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Media statement - October 14, 2022

TC Energy joins partnership to address global emissions as founding member

TC Energy joins partnership to address global emissions as founding member

On Tuesday, Oct. 11, TC Energy joined a coalition of responsible energy companies, leading climate advocates and labor groups to launch the Partnership to Address Global Emissions (PAGE). The coalition will advocate for policies that enable the development of the infrastructure needed to increase production and export of U.S. liquefied natural gas (LNG) to replace foreign coal and lower greenhouse gas (GHG) emissions.

The big picture: As a founding member, TC Energy joined PAGE as part of our ongoing efforts to advance North American energy security and reduce global emissions.

Over the past 15 years, the U.S. has led the world in GHG emissions reductions, driven in large part by switching electricity production from coal to natural gas, which generates considerably fewer CO2 emissions. PAGE will help develop and promote policies that support four core objectives:

  • Replace foreign coal with a reliable, affordable supply of cleaner U.S. natural gas
  • Help countries meet their emissions reduction targets under the Paris Agreement
  • Address the energy security needs of U.S. allies in the wake of the Russian invasion of Ukraine by providing new, cleaner energy sources
  • Increase energy supplies to reduce inflationary costs that drive up energy prices

Why it matters: PAGE aligns with TC Energy’s vision of balancing both energy transition and energy security — possibly one of the greatest challenges of our time. Geopolitical events around the world have underscored the importance of energy security in addition to reducing emissions, especially with the resurgence of coal-fired power generation in Europe.

What we’re saying: “This is a pivotal moment for the world,” said François Poirier, TC Energy President and CEO. “The challenge we face globally is to achieve a transition to lower-emitting energy while meeting the world's ongoing demand. LNG is a big part of the solution.”