C.O.B. Tuesday Ep. 68 "Radical Pro-Environment Thinking" Featuring Greg McLean

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.​​​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.'----------Copyright 2021, Tudor, Pickering, Holt & Co. The information contained in this update is based on sources considered to be reliable but is not represented to be complete and its accuracy is not guaranteed. This update is designed to provide market commentary only. This update does not constitute an offer to sell or a solicitation of an offer to buy any securities. Nothing contained in this update is intended to be a recommendation of a specific security or company nor is any of the information contained herein intended to constitute an analysis of any company or security reasonably sufficient to form the basis for any investment decision. Past performance is not indicative of future results. Tudor, Pickering, Holt & Co., and its officers, directors, shareholders, employees and affiliates and members of their families may have positions in any securities mentioned and may buy or sell such securities before, after or concurrently with the publication of this update. In some instances, such investments may be inconsistent with the views expressed herein. Tudor, Pickering, Holt & Co. may, from time to time, perform or solicit investment banking or other services for or from a company, person or entities mentioned in this update. Additional important disclosures, including disclosures regarding companies covered by TPH’s research department, may be found at www.tphco.com/Disclosure. Tudor, Pickering, Holt & Co. (TPH) is the global brand name for Tudor, Pickering, Holt & Co. Securities, LLC, Tudor, Pickering, Holt & Co. Securities – Canada, ULC, Perella Weinberg Partners LP, and their affiliates worldwide. Institutional Communication Only. Under FINRA Rule 2210, this communication is deemed institutional sales material and it is not meant for distribution to retail investors. Recipients should not forward this communication to a retail investor.