Andrew Furey attends COP26, with a sales pitch for N.L. fossil fuels

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As global leaders and policymakers discuss the climate change crisis at the COP26 conference in Scotland, Newfoundland and Labrador Premier Andrew Furey is there taking in the messages, and sharing one of his own.

"The world needs petroleum products right now," Furey said in an interview Tuesday from Glasgow. 

"And we have some of the best in the world, some of the cleanest in the world. And we need to make sure that the world understands the product that we have."

Furey is part of Canada's delegation to the United Nations summit meant to plot out the urgent actions required to curb carbon emissions and combat a rapidly warming world. At the conference Monday, Prime Minister Justin Trudeau pledged a hard cap was coming on Canadian oil and gas emissions.

Furey said it's important for Newfoundland and Labrador to take part in the global discussions.

"If we're not part of the conversation, then we're going to receive a prescription," Furey told CBC Radio's St. John's Morning Show.

Joining the conversation, to Furey, means speaking to what he sees as positive aspects to Newfoundland and Labrador's offshore oil industry, such as its lower carbon footprint to produce relative to other types of oil.

"I think it's appropriately positioned during this time of transition to be the product that the world needs," he said.

In a province beset by economic woes, oil has remained a financial lifeline. The sector's revenue makes up 20 per cent of Newfoundland and Labrador's GDP, said Furey. That value needs to be seized upon while the world still wants it, he said. 

"We need, as Newfoundlanders and Labradorians, to exercise that value while it's still valuable and understand that it's not going to be valuable forever."

A report released in September said 60 per cent of the world's oil and gas reserves need to to be left untouched to meet climate goals set out in 2015. 

Furey said his government is working toward a greener future, with a net-zero goal of 2050 and a committee coming to help determine ways to meet that goal. One thing working in the province's favour, he said, is an abundance of green energy in addition to oil and gas. 

COP26 hopefully shows some "best practices" toward fighting climate change that can be of use at home, he said. "Hopefully we get some good learnings from that, to be able to use [in] our jurisdiction at home to implement measures that are required in order to maintain the targets that are set," he said.