Four industry associations are urging the Canadian and German governments to deepen partnerships that will allow for the development of hydrogen and liquified natural gas, critical minerals and “key enabling technologies” like semiconductors. (The Logic)
Talking point: The request comes ahead of German Chancellor Olaf Scholz’s trip to Canada later this month, when he is expected to sign a green energy agreement with Prime Minister Justin Trudeau to help curb Europe’s dependency on Russian natural gas. The business groups, which include the Business Council of Canada and Canadian Chamber of Commerce, said Canada should also expand its LNG export capacity in the near term to “keep European industry running and households warm.” Trudeau and Scholz will meet with a business delegation that includes Siemens CEO Christian Bruch, according to The Globe and Mail. Siemens operates a facility in Montreal that recently repaired a turbine used in Russia’s Nord Stream 1 pipeline, which supplies the bulk of Russia’s gas to Europe.