{"id":33572,"date":"2026-06-18T22:01:23","date_gmt":"2026-06-18T22:01:23","guid":{"rendered":"https:\/\/allanhardingmackay.ca\/courtpainter\/?p=33572"},"modified":"2026-06-18T22:13:51","modified_gmt":"2026-06-18T22:13:51","slug":"energy-cold-war","status":"publish","type":"post","link":"https:\/\/allanhardingmackay.ca\/courtpainter\/?p=33572","title":{"rendered":"Energy cold war&#8230;"},"content":{"rendered":"\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\"><\/figure>\n\n\n\n<p class=\"has-text-color has-background has-link-color has-medium-font-size wp-elements-a50c0ef8e43a0cf5d23bb43417870089 wp-block-paragraph\" style=\"color:#eee75d;background-color:#0667a8\">Electrification is a crucial driver in the global energy transition, aiming to lower greenhouse gas emissions and improve energy efficiency by powering transportation, heating, and industrial processes with clean electricity<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"761\" height=\"1024\" src=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-18-at-6.39.22-PM-761x1024.png\" alt=\"\" class=\"wp-image-33593\" srcset=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-18-at-6.39.22-PM-761x1024.png 761w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-18-at-6.39.22-PM-223x300.png 223w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-18-at-6.39.22-PM-768x1034.png 768w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-18-at-6.39.22-PM.png 1000w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 61vw, (max-width: 1362px) 45vw, 600px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.nationalobserver.com\/2026\/06\/16\/opinion\/international-energy-geopolitics-iran-war\">https:\/\/www.nationalobserver.com\/2026\/06\/16\/opinion\/international-energy-geopolitics-iran-war<\/a><\/p>\n\n\n\n<p class=\"has-text-color has-link-color wp-elements-bca62161fb7ab6ef43c659ad95729964 wp-block-paragraph\" style=\"color:#c8150c\"><strong><em>Excerpted from June 18th 2026 National Observer Max Fawcett article<\/em><\/strong><\/p>\n\n\n\n<p class=\"has-text-color has-link-color has-medium-font-size wp-elements-1d4983fcb1887ab3bf89f87cd0c3c7a9 wp-block-paragraph\" style=\"color:#0569ac\">In the last Cold War, it was easy for Canada to decide which side it backed. This time, it will be far more difficult. Yes, our economy still relies heavily on oil and gas development and it drives a lot of our capital formation and attraction. But China and its allies in Asia are actively <strong>re-wiring the global economy <\/strong><\/p>\n\n\n\n<p class=\"has-text-color has-link-color has-medium-font-size wp-elements-a12fbb95ade4d638767c5f9fc57bba16 wp-block-paragraph\" style=\"color:#036bb0\"><strong> Will the future be forward-looking, green and bravely planetary \u2014 or will it be backward-looking, carbon-intensive and stridently sovereigntist?<\/strong><\/p>\n\n\n\n<p class=\"has-text-color has-link-color has-medium-font-size wp-elements-b9b829fc30f09615cbb13c760ebd722a wp-block-paragraph\" style=\"color:#02609e\">&nbsp;Countries that import oil and gas \u2014 which is to say, almost all of them, especially in the parts of the world where demand is supposed to grow \u2014 are re-assessing their reliance on an increasingly unreliable product. <strong>And while Canada may look like a comparative source of calm and reliability compared to Iran or even the United States right now, we\u2019re still in the same fundamental business of trying to sell more fossil fuels \u2014 one that faces the same existential threat.&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"has-text-color has-link-color has-medium-font-size wp-elements-2c68f512d5df29271614487a966ef579 wp-block-paragraph\" style=\"color:#04558b\">China, after all, isn\u2019t building solar panels, batteries, electric vehicles and other demand-destroying technologies because it cares about the environment.<strong> It\u2019s capitalizing on a growing source of economic and especially geopolitical power.<\/strong><\/p>\n\n\n\n<p class=\"has-yellow-color has-text-color has-background has-link-color has-large-font-size wp-elements-a407e8d76729f15f354304a3190939eb wp-block-paragraph\" style=\"background-color:#055b94\">THE MATH IS THE MATH<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"740\" height=\"191\" src=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-18-at-6.10.19-PM-1.png\" alt=\"\" class=\"wp-image-33594\" srcset=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-18-at-6.10.19-PM-1.png 740w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-18-at-6.10.19-PM-1-300x77.png 300w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 61vw, (max-width: 1362px) 45vw, 600px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"714\" src=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2026\/06\/Court-Painter-G7-2.jpg\" alt=\"\" class=\"wp-image-33601\" srcset=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2026\/06\/Court-Painter-G7-2.jpg 1000w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2026\/06\/Court-Painter-G7-2-300x214.jpg 300w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2026\/06\/Court-Painter-G7-2-768x548.jpg 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-large-font-size\">Meanwhile at the G7 :<strong>Political Fossil Fuel Theatre perhaps?<\/strong><\/li>\n\n\n\n<li>Canada is poised to become a key and reliable supplier of energy to the G7 after leaders meeting in France embraced this country&#8217;s potential to deliver &#8220;significant additional capacity&#8221; to global markets to reduce dependence on oil and gas coming through the Strait of Hormuz.<\/li>\n\n\n\n<li>&#8220;We commit to accelerate the diversification of energy supply routes in order to reduce global vulnerability to the Strait of Hormuz and to increase our energy stocks,&#8221; said&nbsp;<a href=\"https:\/\/www.elysee.fr\/en\/G7evian\/2026\/06\/17\/g7-leaders-statement-on-geopolitical-issues\" target=\"_blank\" rel=\"noreferrer noopener\"><u>a joint statement by G7 leaders<\/u><\/a>&nbsp;in \u00c9vian-les-Bains, France, on Wednesday.<\/li>\n\n\n\n<li>&#8220;We welcome the potential for Canada to deliver significant additional capacity to global markets in the coming years.&#8221;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Source CBC N<\/em><\/strong>ews<\/p>\n\n\n\n<p class=\"has-yellow-color has-text-color has-background has-link-color wp-elements-43f780df6171185caaac97b8c403ec52 wp-block-paragraph\" style=\"background-color:#075589\">Markham Hislop sits down with National Observer columnist Max Fawcett to examine Mark Carney&#8217;s emerging energy and climate strategy, the global shift from molecules to electrons, and why Canada&#8217;s assumptions about future oil and LNG demand may be increasingly out of step with reality.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Why Canada&amp;apos;s Energy Superpower Dream Is Fading - With Max Fawcett\" width=\"840\" height=\"473\" src=\"https:\/\/www.youtube.com\/embed\/czycTkAYPZ0?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Electrification is a crucial driver in the global energy transition, aiming to lower greenhouse gas emissions and improve energy efficiency by powering transportation, heating, and industrial processes with clean electricity &#8211; https:\/\/www.nationalobserver.com\/2026\/06\/16\/opinion\/international-energy-geopolitics-iran-war Excerpted from June 18th 2026 National Observer Max Fawcett article In the last Cold War, it was easy for Canada to decide which &hellip; <a href=\"https:\/\/allanhardingmackay.ca\/courtpainter\/?p=33572\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Energy cold war&#8230;&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-33572","post","type-post","status-publish","format-gallery","hentry","category-images","post_format-post-format-gallery"],"_links":{"self":[{"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/posts\/33572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33572"}],"version-history":[{"count":23,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/posts\/33572\/revisions"}],"predecessor-version":[{"id":33603,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/posts\/33572\/revisions\/33603"}],"wp:attachment":[{"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}