This week on the podcast Peter and Jackie discuss the results of a recent survey they conducted with a group of investors to understand their perspectives on investing in clean energy. Do investors see an opportunity to generate strong returns in clean energy? Are they actively investing in clean energy? What do investors view as the most significant risks or uncertainties? Next, Peter and Jackie discuss why policy risk was one of the top concern areas for investors. Why does policy risk rate hi...
May 16, 2023•32 min•Season 1Ep. 201
This episode marks the 200th ARC Energy Ideas podcast! Peter and Jackie start the podcast commemorating this milestone. Next, Richard Masson, Chair of the World Petroleum Council Canada joins the podcast. Richard tells us about the 24th World Petroleum Congress that will be held in Calgary from September 17 to 21, 2023. The conference is held once every three years and has been described as the world’s leading assembly for the petroleum industry. The organizers are expecting 15,000 visitors and ...
May 09, 2023•33 min•Season 1Ep. 200
This week John Dalton, President of Power Advisory joins the podcast to provide an overview of the electricity markets in Atlantic Canada, including the provinces of New Brunswick, Newfoundland and Labrador, Nova Scotia, and Prince Edward Island. We also cover Quebec’s role in supplying electricity to the region. Here are some of the questions Peter and Jackie asked John: Is the Muskrat Falls hydro project operating yet? What is the final cost of Muskrat Falls? Considering the high cost, do you ...
May 02, 2023•29 min•Season 1Ep. 199
This week Michael (Mike) Rose, Chairman, President, and Chief Executive Officer of Tourmaline joins us as our guest. Tourmaline made some exciting announcements last week. First, they announced a partnership on a compressed natural gas (CNG) fueling station network across Western Canada to enable heavy-haul trucks to get off diesel. The company also announced that they plan to double the amount of gas they ship as LNG by 2026. Here are some of the questions that Jackie and Peter asked Mike: How ...
Apr 25, 2023•34 min•Season 1Ep. 198
Listen to Peter and Jackie speak in front of a live audience with world-renowned photographer Edward Burtynsky at the office of GBE Energy in Calgary (recorded on April 14, 2023). Edward is regarded as one of the world's most accomplished contemporary photographers, known for his large-format images of natural environments altered by industry. His collections are included in over 80 major museums around the world. Peter and Jackie talk about how Edward’s industrial pictures show the impact of hu...
Apr 18, 2023•49 min•Season 1Ep. 197
On April 2, OPEC surprised the markets by announcing a large production cut. Oil prices jumped about $5 a barrel on the news. On March 28, the 2023 Canadian Federal Budget was released which included additional details on investment tax credits (ITCs) and other incentives to support clean energy investment. This week on the podcast, Peter and Jackie discuss both the OPEC cuts and the 2023 Budget. Content referenced: Canada Budget 2023 Jackie Forrest’s Globe and Mail Article from November 2022 “ ...
Apr 11, 2023•35 min•Season 1Ep. 196
Albert Cheung, Deputy CEO, of BloombergNEF joins us as our guest this week. BloombergNEF provides its clients with research on global commodity markets and the technologies driving the transition to a lower-carbon economy. Here are some of the questions that Jackie and Peter asked Albert: How has the Inflation Reduction Act (IRA) changed your outlook for energy transition investment in the U.S.? How much did investment in energy transition increase in 2022 and what was the total level of investm...
Apr 04, 2023•34 min•Season 1Ep. 195
This week Frank Davis, Assistant VP, Green Hydrogen and Canada Country Head at Pattern Energy joins as our guest. Pattern Energy is developing a green hydrogen project at the Port of Argentia in Newfoundland and Labrador. The project will use renewable electricity to produce green hydrogen and convert it into ammonia. Here are some of the questions that Jackie and Peter asked Frank: Tell us about the different parts of the project (electricity production to hydrogen and ammonia). Why did you sel...
Mar 29, 2023•38 min•Season 1Ep. 194
Institutional investors are making pledges to reduce the emissions in their portfolio of investments. Most often the goals are tied to their scope 1 and 2 emissions (those controlled by a company they invest in). Occasionally, scope 3 emissions are also included in their goals (indirect emissions from a company’s value chain). While it is not common today, this podcast explains why scope 4 (also called avoided emissions) should be considered in green investment goals. Scope 4 emissions consider ...
Mar 21, 2023•30 min•Season 1Ep. 193
This week our guest is the Honourable Jonathan Wilkinson, Minister of Natural Resources. The Government of Canada is working on some key energy policies, such as the clean energy incentives in the 2023 federal budget and a Sustainable Jobs Plan. Peter and Jackie asked Minister Wilkinson these questions: How has the Sustainable Jobs Plan been received so far? Which provinces are joining the regional roundtables and what do you hope to learn from them? What is the progress on Canada’s Carbon Captu...
