I'm not an expert on comparing oil and gas environmental footprints. I was not, in my remarks, trying to make a zero-sum argument that we need to choose one or the other, here in this moment.
The global trends are clear, as I mentioned. For every dollar the world spent this past year on energy, two dollars were spent on clean energy. The investments are happening globally. If we think about the energy export markets that Canadian companies and workers can try to feed into, that's the trend line. This is true across our allies. That's not to say that oil and gas will disappear tomorrow. Certainly, when it comes to coal, it's not to say that China isn't, overwhelmingly, the largest user.
All that said, if we're trying to have a conversation about where Canada can make investments to position itself for the long run, electrification is coming. The exact speed of it is something we should continue to debate, but the trend line is constantly in one direction. We need to make sure Canada and Canadian exporters are positioned to play into those markets if we want to have competitive industries and be able to continue to export in a world that is rapidly accelerating into an electrified energy system.
