New Energies - Compelling Opportunity Set

Lowering Emissions Global Emissions Outlook1 (Announced Pledges Scenario- Mt CO2 emissions reductions) -1,000 -3,000 -5,000 -7,000 -9,000 -11,000 -13,000 2020 2030 2035 2040 2045 2050 • Behaviour & Efficiency Conventional Energy Emissions Reduce Energy efficiency & conservation efforts . • Low-Carbon Energies . Electrification OCCUS Modernize All forms of emissions reduction required Leverage existing infrastructure to contain costs ⚫ State-of-the-art facilities Solar self-power Remove coal ENBRIDGE® Displace Repurpose • Enable low-carbon energy (H2, RNG, CCUS) Meeting energy demand, while lowering emissions requires innovation across energy value chain (1) International Energy Agency (2021), World Energy Outlook 2021, IEA, Paris, Mt = megatonnes 16

View entire presentation