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Wai Sherman Wang Haifeng Williams Liz

Wai Sherman Wang Haifeng Williams Liz. Problem Definition Canada is insecure in terms of economy and supply because of dependency on foreign energy imports

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Page 1: Wai Sherman Wang Haifeng Williams Liz. Problem Definition Canada is insecure in terms of economy and supply because of dependency on foreign energy imports

Wai ShermanWang HaifengWilliams Liz

Page 2: Wai Sherman Wang Haifeng Williams Liz. Problem Definition Canada is insecure in terms of economy and supply because of dependency on foreign energy imports

Problem DefinitionCanada is insecure in terms of economy and supply

because of dependency on foreign energy imports

Canada domestic energy supply does not currently meet its regional energy needs because of a lack of coordination between provinces and the federal government

Canada is failing to address climate change because of a lack of federal leadership and coordination on targets and policy

Canada is failing to address climate change because of an over-reliance on fossil fuels and a lack of investment and innovation in renewable energy technologies

Page 3: Wai Sherman Wang Haifeng Williams Liz. Problem Definition Canada is insecure in terms of economy and supply because of dependency on foreign energy imports

Issues for negotiation

Our position

Oil sands expansion & market access (pipelines)

• Counteracts reduction of national GHG emissions

• In competition with our interests to meet the energy needs of Atlantic Canada (jobs & economy in NL)

Climate policy (targets & instruments)

•2025 target of 26-28% GHG reductions relative to 2005 levels•80% reduction by 2050•National policy of hybrid carbon tax/cap & trade•Set energy-efficiency targets for the private sector

Renewables • 100% reliance on low-carbon electricity by 2035• Federal financing of infrastructure to increase

supply of hydro and wind energy• Redirect federal subsidies from oil & gas sector

to renewables (including R&D)

Page 4: Wai Sherman Wang Haifeng Williams Liz. Problem Definition Canada is insecure in terms of economy and supply because of dependency on foreign energy imports

Newfoundland & Labrador – Energy Production

Page 5: Wai Sherman Wang Haifeng Williams Liz. Problem Definition Canada is insecure in terms of economy and supply because of dependency on foreign energy imports

Newfoundland & Labrador - Resources OIL:

115,000 – 270,000 barrels/day, primarily export to Europe Offshore. Recent international interest

NATURAL GAS: Offshore potential: 479 million barrels NG liquids &10.86 trillion cubic feet NG Proposals for fracking, but current moratorium

WIND: 51 MW Potential 5,000 MW

HYDRO: 5,429 MW (3,000+ in development) Potential 98% non-GHG electricity to NL, &

40% Atlantic Canada

WORKFORCE: 11.9% (6.9% Cdn avg) unemployment (fisheries collapse) Workers in tar sands

ENERGY POTENTIAL: wave/tidal, wood, peat, methane capture (landfills) Photo: arounddeglobe.com