Connect with us
[the_ad id="89560"]

Energy

Why carbon emissions will fall under Trump

Published

5 minute read

MXM logo MxM News

Quick Hit:

In a recent op-ed for RealClearEnergy, Benjamin Dierker argues that carbon emissions will decrease under the administration of President Donald Trump, despite criticism from environmentalists. Dierker points to historical trends and the potential for innovation as key factors. He contends that reducing government regulation and embracing performance-based incentives will lead to more efficient and cleaner energy solutions.

Key Details:

  • In his first week back in office, President Trump exited the Paris Climate Accord, removed restrictions on LNG exports, and boosted the hydrocarbon industry, prompting environmentalists to warn of climate setbacks.

  • Dierker predicts that by 2030, these moves will result in lower carbon dioxide and greenhouse gas emissions due to increased innovation.

  • He argues that historical data shows U.S. carbon emissions have been declining since peaking in 2005-2007, largely due to the shift from coal to natural gas.

Diving Deeper:

Benjamin Dierker, writing for RealClearEnergy, challenges conventional environmental narratives by predicting a decline in carbon emissions under President Donald Trump’s administration. In his op-ed, “Why Carbon Emissions Will Fall Under Trump,” Dierker cites historical trends and advances in innovation as reasons why emissions will decrease despite the administration’s pro-hydrocarbon policies.

Dierker highlights Trump’s early actions, including exiting the Paris Climate Accord, lifting LNG export restrictions, and promoting hydrocarbon development in Alaska and across the U.S. These moves have drawn sharp criticism from environmentalists who argue that rolling back regulations will result in higher emissions and environmental degradation. However, Dierker argues the opposite, stating, “I believe that by 2030, the impact of this administration will be less carbon dioxide and greenhouse gases. The simple reason: innovation.”

Pointing to historical context, Dierker notes that while U.S. carbon dioxide emissions grew for a century, they peaked between 2005 and 2007 and have since been declining. He attributes this decrease not to international climate agreements but to technological advancements, particularly hydraulic fracturing and the increased use of natural gas. According to Dierker, “The story of the 21st Century to date has been more efficient energy resources displacing less efficient ones.”

Dierker challenges the notion that economic growth inherently leads to more emissions, noting that between 2000 and 2020, the U.S. population grew by nearly 20%, while annual CO2 emissions fell by 20%. He attributes this to enhanced efficiency and technological progress, emphasizing that “serving this larger population with new power, water, internet, and roadways was more efficient over time, not necessitating greater emissions.”

Dierker also argues that Trump’s focus on deregulation will not lead to increased pollution, as critics suggest. He explains that many businesses have already made capital-intensive investments in clean and efficient technologies that they are unlikely to abandon simply because regulations are removed. He contends, “The technology and assets already in place are clean, efficient, and powerful; they won’t be abandoned because the regulations go away.”

Further, Dierker criticizes prescriptive regulations, which mandate specific technologies or methods, for stifling innovation. He points to the 45Q tax credit, which incentivizes carbon capture technology but fails to encourage more efficient methods, such as processes that decarbonize natural gas by separating hydrogen and solid carbon. He asserts, “One that yields two valuable co-products: clean hydrogen for power and industrial use and solid carbon to serve as a construction material to build and improve American infrastructure.”

Dierker concludes with optimism, suggesting that Trump’s regulatory approach, coupled with innovation, will lead to “greater safety, efficiency, and resilience of our nation’s infrastructure, supply chains, and industry.” He predicts that the U.S. will continue to reduce emissions while enhancing its economic and industrial capacities, ultimately leading to “a cleaner and healthier America.”

Economy

Clearing the Path: Why Canada Needs Energy Corridors to Compete

Published on

From Energy Now

Originally published by Canada Powered by Women

  • Keystone XL ($8 billion), cancelled in 2021

  • Energy East ($15.7 billion), cancelled in 2017

  • Northern Gateway ($7.9 billion), cancelled in 2016

These projects were cancelled due to regulatory challenges, environmental opposition, and shifting political decisions on both sides of the border. This left Canada without key infrastructure to support energy exports.

