The company responsible for an abandoned LNG project in Nova Scotia has put a new plan on the table — a floating barge off the coast of Guysborough County.
Bumper shareholder payouts, soaring profits, booming asset valuations: the oil and gas industry has bounced back from the depths of the pandemic with a vengeance.
Hundreds of academics have signed an open letter calling for government intervention in the wake of RCMP enforcement of an injunction granted to Coastal GasLink to build a pipeline through unceded Wet’suwet’en territory.
Quebec’s environment minister recently cited environmental concerns as the reason to axe a proposed multibillion-dollar LNG project, but a glut of natural gas around the world is pushing some to ask if the industry is a dead end for Canada.
Reaction to the B.C. budget from clean energy think tanks and environmental groups in the province has ranged from, at best, tepid to, at worst, scathing.
The British Columbia Supreme Court has rejected a Wet'suwet'en bid to quash the extension of the environmental assessment certificate for Coastal GasLink's natural gas pipeline, which was at the centre of countrywide protests last year.
The Green Party had the least diverse slate of candidates of the six major parties in the 2019 federal election campaign. Annamie Paul wants to change that.
LNG development will not only prevent Canada from meeting its emissions reduction targets, it may also be an economic non-starter due to decreased demand for fossil fuels and the increasing affordability of clean energy alternatives, says Beth Lorimer.
“Canadian pension funds can’t credibly claim to understand the financial risks of the climate crisis at the same time that they're investing in the expansion of fossil fuel infrastructure,” says Shift: Action for Pension Wealth and Planet Health.
The BC NDP has offered qualified support for LNG development, saying that any such effort must fit into the provincial climate plan, while BC Greens say the province must stop building fossil fuel infrastructure.
A report funded by the Canadian liquefied natural gas industry estimates that creating a 56-million-tonnes-per-year LNG industry in B.C. would result in nearly 100,000 jobs.
A global survey of LNG terminals released Monday by Global Energy Monitor outlines the central risk facing the hundreds of billions of dollars in sunk investments in LNG infrastructure: That some of these structures could become stranded long before the end of their useful lives.