» Emerald Sponsor and Founding Platinum Sponsor

TransCanada is in the business of transporting natural gas and generating electricity to meet the growing energy needs of businesses and consumers throughout North America. While expanding our business, TransCanada continuously identifies and takes early action to manage issues that could affect our ability to provide consumers with safe, reliable and cost-effective energy supplies. Among these issues are business risks associated with greenhouse gas emissions and air pollutants such as nitrogen oxides.

North America relies heavily on fossil fuels to supply the energy requirements of its ever-increasing population and growing industries. Higher investment in renewable and alternate energy technologies, such as TransCanada�s Cartier Wind power project in Québec, will allow these energy sources to increase their market share. However, for the foreseeable future, North America will continue to need a safe and secure supply of fossil fuels. The policy, strategy and actions detailed in this report demonstrate that TransCanada is well-positioned to meet North America's energy needs in an environmentally responsible and economically effective manner.

TransCanada owns and operates more than 41,000 kilometres of pipeline, making it one of the largest natural gas transmission systems in North America. The natural gas pipeline system is a vital transportation network that links remote natural gas producing areas of the Western Canada Sedimentary Basin with markets throughout Canada and the United States. Our pipeline network gathers natural gas from more than 1,200 locations, largely in Alberta, and transports it over long distances to some 300 delivery points across Canada. At these points, TransCanada connects with other pipeline carriers and distribution pipeline companies that deliver natural gas to consumers, businesses and industries throughout North America.

TransCanada entered the North American power market in the early 1990s, recognizing the link between our natural gas transmission business and rising demand for electricity generation. Today, TransCanada owns and operates facilities that generate more than 2,000 megawatts of power. This includes TransCanada's wholly owned operating facilities as well as those under construction or in development. Natural gas and waste heat are used extensively to generate electricity at our wholly owned power facilities. We also have interests in non-operated facilities and projects currently in development that will generate approximately 4,500 megawatts of additional electricity using wind, nuclear, hydro and coal.