issue for BC voters? You worked to get BC's LNG industry started, with over 15 potential projects expected at one point; what is your view on the industry now? Is more electrical generation capacity needed to meet future demand, besides the Site C hydro dam? Now that it has started, how do people feel about the Trans Mountain expansion oil pipeline? With the federal NDP ripping up their agreement to cooperate with the Liberals, do you expect the federal election will occur sooner than October 2025? What are the chances that Justin Trudeau will withdraw from the federal Liberal leadership before the election? Do you have any federal political aspirations?Content referenced in this podcast:Current polling of BC provincial election at 388canada.com Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

This week, our guest is Rob West, founder and CEO of Thunder Said Energy. Founded in 2019, the research firm aims to help decision-makers find economic opportunities in the energy transition. Rob lives nine time zones away in Estonia and is an uber-productive energy expert who covers a wide range of topics in his consultancy. Rob explains why he hates S-curves, since they are often used to assume future growth rates for new energy technologies instead of properly analyzing what is realistic.  Here are some of the questions Peter and Jackie asked Rob: What do you think of the recent sell-off of clean energy stocks and the reasons behind some company failures? How much do you think the electricity demand will grow due to AI? Will there be investment in new natural gas-fired generation to meet this demand growth, despite the concerns about carbon emissions?  Why do you think solar is the most important energy source in the world? Why do you see power grids as the biggest bottleneck in the energy transition? Do you think naturally found hydrogen in the earth's subsurface, also called “gold hydrogen,” could be the next “gold rush”? Other content referenced in this podcast:  Thunder Said Energy website, see past research notes and sign up for daily email: https://thundersaidenergy.com/ FT article “More cleantech companies fail as fundraising challenges emerge (ft.com),” September 2, 2024 Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media: X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas Podcast Apple Podcasts Amazon Music Spotify 

So long summer!  Peter and Jackie are back in the studio and are discussing the energy news from the past few months. They kick off the podcast by discussing political developments in the United States and Canada. Then, they examine the drop in clean energy stocks over the summer and the weaker market sentiment, including the rapid decline in BC's low carbon fuel standard (LCFS) credit price. Lastly, they discuss the low prices for natural gas in Alberta, which averaged only $C 0.60/GJ in August. Content referenced on this podcast:  McKinsey and Company “The Energy Transition: Where are we, really” (August 27, 2024) Canary Media “US Clean Energy Investment is Soaring Thanks to Climate Law” (August 16 2024) and Clean Investment Monitor: Q2 Update  BC Low Carbon Fuel Standard (LCFS) price history, scroll to the Credit Market Data Section to download. ExxonMobil Global Outlook: Our view to 2050 (August 2024) Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media: X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas Podcast Apple Podcasts  Amazon Music Spotify 

This week, we are joined by Nancy Southern, Chair & Chief Executive Officer of ATCO Ltd., and Chair & Chief Executive Officer of Canadian Utilities Limited, an ATCO Company. ATCO is a publicly traded company that offers innovative and sustainable solutions to customers in various sectors, such as housing, real estate, energy, water, transportation, and agriculture. Under Nancy's leadership, ATCO is growing the EnPower division, which focuses on energy transition and includes hydrogen, CCS, water, energy storage, solar, wind, and hydro. Peter and Jackie asked Nancy: How did ATCO start and what are the business lines today? How do you continue your father's legacy and the corporate culture he established? Tell us about your Alberta hydrogen project and the potential for exporting hydrogen to Asia. Update us on ATCO's recent final investment decision (FID) on the Atlas Carbon Storage Hub in partnership with Shell. What are your views on the federal government's proposed Clean Electricity Regulations (CER) to achieve net zero electricity by 2035? What is your perspective on Alberta's proposed changes to renewable power development, electricity markets, and transmission costs? Content referenced in this podcast: Canadian Government's Clean Fuel Regulations Credit Market Report (June 2024) Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas Podcast Apple Podcasts Amazon Music Spotify 

This week, on our Calgary Stampede podcast edition, our guest is Avik Dey, President and Chief Executive Officer of Capital Power. Capital Power is a publicly traded North American power producer headquartered in Edmonton, Alberta. Capital Power owns renewable and thermal power generation facilities, totaling over 9 GW of power generation capacity across 32 facilities. Here are some of the questions Peter and Jackie asked Avik: Is it possible to deliver clean, reliable, and affordable electricity? Does Capital Power currently generate any electricity from coal? Do you expect small modular reactors (SMRs) to be built in Alberta in the future? Texas generates a greater share of its electricity from renewables than Alberta, yet Alberta is hitting the brakes on renewable development – how is Texas managing the increase in renewables, and what can Alberta learn? Are you concerned by the potential for rapid growth in electricity demand to fuel AI data centers in Alberta? Why did Capital Power recently cancel its proposed $2.4 billion Carbon Capture and Storage (CCS) Genesee project in Alberta? Considering the draft Clean Electricity Regulations, would you still invest in new natural gas generation in Canada? Any comments on Quebec's plan to build and operate large-scale renewable projects in the province versus procuring the power from independent power producers?  Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media:  X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute  Subscribe to ARC Energy Ideas Podcast Apple Podcasts Amazon Music Spotify 

