More Than Technology Required
CAPP President Tells EATS
By Marissa Lee
We all have a role to play in sustaining world energy demands,
according to David Manning, president of the Canadian Association
of Petroleum Producers (CAPP), especially in a time when the
energy industry is redefining itself."The state of industry
is in good shape," Mr. Manning said to a crowd of 170 at the
Edmonton Association of Technical Societies (EATS) annual dinner
meeting on Nov. 18. "Revenue from oil and gas production is
$31 billion; capital investments are $19 billion; the value of
merger and acquisitions is $15 billion; oil and gas tradebalance
is $13 billion; and our exports are strong and set to grow
further." Mr. Manning explained that public opinion is one
demand facing the energy industry today. There is strong
environmental awareness growing from the public's concerns over
industry practices and their effect on climate change. According
to recent CAPP surveys, it shows the majority of Canadians
support the Kyoto Accord on Greenhouse Gas Emissions that set oil
and gas targets in reducing CO2 emissions.
Yet, people view climate change as an industry problem, not a
personal one. As individuals, we are also contributing to climate
change, for example, by driving cars every day. But we expect
technology to solve it. Engineers, geologists and geophysicists,
through science and technology, have kept energy producers in the
game, but the public must respond and become part of the
solution. Research indicates people's concerns for the
environment increases in a healthy economy. "That's
why," Mr. Manning said, "the best way to keep the
public focused on the environment is to encourage people in
business so they have the money and security to drive research
and development."
Science and technology alone can not solve environmental
problems. Therefore, it becomes a challenge for the energy
industry to educate the public and government - everyone is
responsible when it comes to the environment.
The Edmonton Association of Technical Societies was formed in
1997 to foster greater co-operation and interaction between
Edmonton-area technical societies.