The President of the United States signed the “Big, Beautiful Bill” into law on July 4th. The new legislation brings big changes to the future of U.S. clean energy development. It reduces many (though not all) of the Biden-era subsidies from the Inflation Reduction Act of 2022 (IRA). This week on the podcast, our guest is Mike Carr, Executive Director at SEMA Coalition —an organization supporting the U.S.-based solar supply chain. Mike has extensive experience in U.S. federal energy policy, incl...
Jul 08, 2025•33 min•Season 1Ep. 291
This week, our guest is Mark Maki, Chief Executive Officer of Trans Mountain Corporation. The original Trans Mountain pipeline was built in 1953, and the Expansion Project was completed just over one year ago, nearly tripling the pipeline’s capacity to 890,000 B/d (from 300,000 B/d). Here are some of the questions that Jackie and Peter asked Mark: How much do you expect to pay your shareholder (the Canadian Government) in 2025 and 2026? What are the logistics of moving the oil by tanker? Where a...
Jun 24, 2025•41 min•Season 1Ep. 290
This week, our special guest is Daniel Yergin, Vice Chairman of S&P Global and Chairman of S&P's CERAWeek conference. Daniel is the Pulitzer Prize-winning author of “The Prize: The Epic Quest for Oil, Money, and Power” . His most recent book is “The New Map: Energy, Climate, and the Clash of Nations” . Please note that the interview with Daniel Yergin was recorded on June 11th, before the Israel and Iran conflict began on June 13th, 2025. Here are some of the questions Peter and Jackie a...
Jun 17, 2025•33 min•Season 1Ep. 289
This week on the podcast, we discussed Jackie’s recent visit to St. John’s, Newfoundland and Labrador, to attend the Energy NL conference. Energy NL is the province’s energy supply and service sector association, which annually hosts the province’s flagship conference on conventional and clean energy. This week, Charlene Johnson, Chief Executive Officer of Energy NL, joins the podcast to explore Newfoundland and Labrador’s energy potential and the discussions at the conference. Among the topics ...
Jun 10, 2025•40 min•Season 1Ep. 288
North American electricity demand is growing fast, driven by the increasing presence of data centers, as well as other load growth. In Alberta alone, the AESO has reported about 12 GW of requests for load grid connections from data centers. This week, our guest is Josh Schertzer, Chief Executive Officer at Beacon AI Centers , which recently announced plans to develop up to 4.5 GW of AI data centers in Alberta, representing an investment of up to C$10 billion. Here are some of the questions that ...
Jun 03, 2025•39 min•Season 1Ep. 287
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, del...
May 27, 2025•27 min•Season 1Ep. 286
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 th...
May 20, 2025•47 min•Season 1Ep. 285
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 Pet...
May 13, 2025•37 min•Season 1Ep. 284
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 disc...
May 06, 2025•46 min•Season 1Ep. 283
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 loa...
Apr 29, 2025•46 min•Season 1Ep. 282
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 Cle...
Apr 22, 2025•39 min•Season 1Ep. 281
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...
Apr 15, 2025•43 min•Season 1Ep. 280
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 compou...
Apr 08, 2025•31 min•Season 1Ep. 279
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 develope...
Apr 01, 2025•38 min•Season 1Ep. 278
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 reflec...
Mar 25, 2025•39 min•Season 1Ep. 277
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 CERAWe...
Mar 18, 2025•42 min•Season 1Ep. 276
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 M...
Mar 11, 2025•44 min•Season 1Ep. 275
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 p...
Mar 04, 2025•40 min•Season 1Ep. 274
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 ...
Feb 25, 2025•37 min•Season 1Ep. 273
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....
Feb 18, 2025•33 min•Season 1Ep. 272
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, ...
Feb 11, 2025•33 min•Season 1Ep. 271
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 remain...
Feb 04, 2025•43 min•Season 1Ep. 270
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 hi...
Jan 28, 2025•48 min•Season 1Ep. 269
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 m...
Jan 21, 2025•40 min•Season 1Ep. 268
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 surp...
Jan 14, 2025•41 min•Season 1Ep. 267
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 Ca...
Jan 07, 2025•39 min•Season 1Ep. 266
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%...
Dec 17, 2024•43 min•Season 1Ep. 265
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 g...
Dec 10, 2024•43 min•Season 1Ep. 264
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 Ja...
Dec 03, 2024•50 min•Season 1Ep. 263
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 prod...
Nov 26, 2024•39 min•Season 1Ep. 262