On June 20, 2024, Bill C-59 received Royal Assent and officially became law, implementing its provisions into Canadian legislation. The Bill, along with Bill C-69, which was passed on the same day, introduced new subsidies to encourage investment in clean energy in Canada. Bill C-59 established the Clean Technology Investment Tax Credit and Carbon Capture, Utilization, and Storage Tax Credit. Bill C-69 created the Federal Indigenous Loan Guarantee, the Clean Technology Manufacturing Investment Tax Credit, and the Clean Hydrogen Investment Tax Credit. However, the positive impact of these new subsidies was overshadowed by the greenwashing regulations added late in the process for Bill C-59. The new greenwashing rules amend the Competition Act to require that claims made by companies about environmental, ecological, or climate change benefits can be verified. Because of the ambiguity of what is needed to comply with the rules, many energy companies have deleted all GHG emissions and other sustainability content from their websites, including annual sustainability reports and commitments to improve environmental performance in the future. This week on the podcast, our guest, Kaeleigh Kuzma, a Partner at Osler in the Competition, Trade, and Foreign Investment Group, explained the new greenwashing rules. Here are some of the questions Peter and Jackie asked Kaeleigh: Why is greenwashing included in the Competition Act? Can you explain the provisions? What does “proper substantiation in accordance with internationally recognized methodology” mean? Why are the rules so vague, and what is the process for clarity? Do these rules only affect oil and gas and other heavy-emitting companies, or do they also apply to clean energy companies? What is the process for filing a complaint against a company to the Competition Bureau? What are the methods of enforcement? Other content referenced in this podcast:   Osler's detailed multi-part guide on the Competition Act amendments, with a specific section on deceptive marketing practices and greenwashing, here. Text of Bill C-59, see 74.01 (1), including (b.1) and (b.2) Form to provide feedback to the Competition Bureau on the amendments to the Act Kevin  Krausert opinion “Ottawa's anti-greenwashing bill will cripple cleantech innovation” (June 20, 2024)Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media:  X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute  Subscribe to ARC Energy Ideas Podcast Apple Podcasts Google Podcasts Amazon Music Spotify 

This week on the podcast, our guest is Stephen Poloz, former Governor of the Bank of Canada, Author, Special Advisor at Osler, and recently appointed by Finance Minister Chrystia Freeland to lead a working group to explore how to catalyze greater domestic investments by Canada's pension funds.  This is Stephen's second appearance on the podcast. The first was in 2022 after he released his book The Next Age of Uncertainty. Here are some of the questions Jackie and Peter asked Stephen: What precipitated the thesis that Canadian pensioners are better off with more investment in Canada? What can you say about the pension investment working group, the deliverable you are working towards, and the potential timing? Why has inflation been so persistent in Canada and globally? What are your expectations for Canadian interest rate announcements in the future? Carolyn Rogers, senior deputy governor of the Bank of Canada, recently said in a speech, it's time to “break the glass” and respond to Canada's productivity “emergency” – do you agree that productivity is an emergency? How important is free trade with the United States for Canada's economy? What are your thoughts on the Canadian government committing tens of billions of dollars to support the EV sector in Canada? Are you concerned about Canada's ongoing deficit budgets and growing debt levels?  Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/       Check us out on social media:      X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute      Subscribe to ARC Energy Ideas Podcast  Apple Podcasts  Google Podcasts  Amazon Music  Spotify      

