Pat Maguire speaks with Carbon Economist about Canada’s legal and regulatory landscape in the energy transition—and Bennett Jones' sponsorship of the 24th World Petroleum Congress (WPC), taking place in Calgary from 17–21 September 2023.
Pat says that renewable energy is surging, wind and solar are growing rapidly and attracting investment and Canada is ready for large-scale, low-carbon-intensity hydrogen production.
Canada is also at the front of the pack when it comes to CCUS, renewable natural gas (RNG) projects operating in the country are expected to more than double between 2021 and 2025 and many energy transition projects create new and novel business opportunities to partner with Canada's Indigenous peoples in a way that advances reconciliation.
As far as what it means to host the WPC in Canada for the first time? Pat says, "It will be an absolute pleasure to host the energy world and show off our incredible city and our abundant resources, both natural and human. Canada's energy sector has always been on the cutting edge of the global energy industry and hosting the WPC will be a welcome opportunity to show the world how Canadian knowhow, entrepreneurship and technological capabilities can play an important role in the global energy transition. We also know how to throw a really good party."
Bennett Jones