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.
Stop investing in a dying industry
Absolutely this. LNG is a fracking mess.
The fact that this is listed for fast-tracking, or even considered a candidate at all, is, frankly, disgusting.
Carney “No! This project is intrinsic to making Canadians love being Canadians! People from all over Canada will look at Ksi Lisims LNG with pride.”
Why should they call on Carney to do that? It should be an intrinsic part of the plan going forward, otherwise everything is lip service to protect money/profit.
It is.
