15:55:35 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



TC Energy Corp
Symbol TRP
Shares Issued 1,029,471,588
Close 2023-06-16 C$ 53.57
Market Cap C$ 55,148,792,969
Recent Sedar Documents

Globe says TC Energy gets green claim from gas industry

2023-06-19 09:32 ET - In the News

The Globe and Mail reports in its Monday edition that a newly formed coalition backed by Canada's natural gas industry is urging the federal government to obtain emission credits for exporting the fuel in liquid form. The Globe's Brent Jang writes that Energy for a Secure Future, or ESF, is pressing for global collaboration to create a system of credits that would recognize reductions to greenhouse-gas emissions across political borders. The TC Energy-backed LNG Canada project in Kitimat, B.C., is the only export terminal under construction in the country for shipping liquefied natural gas to overseas markets. ESF, which launched in February, released a new report on Monday titled Canada's LNG Opportunity. It concludes that the time is ripe for Ottawa to work with "Europe and Asia to recognize and credit Canada for the environmental benefits of Canadian LNG displacing higher-emitting energy sources in international markets." The David Suzuki Foundation and the Pembina Institute published separate studies in May that criticized LNG. They say Canada's focus should be on renewable energy, not on fossil fuels, adding the claim that B.C. LNG projects could earn credits for global emissions reductions is "flimsy."

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