Alberta just retired all their coal burning electricity generation by moving to natural gas. LNG almost by definition reduces coal burning anywhere it gets shipped.
Europe coal consumption is going up to avoid buying Russian gas.
The profitability of gas in Canada reduces investment in oil (and vice versa). Gas sells in North America for a couple bucks and in Japan for close to $12 (as LNG).
So, naturally, all the environmentalists want to stop shipping LNG.
Apparently it is more important to feel good than to do good.
All that said, I am quite happy to cancel anything that benefits Trump and his buddies.
Alberta just retired all their coal burning electricity generation by moving to natural gas. LNG almost by definition reduces coal burning anywhere it gets shipped.
Europe coal consumption is going up to avoid buying Russian gas.
The profitability of gas in Canada reduces investment in oil (and vice versa). Gas sells in North America for a couple bucks and in Japan for close to $12 (as LNG).
So, naturally, all the environmentalists want to stop shipping LNG.
Apparently it is more important to feel good than to do good.
All that said, I am quite happy to cancel anything that benefits Trump and his buddies.