This week, our guest is David Hobbs, Executive Chairman of Pantheon Resources PLC and Chairman of Proton Green LLC. David has an extensive background in energy research, having served as Head of Research at King Abdullah Petroleum Studies and Research (KAPSARC) in Riyadh, Saudi Arabia, and as Chief Energy Strategist at IHS CERA (now part of S&P Global Commodities Insights).  The podcast is a new game-style format this week, where Jackie and David engaged in a lively debate on some of the big issues in energy, with Peter as the moderator. Some topics they discussed include: How would a second Trump presidency affect NATO's future? How do the US presidential candidates differ in terms of energy policy? When is the end of oil? How would a Pierre Poilievre-led Conservative Party of Canada alter energy policy in Canada? How are the Middle East and Ukraine conflicts impacting the oil market? How will AI impact the future of energy? What will be the next acronym after ESG? Should any change be expected as the UN Climate meetings mark the 10th anniversary of the Paris Agreement? Content referenced in this podcast:Remarkable digital notepad Roger Pielke Jr. from the University of Colorado  Vaclav Smil, Distinguished Professor Emeritus at the University of Manitoba Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media:  X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute  Subscribe to ARC Energy Ideas Podcast Apple Podcasts Google Podcasts Amazon Music Spotify

According to the IEA, heat accounts for almost half of final global energy consumption, with approximately two-thirds currently sourced from hydrocarbons. Net zero energy scenarios anticipate that heating can be predominantly electrified.  In pursuit of lower-carbon buildings, high-efficiency air-source heat pumps offer a promising decarbonization and energy reduction solution. Further, the Canadian federal government and some provinces support the transition to air-source heat pumps by subsidizing their purchases.In this episode, Jackie and Peter review the ARC Energy Research Institute's analysis of heat pumps for northern climates like Canada. Danielle Vitoff, Director of Energy Transition, Sustainability, and Infrastructure at Guidehouse, a global consulting firm, joins the discussion. Key questions covered in this podcast include: How do air-source heat pumps operate, and what makes them so efficient? Why does the efficiency of a heat pump decline in colder temperatures? How do heat pumps' upfront capital and operating costs compare to alternatives like natural gas or fuel oil furnaces? How could broad-scale switching to electric heat pumps affect the electricity grid? Considering the cold climate, are air-source heat pumps a good fit for Canada? Content referenced in this podcast: CAPP Data Centre US residential heat pumps: the private economic potential and its emissions, health, and grid impacts (Source: US Department of Energy) Pathways for British Columbia to Achieve its GHG Reduction Goals (Source: Guidehouse, prepared for Fortis BC) Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media:  X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute  Subscribe to ARC Energy Ideas Podcast Apple Podcasts Google Podcasts Amazon Music Spotify  

This week, our guest is Jennifer Williams, President and CEO of Newfoundland and Labrador Hydro. Hydro manages Newfoundland and Labrador's electricity system, generating and transmitting most of the province's electricity, and exporting electricity to other parts of Canada and the United States. Newfoundland and Labrador Hydro operates several hydroelectric plants, including the Churchill Falls Generation Station in Labrador, which has a capacity of nearly 5,500 MW and is among the top ten hydro dams in the world outside of China. The utility has also recently commissioned Muskrat Falls, with a capacity of 824 MW. Here are some of the questions Peter and Jackie ask Jennifer: What percentage of the electricity generated in the province is exported? Is Muskrat Falls operating at full capacity now, including the undersea transmission lines? What were some of the reasons for the high cost of Muskrat Falls?  Can you discuss Churchill Falls, the technical achievement of building the project, and the contract that set a low power price for 70 years? How much potential is there to develop additional generation in the province?  Do you anticipate green hydrogen projects operating in the region? From your perspective, why was the Atlantic Loop transmission project scaled back? Are you concerned about the draft Clean Electricity Regulations legislation, which proposes net- zero electricity by 2035?  Content referenced in this podcast:  The Canadian Association of Petroleum Producers (CAPP) commissioned a report on the economic impact of the federal government's proposed oil gas emissions cap on the conventional oil and gas industry  Muskrat Falls Inquiry Website Supreme Court of Canada Judgment:  Churchill Falls (Labrador) Corp. v. Hydro‑Québec  Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media:  X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas Podcast Apple Podcasts Google Podcasts Amazon Music Spotify  

Despite frequent pronouncements that the world should stop using coal, it still consumes vast amounts of black rocks. According to the Energy Institute's Statistical Review of World Energy, coal's global primary energy consumption was about 15% above natural gas in 2022 and only 15% lower than crude oil.  Coal consumption has yet to decline. Instead, coal use has plateaued for the better part of the last decade.  Because of its carbon intensity and large consumption, Peter and Jackie describe coal as the “herd of elephants” in the room for meeting aggressive decarbonization and climate goals under the 2015 Paris Agreement. This week, our guest is Lara Dong, Senior Director, Global Coal Research, S&P Global Commodity Insights. Lara explains why coal demand has been resilient and what to expect in the future.  Here are some of the questions Peter and Jackie ask Lara: Is coal consumption expected to stay strong? Why is China still building new coal power plants?  How does this compare to clean electricity additions in China, including wind, solar, and hydro? Is there still ongoing new investment in coal mines to add supply?  Why was 2021 a pivotal year for Chinese energy policy?  How did the 2022 energy crisis impact China's and India's energy policy for coal? Do you think the IEA Net Zero scenario, which assumes a 90% drop in coal consumption by 2050, is likely?  If Canada were to increase its LNG exports to Asia, would this decrease coal consumption (and greenhouse gas emissions) in the region? Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute  Subscribe to ARC Energy Ideas Podcast Apple Podcasts Google Podcasts Amazon Music Spotify

