CALGARY,
AB, Oct. 6, 2023 /PRNewswire/ - Today,
Greg Ebel, President & Chief
Executive Officer of Enbridge Inc. (Enbridge or the Company) (TSX:
ENB) (NYSE: ENB) called on Canada
to show leadership to the world in lowering global emissions,
reducing energy poverty and supporting the progress of Indigenous
communities in the country.
In a keynote address to the Toronto Region Board of Trade, Ebel
made a case for Canada to play an
outsized and important role on the world stage, as it has at
pivotal moments throughout history. From heroic efforts in world
wars to standing up to apartheid, Ebel said Canada rose to the challenge.
Today, climate change is another such pivotal moment and
Canada has an opportunity to show
leadership – that opportunity is natural gas, stated Ebel.
"The world recognizes the value of Canada's vast natural resources and the impact
those resources can have for energy security, reliability – and
importantly – reducing global emissions," said Ebel. "Our goal as
individuals, as a nation, and as a global community must be to
reduce emissions across our planet as a whole. And LNG (liquified
natural gas) helps get us there."
Ebel called on government to champion the sustainable production
of natural gas and to reduce barriers to the responsible
development of LNG. He urged governments to create the conditions
for investment in LNG exports to help global nations switch from
coal power generation to lower-carbon natural gas.
"As a country, we have punched above our weight in the past.
We've done it on an economic level – with the creation of the G20
and our leadership in the face of financial crises. We've done it
on a global level – from our heroic efforts in world wars to Prime
Ministers Pearson and Mulroney defining a role for international
peacekeeping and fighting the scourge of apartheid. We've never
been afraid to look beyond our borders to make a positive
difference," said Ebel.
"We can still be a global leader, a role model for responsible
energy production, and a positive force in creating a better future
across Canada and throughout the
world. We can, yet again as a country, answer the call and make a
historical contribution to the world's progress. It's time for our
leaders in government and industry to rise to the challenge," said
Ebel.
Ebel also emphasized the need for a national Indigenous
loan-guarantee program to ensure that Indigenous communities have a
seat at the table and a chance to benefit from Canada's natural resources.
"Many Indigenous groups have natural resources that they want to
develop. They want to build a better future for themselves – and
for the generations to come. The energy industry has an opportunity
– in fact, I would argue it has an obligation – to help them become
full economic partners," he said.
See the full speech here
About Enbridge
Inc.
At Enbridge, we safely connect millions of people to the
energy they rely on every day, fueling quality of life through our
North American natural gas, oil or renewable power networks and our
growing European offshore wind portfolio. We're investing in modern
energy delivery infrastructure to sustain access to secure,
affordable energy and building on two decades of experience in
renewable energy to advance new technologies including wind and
solar power, hydrogen, renewable natural gas and carbon capture and
storage. We're committed to reducing the carbon
footprint of the energy we deliver, and to achieving net zero
greenhouse gas emissions by 2050. Headquartered
in Calgary, Alberta, Enbridge's common
shares trade under the symbol ENB on the Toronto (TSX) and New
York (NYSE) stock exchanges. To learn more, visit us at
enbridge.com.
FOR FURTHER INFORMATION PLEASE
CONTACT:
Media
Toll Free: (888) 992-0997
Email: media@enbridge.com
Investment Community
Toll Free: (800) 481-2804
Email: investor.relations@enbridge.com
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SOURCE Enbridge Inc.