Mar 14, 2023•28 min•Season 1Ep. 192
This week our guest is Jana Mosley, President of ENMAX Power. Headquartered in Calgary with operations across Alberta and Maine, ENMAX Corporation is a leading provider of electricity services, products and solutions. Jana is responsible for ENMAX’s regulated transmission and distribution business in Calgary. She also directs ENMAX’s power infrastructure, engineering and maintenance services. Here are some of the questions Jackie and Peter asked Jana: Why did ENMAX purchase the business in Maine...
Mar 07, 2023•31 min•Season 1Ep. 191
This week our guest is Stewart Muir, founder and CEO of Resource Works ,. Resource Works is a public-interest advocacy and communications not-for-profit based in Vancouver, British Columbia. Their mission is to reignite the promise of Canada's economic future by leading respectful, inclusive and fact-based dialogue on natural resource development. Here are some of the questions that Peter and Jackie asked Stewart: How have politics in B.C. changed with the new Premier, David Eby? How is LNG view...
Feb 28, 2023•35 min•Season 1Ep. 190
This week Peter and Jackie catch up on the latest news and topics of interest including: Russia to cut oil production by 500,000 B/d in March BP scales back their target to reduce their oil production by 2030 The collapse in North American and International natural gas prices Waiting for the Canadian Federal Government’s spring budget to learn about clean energy incentives policy The concern with articles that overpromise when it comes to clean energy technologies, including commentary on the ar...
Feb 21, 2023•29 min•Season 1Ep. 189
This week on the podcast our guest is John Graham, President and CEO of Canada Pension Plan (CPP) Investments . The mandate of CPP Investments is to invest the assets of the CPP Fund with a view to achieving a maximum rate of return without undue risk of loss. Here are some of the questions Peter and Jackie asked John Graham: What is the history of why Canada created the CPP and CPP Investments? What are your thoughts on 2023 with respect to geopolitics, threat of recession, inflation and volati...
Feb 14, 2023•32 min•Season 1Ep. 188
In September 2022, Enbridge and 23 First Nations and Metis communities announced that the Indigenous groups would buy an 11.57% non-operating interest in Enbridge operated pipelines in the Athabasca region of northern Alberta for $1.12 Billion – it has been called the first of its kind and an historic announcement. This week, Justin Bourque, President of Athabasca Indigenous Investments and Colin Gruending, Enbridge’s Executive Vice President and President of Liquids Pipelines join the podcast t...
Feb 07, 2023•34 min•Season 1Ep. 187
This week on the podcast our guest is Blake Shaffer, Assistant Professor in the Department of Economics and School of Public Policy at the University of Calgary. We cover a range of topics about Alberta and Canada’s electricity markets. Including revisiting the tight power market that Alberta experienced during the December 2022 cold spell, the issues and opportunities that come from the ramp-up of Electric Vehicles (EV), and finally the prospects for achieving net-zero electricity by 2035 in Ca...
Jan 31, 2023•37 min•Season 1Ep. 186
Carbon credits are coming under increasing scrutiny. The Guardian ran an article last week that alleged that 90% of rainforest carbon credits issued by Verra, manager of the world’s leading voluntary carbon markets program, the Verified Carbon Standard (VCS) Program, did not represent genuine offsets. And, comedian John Oliver made the entertaining case that carbon offsets do not deliver the emissions benefit that they claim. This week, our guest Dirk Forrister, President and CEO of the Internat...
Jan 24, 2023•34 min•Season 1Ep. 185
This week, Yvan Cliche, Fellow at CERIUM (Center for International Studies and Research) at Université de Montreal talks about the opportunities and issues for Canadian energy, including his perspective from Quebec. Here are some of the questions that Peter and Jackie asked Yvan: Will renewables lessen the dependence on oil and gas any time soon? Is Canada doing enough to help our allies during the Russia-Ukraine war? Does a cap on oil and gas emissions make any sense during a period of war and ...
Jan 17, 2023•30 min•Season 1Ep. 184
Peter and Jackie start the year off by introducing nine topics that are likely to dominate energy and climate discussions in 2023. China – Zero-COVID policy relaxation consequences Ukraine war outlook Inflation outlook Commodity price outlook – Which way? Up, down or both? Year of the EV pickup truck Canada’s response to the US IRA and other climate policy Green-on-green competition begins First FID on major CCS projects in Alberta LNG in Canada outlook Please review our disclaimer at: https://w...
Jan 10, 2023•32 min•Season 1Ep. 183
On this week’s podcast we look back on the key themes that shaped the past year. First, we review our predictions from early January. How well did we predict the issues that would dominate the discussion in 2022? We also review some of the big stories of the year that we did not foresee twelve months ago. Content referenced in this podcast: Jackie’s commentary: Learnings from building Canada’s Railway for Today’s Megaprojects The Wall Street Journal article on how Germany accelerated the constru...
