Low-Carbon Transition ‘Does Not Happen Overnight’: Obama
It’s “not contradictory” for Alberta to continuing producing bitumen from tar sands/oil sands while pursuing the transition to a low-carbon economy, U.S. President Barack Obama told media last week, during the Asia-Pacific Economic Cooperation (APEC) Summit in Manila.
“My view is that we have to transition,” he said during a joint news conference with Prime Minister Justin Trudeau. “That transition does not happen overnight.”
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Both the U.S. and Canada are large fossil fuel producers, “and that’s an important part of our economy,” Obama said. “We make no apologies for that,” but “if we want to preserve this planet for our kids and our grandkids, then we’re going to have to shift increasingly away from carbon-emitting energy sources.”
Trudeau said he was determined to “reassure Canadians and others that we are serious about meeting reduction targets, about being positive actors on the world stage in the fight against climate change, and demonstrating a future in renewables and smart investments around energy.”