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
-
Tariffs and Tech: An Uncertain Recipe
Commentary
Higher tariffs could prompt American cloud companies to shift more of their capital investments abroad....
By Pablo Chavez
-
How Do You Tariff a Movie and Liza Tobin on the Trade War with China
Podcast
China expert Liza Tobin, managing director at Garnaut Global and new CNAS adjunct senior fellow, joins Emily Kilcrease and Geoffrey Gertz to discuss the ins and outs of the US...
By Emily Kilcrease, Geoffrey Gertz & Liza Tobin
-
Friendshore First, Trade War Second
Podcast
Edward Fishman is the author of Chokepoints: American Power in the Age of Economic Warfare. Fishman is an adjunct senior fellow at the Center for a New American Security (CNAS...
By Edward Fishman
-
Trump's First 100 Days in Trade Policy
Podcast
Emily and Geoff look back on the first 100 days of Trump’s trade policy, with a focus on how different parts of the U.S. political and economic system are reacting. They get i...
By Emily Kilcrease & Geoffrey Gertz