Dec 20, 2022•33 min•Season 1Ep. 182
This week Alexis von Hoensbroech, Chief Executive Officer at WestJet joins as our guest. The last few years have been very difficult for airlines. COVID restrictions caused the industry to shrink overnight, then in the summer of 2022 people started traveling again but the airports and airlines were collectively challenged by the surge in demand. On top of all that pressure and change, airlines are being asked to reduce their GHG emissions. Here are some of the questions that Peter and Jackie ask...
Dec 13, 2022•31 min•Season 1Ep. 181
This week Daniel Breton, President and CEO of Electric Mobility Canada (EMC) joins as our guest. Prior to joining EMC, Daniel was an environmental activist and politician in Quebec. Here are some of the questions that Peter and Jackie asked Daniel: What percent of new cars in Canada are EVs now? Are you concerned about cost inflation and the lack of cars? Which Canadian provinces are EV leaders and laggards? The Liberal government wants EVs to make-up 60% of new car sales by 2030 and 100% by 203...
Dec 06, 2022•31 min•Season 1Ep. 180
This week our podcast was recorded at the Bennet Jones Lake Louise World Cup Business Forum . Our podcast guest is the Honourable A. Anne McLellan , who was a speaker at the event and is currently Senior Advisor, Public Policy Group at Bennet Jones . Ms. McLellan joined Bennet Jones after a distinguished career in federal politics. Ms. McLellan served four terms as the Liberal Member of Parliament for Edmonton Centre, holding numerous Minister positions during that time and was Deputy Prime Mini...
Nov 29, 2022•34 min•Season 1Ep. 179
This week on the podcast our guest is Dr. Bassam Fattouh, Director of the Oxford Institute for Energy Studies (OIES). OIES is a world leading independent energy research institute specializing in advanced research into the economics and geopolitics of energy. Dr. Bassam Fattouh is an expert on oil markets, including OPEC, the energy transition, and the economic environment of the Middle East. Here are some of the questions that Jackie and Peter asked Dr. Fattouh: What are the challenges of energ...
Nov 22, 2022•35 min•Season 1Ep. 178
On this week’s podcast our guest is Mike Law, President and Chief Executive Officer at the Alberta Electric System Operator (AESO). Here are some of the questions that Jackie and Peter asked Mike: Are consumers exposed to the volatile power price in Alberta’s deregulated electric market? Why are electricity prices in Alberta higher now? Are the costs for transmission too high? Is net-zero electricity by 2035 achievable? What is the current status of the federal government’s Clean Electricity Sta...
Nov 15, 2022•37 min•Season 1Ep. 177
This week on the podcast, Peter and Jackie talk about the news from the Federal Government’s Fall Economic Statement 2022 . The Government announced new incentives that will come into force in 2023, including credits for green electricity, clean hydrogen, energy storage and heat pumps, and a new fund to support private investment in Carbon Capture and Storage (CCS). They also introduced plans to develop incentives for manufacturing competitiveness. These incentives increase the opportunity for c...
Nov 08, 2022•28 min•Season 1Ep. 176
Did you know that concrete is responsible for about 8% of global carbon dioxide emissions, more than double those from aviation. On this week’s podcast, Chris Stern the Chief Executive Officer and Co-Founder at CarbiCrete introduces a made-in-Canada solution for addressing part of concrete’s greenhouse gas problem. His company has developed a carbon-negative technology for producing precast concrete. The precast market makes up about 30 percent of the total market for concrete. Here are some of ...
Nov 01, 2022•26 min•Season 1Ep. 175
This week on the podcast Peter and Jackie catch up on Peter’s trip to Europe. First, they talk about the political changes, both in Europe and closer to home with new Premiers in both British Columbia and Alberta. Next, they switch to the topic of energy conservation in Europe. Did Peter see any signs that people are saving energy? Is energy affordability and conservation a focus of the conversation? Finally, they talk about the oil markets. Prices have softened since reaching over $120/B in Jun...
Oct 25, 2022•32 min•Season 1Ep. 174
The stock markets have witnessed steep declines this year, inflation is at 40-year highs, central banks are increasing interest rates and recession fears are growing. To help explain what is next for the economy, Craig Alexander, President of Alexander Economic Views and Chief Economist & Executive Advisor at Deloitte Canada joins the podcast. Here are some of the questions Peter and Jackie ask Craig: How would you describe the rate of inflation we are seeing today? Labour shortages seem to ...
Oct 18, 2022•25 min•Season 1Ep. 173
This week, Peter Altmaier, Germany’s former Minister for Economic Affairs and Energy (2018-2021) visited Calgary to speak at the PETRONAS International Energy Speaker Series hosted by the Centre for Corporate Sustainability at the Haskayne School of Business with the University of Calgary. After the Petronas Energy Speaker Series, Peter sat down with Jackie to talk about Europe’s energy crisis. Here are some of the questions Jackie asked Peter Altmaier: Why did Germany become so reliant on Russi...
Oct 14, 2022•31 min•Season 1Ep. 172