For years, companies have tried to build the infrastructure needed to move Canadian oil and gas across the country and to sell to global markets. Billions of dollars have been invested in projects that never materialized, stuck in regulatory limbo, weighed down by delays, or cancelled altogether.

The urgency of this issue is growing.

Last week, 14 CEOs from Canada’s largest pipeline and energy companies issued an open letter urging federal leaders from all parties to streamline regulations and establish energy corridors, warning that delays and policy uncertainty are driving away investment and weakening Canada’s position in global energy markets.

The U.S. recently imposed tariffs on Canadian energy, adding new pressure to an already lopsided trade relationship. According to the 2024-2025 Energy Fact Book from Natural Resources Canada, the U.S. accounted for 89% of Canada’s energy exports by value, totalling $177.3 billion. This leaves the economy vulnerable to shifts in American policy. Expanding access to other buyers, such as Japan, Germany, and Greece, would help stabilize and grow the economy, support jobs, and reduce reliance on a single trading partner.

At the heart of this challenge is infrastructure.

Without reliable, efficient ways to move energy, Canada’s ability to compete is limited. Our existing pipelines run north-south, primarily serving the U.S., but we lack the east-west capacity needed to supply our own country and to diversify exports. Energy corridors (pre-approved routes for major projects) would ensure critical infrastructure is built fast, helping Canada generate revenue from its own resources while lowering costs and attracting investment.

This matters for affordability and reliability.

Our research shows engaged women are paying close attention to how energy policies affect their daily lives — 85 per cent say energy costs impact their standard of living, and 77 per cent support the development and export of liquefied natural gas (LNG) to help provide energy security and to generate revenue for Canada.

With increasing concern over household expenses, food prices, and economic uncertainty, energy corridors have become part of the conversation about ensuring long-term prosperity.

What are energy corridors, and why do they matter?

Energy corridors are designated routes for energy infrastructure such as pipelines, power lines, and transmission projects. With an energy corridor, environmental assessments and stakeholder consultations are completed in advance, allowing development to proceed without ongoing regulatory hurdles which can become costly and time consuming. This provides certainty for energy projects, reducing delays, lowering costs, and encouraging investment. They are also not a new concept and are applied in other parts of the world including the U.S.

In Canada, however, this isn’t happening.

Instead, each project must go through an extensive regulatory process, even if similar projects have already been approved. Energy companies spend years trying to secure approvals that don’t come to fruition in a reasonable time and as a result projects are cancelled due to sky-rocketing costs.

“Getting regulatory approval for energy transportation projects in Canada takes so long that investors are increasingly looking elsewhere,” said Krystle Wittevrongel, director of research at the Montreal Economic Institute. “Energy corridors could help streamline the process and bring back much-needed investment to our energy industry.”

Jackie Forrest, executive director at the ARC Energy Research Institute, pointed out that the time it takes to get projects approved is a major factor in driving investment away from Canada to other countries.

“Projects are taking five or more years to go through their regulatory review process, spending hundreds of millions if not a billion dollars to do things like environmental assessments and studies that sometimes need to be carried out over numerous seasons,” she said.

The cost of missed projects

Over the past decade, multiple major energy projects in Canada have been cancelled or abandoned. Among them:

  • Keystone XL ($8 billion), cancelled in 2021
  • Energy East ($15.7 billion), cancelled in 2017
  • Northern Gateway ($7.9 billion), cancelled in 2016

These projects were cancelled due to regulatory challenges, environmental opposition, and shifting political decisions on both sides of the border. This left Canada without key infrastructure to support energy exports.

LNG projects have faced similar setbacks. More than a dozen LNG export proposals were once on the table, but these same issues made most of these projects not viable.

Meanwhile, the United States rapidly expanded its LNG sector, now exporting far more than Canada, capturing global markets that Canada could have served.