This week, our guest is Dawn Farrell, President and CEO of Trans Mountain Corporation. On May 1, 2024, the Trans Mountain Expansion Project (TMEP) started commercial operations. Over a decade in the making, this milestone is a huge accomplishment. Originally built in 1953, the expansion project triples the pipeline's capacity from 300,000 to 890,000 B/d.   This significant expansion of Canada's only oil pipeline to the West Coast comes at an important time since Canadian production was expected to hit the limits of the existing pipeline system later this year. The expansion will allow Canadian crude oil to access new markets in California and Asia, and it is expected to lift oil prices by increasing the number of buyers for Canadian oil. The TMEP is not without controversy, given its high cost (currently estimated at $C 34 billion compared with $C 7.4 billion in 2017), opposition to the pipeline in some areas of British Columbia, and the Federal government's purchase of the project in 2018.Here are some of the questions Peter and Jackie ask Dawn: Tell us about the pipeline operations currently, has Alberta crude oil reached the dock in Burnaby, British Columbia? What are the logistics, operations, and safety precautions for moving the Aframax tankers from the Burnaby Terminal to the open ocean? What is the importance of this pipeline to Canada? What are some of the factors that contributed to the high costs? What is the process and timing for the current regulatory hearing that could change the tolls? Content referenced in this podcast: Trevor Tombe: The Trans Mountain pipeline was worth every penny of its $34 billion price tag (April 30, 2024) Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media: X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas Podcast Apple Podcasts Google Podcasts Amazon Music Spotify 

This week our guest is Doug Hooper, Director of Policy and Regulations at Advanced Biofuels Canada. Advanced Biofuels Canada is an industry association that promotes the production and use of biofuels and renewable synthetic fuels. One of the topics covered in the podcast is Canada's Clean Fuels Regulation (CFR). The policy is nearing its first anniversary after coming into effect on July 1, 2023 (Canada Day). The rule requires Canadian refiners and fuel importers to reduce the carbon intensity of the gasoline and diesel sold by about 2% annually between 2023 and 2030.  By 2030, under the rule, Canada's average gasoline and diesel fuel will be 15% less carbon intensive.  Biofuels will be a major compliance source for the new rule; emissions reductions are also expected in upstream oil and gas (for domestically consumed oil) and alternative transportation fuels, such as hydrogen and electricity.The conversation considered Canadian competitiveness with the United States for liquid biofuel production. Doug explained how the Inflation Reduction Act (IRA) of 2022 put a chill on investing in biofuel production facilities in Canada. The recent Canadian Federal Budget 2024 introduced some new measures to help close the gap, but will this be enough? Research referenced in this podcast:  The annual report from Navius Research called “Biofuels in Canada 2023”  Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/   Check us out on social media:  X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute  Subscribe to ARC Energy Ideas Podcast Apple Podcasts Google Podcasts Amazon Music Spotify  

Jackie and Peter provide an update on ESG this week on the podcast.  Has the anti-ESG movement started to change companies' reporting and actions?   To answer this question, they reviewed some articles and research that point to the recent loss of momentum and profile for the ESG movement.  There have also been examples of companies exiting sustainability-focused organizations. While sustainability may have peaked in these regards, it is not going away. Companies continue to report on their sustainability performance and set goals for improvement. Mitigating and monitoring the risk associated with ESG-related issues is also important. Content Referenced in this Podcast: Nat Bullard's website and 200-page annual slide deck Catalyst w/ Shayle Kann podcast with Nat Bullard: 2024 trends, part 2: ESG, carbon certifications, curtailment, and AI (February 2024) The Wall Street Journal: Diversity goals are disappearing from companies' annual reports (April 2024) GreenBiz: Microsoft, P&G, Unilever, and Walmart among 239 companies to miss net-zero deadline (March 2024) Globe and Mail: Emissions standards group roiled by controversy after opening door to offsets (April 2024) Financial Times: Two pension funds quit Mark Carney's green alliance (September 2022) Bank of America reneged on a commitment to stop financing new coal mines and coal power plants (February 2024) Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/   Check us out on social media:  X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute  Subscribe to ARC Energy Ideas Podcast Apple Podcasts Google Podcasts Amazon Music Spotify  

