Canadian Prime Minister Carney Signals Support for New Pipeline

Canada’s new Prime Minister, Mark Carney, suggested he would support a new pipeline project if there is consensus about it, he said in an interview with CTV News.

First off, I’ve said repeatedly: yes. First point,” Carney said in response to a question about new pipelines. “Secondly, because I understand the need for that consensus. I’m a prime minister who can help create that consensus,” Carney also said.

The Prime Minister did not elaborate on what specific kind of pipeline he would seek to create consensus for, he has previously said that “We have to choose a few projects, a few big projects, not necessarily pipelines, but maybe pipelines. We’ll see,” in comments on the Liberals’ campaign for turning Canada into an energy superpower by combining both oil and gas, and alternative energy sources, of which, the campaign claims, Canada has unlimited resources.

Further, Carney told Canadian media in April that “If you want a simple answer on ‘Will I support building a pipeline?’ Yes. That simple answer. I’ve given that multiple times.” The Prime Minister added, however, that a pipeline alone is “not enough to make Canada an energy superpower,” in what looks very much like rather mixed messaging, especially given his full and very vocal support for the energy transition.

Interestingly, despite this support for the transition and emission caps and taxes, Carney said in the CTV News interview that oil and gas were an element of turning Canada into an energy superpower. He did make sure to note that they were not going to be the only element of it.

“Just doing one pipe. It’s good. Don’t get me wrong, it’s good. That’s a positive thing and working collaboratively in order to happen. But it’s not enough,” Carney said. “We need to do multiple things at the same time in order to build this base so that we are creating wealth and competitiveness, better lives for Canadians for generations,” the Prime Minister also said. 

By Irina Slav for Oilprice.com

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