January 24, 2023
On LNG, Canada Turned Away Germany, Then Japan—This Country Cannot Keep Doing That
In mid-January, Prime Minister Fumio Kishida announced Japan’s interest in buying more Canadian energy supplies. Canadian Prime Minister Justin Trudeau lauded Japan for agreements to purchase from the soon-to-launch LNG Canada project, before quickly changing the subject to critical minerals and battery production, the newest focus of his country’s industrial policy. While those latter efforts can be positive for Canada, Mr. Trudeau’s messaging reflects a missed opportunity for Canada to use its energy not just for its own benefit but that of others.
Canada has an opportunity to insist producers invest in the cleanest LNG supplies.
To his credit, Mr. Trudeau avoided making the same statement he made some months ago, when he claimed, on German Chancellor Olaf Scholz’s visit, that there was “no business case” for meaningful increases in LNG exports. Still, much like with Germany, which ended up securing only a few agreements on hydrogen projects after Mr. Scholz’s visit, Mr. Trudeau gave Japan no promises of expanding LNG projects or encouraging new ones.
Read the full article from The Globe and Mail.
More from CNAS
-
Energy, Economics & Security / Technology & National Security
Scrapping AI Export Controls Is Self-DefeatingBeijing surely has two goals in mind: Signal to domestic companies that they ought to shun American technology as soon as possible, and manipulate Nvidia to reveal how it desi...
By Liza Tobin & Matt Pottinger
-
Game Over?
The trade wargame suggests that sustained high tariffs could create leverage and urgency to spur action toward a productive restructuring of the international trade system....
By Emily Kilcrease & Geoffrey Gertz
-
Indo-Pacific Security / Energy, Economics & Security
Trump Hits India with 25% TariffThere have been signs of trouble in the U.S.-India talks, according to a Lisa Curtis from the Center for a New American Security, joining Bloomberg TV, including the U.S. want...
By Lisa Curtis
-
Editor’s Pick: How Economic Warfare Impacts Energy
This week, we’re revisiting a conversation Jason Bordoff had with Eddie Fishman, adjunct senior fellow at the Center for a New American Security, about his book Chokepoints: A...
By Edward Fishman