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(MNI) Ottawa

Canada and the EU will cooperate to reduce Europe's dependence on Russian energy, according to a joint statement Wednesday that represents a thaw from Prime Minister Justin Trudeau's earlier concerns about tackling climate change.

There will be cooperation "to enhance security of supply and work to eliminate the EU and its Member States’ dependence on Russian energy. A dedicated working group on green transition and LNG is being created to develop a concrete action plan," said the statement from Trudeau and European Commission President Ursula von der Leyen.

While Canada has major natural gas and crude oil stocks, climate concerns have blocked pipeline and LNG terminals in recent years and Trudeau stuck more to emissions concerns when asked about this type of cooperation after recent meetings in Germany.

MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com

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