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Trump’s Energy Agenda: A Boost for Oil and Gas with Major Implications for Canada

Writer's picture: Lisa KearneyLisa Kearney
Nov 6, 20243 min read

With Cuts to Wind Energy Subsidies on the Horizon, Canada’s Oil-Rich Provinces Like Alberta and Newfoundland Stand to Gain

The 47th US President, Donald Trump will be focused on oil, natural gas and LNG production and likely phase out federal funding for renewables like wind and solar. In the habit of condemning wind energy on the basis that it requires billions of taxpayer dollars and broad tax breaks to run, Trump has also highlighted the negative impacts on the environment, wildlife and marine animals, reiterating the public outcry at recent events off the US east coast in which unusual numbers of whales have washed up ashore, which are blamed on offshore wind turbines.


Joining with Trump in the fight against wind is Robert F. Kennedy Junior, emerged as the leading foe of offshore wind in conservative circles and well-connected opposition groups, blaming new turbines, baselessly, for a spate of whale deaths and accusing former friends in the Democratic party of abandoning environmental ideals to the right.


The Trump administration is certain to drive up fossil fuel production with looser regulations, drilling and LNG exports. The intent of the plan is not just to preserve the United States’ energy independence, but also to position America to compete in the global energy market. This will change the way energy is done in Canada as the United States is an even larger competitor.


Canada’s Renewable Energy Crisis: Fraud and the Need for Strong Leadership

Renewable energy investments are scratching the surface of what’s needed to create a truly sustainable and transparent energy sector in Canada. Also under investigation by the RCMP are financial fraud and corruption allegations surrounding Canada’s "green energy slush fund" that have raised concerns about public funds transparency and accountability. If U.S. leadership on renewables gets rattled, it would be time for Canada to take matters into its own hands it wants to keep investors happy and our economy strong.


Boosting Fossil Fuel Infrastructure and Cross-Border Economic Benefits

Trump's focus on conventional energy also opens up opportunities for infrastructure projects like the Trans Mountain Expansion Pipeline, which could bring significant economic benefits to both Canada and the United States. For Alberta and British Columbia, the project would benefit 'Canadians by creating thousands of good, middle-class jobs increasing access to global market and generating more revenues to various levels of government.' Similarly, Newfoundland and Labrador’s oil and gas industry could benefit from improved infrastructure and new export routes, increasing access to U.S. markets and driving local job growth and provincial income from offshore resources.


For the US, the Trans Expansion Pipeline would flow Canadian oil infrequently to fuel US domestic energy needs, cut energy prices, and eliminate reliance on imports from foreign unstable states. The massive offshore oil and gas industry of Newfoundland could be a major link in this chain for Canadian exports and US energy security.


So in short, if Trump would shift to fossil fuel infrastructure and less reliance on tax-backed renewable subsidies, there would be more oil and gas, greater energy independence, and more cross-border energy cooperation. Canadian energy policy might include stabilizing exports to the U.S., open investments, and pipeline forwarding such as the Trans Expansion Pipeline that would benefit Alberta, British Columbia, Newfoundland and the U.S. economically in the trillions.


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Concerns About Wind Energy (CAWE). We are a community-driven volunteer group committed to advocating for, educating about, and raising awareness of the negative impacts of proposed wind energy projects on our province's environment, culture, and history. Our concerns include the effects on wetlands, bogs, forests, protected habitats, ecosystems, residents' health, the fishery, wildlife, endangered species, national security, water supply, tourism-based economies, cultural heritage, archaeological and historic sites, and property values.

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