The 2024 Canadian Federal Budget was released on April 16th. This year's budget is focused on affordability, housing, and spending on social programs such as pharmaceutical care, daycare, and dentist care.  Peter and Jackie discuss the budget, including the size of the deficit and the planned increase in capital gains taxes. They also cover energy-related updates from the budget, such as changes to investment tax credit programs (ITCs), adjustments to the green home subsidy, and the announcement of an Indigenous Loan Guarantee Program. They also mention that the Canada Growth Fund, which has pledged $7 billion to carbon markets, now aims to provide more off-the-shelf support for decarbonization projects while continuing to support bespoke opportunities. Environment and Climate Change Canada (ECCC) also plans to collaborate with provinces to improve carbon markets. The budget includes commitments to develop guidelines for investing in green and decarbonization projects (called a taxonomy); it also encourages Canadian pension funds to invest more in Canada, with a working group set up to explore this further.  Content referenced in this episode: Canada Budget 2024   RBC Report on if Canada's AAA credit rating is at riskTrevor Tombe: Why Raising Capital Gains Taxes Make Sense - Yes, Really (April 17, 2024, The Hub) Senior Business Leaders Support Proposal Asking Pension Funds to Invest More in Canada (March 6, 2024, Globe and Mail) Canada Energy Transition Taxonomy Roadmap (September 2022) by the Sustainable Finance Action Council (SFAC). Note that SFAC has submitted this roadmap, and it is not the official position of the Government of Canada.   Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/   Check us out on social media:  X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute  Subscribe to ARC Energy Ideas Podcast Apple Podcasts Google Podcasts Amazon Music Spotify  

The threat of a wider Middle East war is increasing. Over the past weekend, Iran attacked Israel with missiles and drones in retaliation for Israel's suspected strike on Iran's embassy in Syria. This week, our guest, Raoul LeBlanc, Vice President, Energy, S&P Global Commodity Insights, explains why oil prices have increased over the past few months, including the impact of the growing conflict in the Middle East, OPEC+, and US shale oil growth. Jackie and Peter also asked Raoul about recent research by Prof. Robert Howarth from Cornell University. The paper, which has not yet been peer-reviewed, concludes that US LNG could be comparable to, or even worse than, coal from a GHG emissions perspective when methane leaking is considered. A BNN article reported that Howarth's paper influenced President Biden's pause on LNG approvals.  Finally, Raoul explains the drivers for US oil and gas producers' recent mergers and acquisitions (M&A) and if this trend could come to Canada. Content referenced in this podcast:  How One Scientist Influenced Biden's Pause on LNG Approvals (BNN Bloomberg, Feb 29, 2024) The Greenhouse Gas Footprint of Liquefied Natural Gas (LNG) Exported from the United States by Robert W. Howarth, Department of Ecology & Evolutionary Biology, Cornell University (version is not final and it is currently in a peer review process; original version submitted October 2023, revised version submitted March 2024) Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/   Check us out on social media:  X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute  Subscribe to ARC Energy Ideas Podcast Apple Podcasts Google Podcasts Amazon Music Spotify   

This week on the podcast, our guest is Rebecca Lindland, Senior Director of Industry Data and Insights at Cars Commerce. Cars Commerce has a platform to simplify the next generation of automotive retail, including Cars.com, AccuTrade, Dealer Inspire, and coming soon, Cars Commerce Media Network. Rebecca is a highly respected expert in the automotive industry. She shares her views on the rise of plug-in hybrids, the recent headwinds for pure electric cars, and new auto technology. Here are some of the questions Peter and Jackie asked Rebecca: How is the auto industry doing now, and is it generally profitable?  Explain the difference between pure-electric, plug-in hybrid, and traditional hybrids. Why are sales of hybrid vehicles increasing in the US?  Do the new US EPA auto rules for increasing electric technology include hybrids? Is the higher price of plug-in hybrids and pure electric vehicles a barrier to sales? Why are Tesla's sales slowing? Explain BYD's success in 2023 and if they could come to North America.  Do you think solid-state batteries, if they become available, will increase EV adoption rates? Are self-driving electric cars just delayed, or are they no longer likely?  Other content referenced in this podcast: NYT article from January 2024: “Hybrid Cars Enjoy a Renaissance and All Electric Sales Slow.” Artist of Rebecca's office car art: Lyn Hiner StudioPlease review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media:  X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute  Subscribe to ARC Energy Ideas Podcast Apple Podcasts Google Podcasts Amazon Music Spotify