This week we had the great opportunity to visit with Greg McLean, Member of Parliament representing Calgary Centre in the Canadian House of Commons. In 2020, Greg introduced a bill to create a non-refundable performance-based tax credit for carbon capture, utilization, and storage (CCUS) projects. We took great interest in hearing Greg's story and were very pleased to visit with him.

We started with background on Greg's motivation to switch from a career as a portfolio manager to becoming a Member of Parliament and quickly found ourselves entrenched in a discussion around carbon capture, pipelines, Greg's bill, considerations around Canadian oil exports, the future of energy, and the role of Parliament.
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We kicked off with an update from the TPH crew: Mike Bradley provided an analysis of commodity and natural gas prices and summarized key points from the G7 summit meeting which concluded this week. He also previewed the upcoming FOMC meeting. Colin Fenton prepared four charts on comparative pricing ending on a positive note for the energy space.

The team and I had a great time visiting with Greg and want to thank him for his time and for being a 'climate warrior.'

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