Energy Security and Cooperation
by General James L. Jones, USMC (Ret.)
Today, I had the honor of addressing the "U.S.-Canada Partnership: Strengthening our Economies" event at the Chamber.
Our energy security depends on a strong partnership with Canada, and we could not ask for a more steadfast ally. Yet, I believe there are other avenues where increased collaboration could strengthen the energy portfolio of both nations.
First, we must streamline the permitting process to build essential cross-border energy infrastructure. It is imperative that the construction of pipelines and electric transmission lines is not held up by bureaucratic wrangling.
Second, we must work to harmonize energy efficiency standards for household and industrial appliances. By creating one standard and eliminating the need for multiple product lines, businesses and consumers alike will enjoy less expensive and better goods.
Third, we must continue to invest jointly in the technologies that will allow us to use oil sands and oil shale in an environmentally responsible way. It is estimated that by 2030, production from Canadian oil sands will reach 3.6 million barrels a day. This represents a promising new source of energy at a time when many existing oil fields are in decline. An important step for the United States to take is the repeal of Section 526 of the Energy Independence and Security Act, which prevents the federal government from utilizing non-traditional fuel sources, such as oil shale, for its vehicles and aircrafts.
Fourth, we must work together to increase investments in carbon capture and sequestration technologies to ensure its viability for harnessing the coal and oil sands that our countries have in abundance. Technologies such as carbon capture and sequestration offer the potential to meet energy demands while promoting environmental stewardship.
Next Monday, November 17th General Jones will present "A Transition Plan for Securing America's Energy Future", you can watch it online.