“Ten to 15 years ago, there were about as many LNG projects proposed in Canada as in the U.S.,” said Forrest. “We have not been able to get those projects going. The first Canadian project is just starting up now, while the Americans are already shipping out far more.”

She cited a report that shows LNG development in the U.S. has added $408 billion to GDP since 2016 and created 270,000 direct jobs.

“That’s a major economic impact,” she said. “And Canada hasn’t been able to take part in it.”

The case for energy corridors: Creating prosperity, keeping costs in check

Energy corridors could help Canada build long-term prosperity while addressing affordability, job creation, and energy reliability.

“More efficient infrastructure reduces supply chain delays, helping to lower consumer energy costs and related expenses like food and transportation,” said Wittevrongel.

Wittevrongel notes that projects that cross provincial borders face both provincial and federal impact assessments which leads to duplication of effort and delays. Reducing this overlap would shorten approval timelines and provide more certainty for investors.

“One of the ways to improve this process is having the federal government recognize provincial environmental assessments as being good enough,” she said. “There has to be a way to balance that.”

Forrest said investors have already taken note of Canada’s high project costs and long approval timelines.

“TC Energy just built a pipeline to connect the BC gas fields with the West Coast that cost about twice as much as originally expected and took a lot longer,” she said. “Meanwhile, they recently completed a $4.5-billion natural gas project in Mexico under budget and ahead of schedule. Now they’re looking at where to put their next investment.”

Forrest explained that energy corridors could help de-risk infrastructure projects by front-loading environmental and stakeholder work.

“If we just had a pre-approved corridor for things like pipelines and transmission lines to go through, where a lot of this groundwork had already been done, it would really reduce the timeline to get to construction and reduce the risk,” she said. “That would hopefully get a lot more capital spent more quickly in this country.”

The path forward

Without changes, investment will continue to flow elsewhere.

“Energy corridors can go a long way to restoring Canada’s attractiveness for energy transportation and infrastructure projects as it cuts down on the lengthy bureaucratic requirements,” said Wittevrongel.

And Forrest agrees.

“We need to pick key projects that are going to be important to the sovereignty and economic future of Canada and get them done,” Forrest said. “I don’t think we can wait for long-term legislative reform — we need to look at what the Americans are doing and do something similar here.”

Energy corridors are about ensuring Canada remains competitive, lowering costs for consumers, and creating the infrastructure needed to support long-term economic prosperity.

For engaged women, this translates into a stronger economy, lower costs, and more reliable energy for their families.

“The two areas that this will be felt for every family are in lower energy costs and also in lower grocery or food prices as transportation of these things becomes easier on rail, or exporting grain reduces the price, for instance, ” said Wittevrongel.

Whether policymakers take action remains to be seen, but with growing trade pressures and investment uncertainty, the conversation around energy corridors is needed now more than ever.

Continue Reading

Energy

Poll: Majority says energy independence more important than fighting climate change

Published on

From The Center Square

By 

A majority of Americans say it is more important for the U.S. to establish energy independence than to fight climate change, according to new polling.

The poll from Napolitan News Service of 1,000 registered voters shows that 57% of voters say making America energy independent is more important than fighting climate change, while 39% feel the opposite and 4% are unsure.

Those surveyed also were asked:  Which is more important, reducing greenhouse gas emissions to combat climate change, or keeping the price of cars low enough for families to afford them?

Half of voters (50%) said keeping the price of cars low was more important to them than reducing emissions, while 43% said emissions reductions were more important than the price of buying a car.

When asked, “Which is more important, reducing greenhouse gas emissions or reducing the cost and improving the reliability of electricity and gas for American families?”, 59% said reducing the cost and increasing the reliability was more important compared to 35% who said reducing emissions was more important.

The survey was conducted online by pollster Scott Rasmussen on March 18-19. Field work was conducted by RMG Research. The poll has a margin of error of +/- 3.1 percentage points

​Dan McCaleb is the executive editor of The Center Square. He welcomes your comments. Contact Dan at [email protected].

Continue Reading

Trending

X