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After Climate Change Talks, Canada Must Diversify

After this announcement from President Obama, it is essential that Canada diversify its energy customers.

By Joel South – Updated Apr 10, 2017 at 12:59PM EST

President Obama recently gave a talk on climate change, in which he restated climate policy for the U.S. While not much of the policy was new, it underscored the idea that with 99% of its crude export and 100% of its natural gas export going to the United States, Canada will need to diversify its customers fast. In this video, Motley Fool energy analyst Joel South discusses what it is about the changing energy market in the U.S. that makes it so risky for Canada to remain this overexposed to the U.S. market, and why increased pipeline takeaway capacity could help.

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After Climate Change Talks, Canada Must Diversify

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