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	<title>Daniel Horen Greenford, Author at Corporate Knights</title>
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	<title>Daniel Horen Greenford, Author at Corporate Knights</title>
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		<title>Why the push to sell LNG as a climate solution is full of hot air</title>
		<link>https://corporateknights.com/energy/the-push-to-sell-lng-as-a-climate-solution-full-of-hot-air-oil-gas/</link>
		
		<dc:creator><![CDATA[Daniel Horen Greenford]]></dc:creator>
		<pubDate>Fri, 28 Jul 2023 14:18:33 +0000</pubDate>
				<category><![CDATA[Energy]]></category>
		<category><![CDATA[climate action]]></category>
		<category><![CDATA[Fossil fuels]]></category>
		<category><![CDATA[liquified natural gas]]></category>
		<category><![CDATA[LNG]]></category>
		<guid isPermaLink="false">https://corporateknights.com/?p=38233</guid>

					<description><![CDATA[<p>OPINION &#124; To be a climate leader, Canada must not add fuel to the fire by allowing any further expansion of liquified natural gas</p>
<p>The post <a href="https://corporateknights.com/energy/the-push-to-sell-lng-as-a-climate-solution-full-of-hot-air-oil-gas/">Why the push to sell LNG as a climate solution is full of hot air</a> appeared first on <a href="https://corporateknights.com">Corporate Knights</a>.</p>
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										<content:encoded><![CDATA[<p><span data-contrast="auto"> The fossil fuel industry is on a roll. Emboldened by global crises, big oil and gas companies are awash in cash from </span><a href="https://www.theguardian.com/environment/2023/feb/09/profits-energy-fossil-fuel-resurgence-climate-crisis-shell-exxon-bp-chevron-totalenergies" target="_blank" rel="noopener"><span data-contrast="none">historically unprecedented profits</span></a><span data-contrast="auto"> and determined to seek ever more profit, no matter the cost. </span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p>
<p><span data-contrast="auto">In recent weeks and months, the fossil fuel lobby and its supporters in governments of all political stripes have been touting the putative benefits of liquefied natural gas. It’s been a full court press of advertising, sympathetic columnists presenting </span><a href="https://financialpost.com/diane-francis/diane-francis-trudeau-lost-lng-opportunity" target="_blank" rel="noopener"><span data-contrast="none">one-sided opinions</span></a><span data-contrast="auto"> as if they were carefully researched facts</span><span data-contrast="auto">,</span><span data-contrast="auto"> and reports such as </span><a href="https://chamber.ca/wp-content/uploads/2023/04/Canada_and_Global_Energy_Security_March_2023.pdf" target="_blank" rel="noopener"><span data-contrast="none">the one recently published</span></a><span data-contrast="auto"> by the Canadian Chamber of Commerce that wouldn’t survive scrutiny as an undergrad economics assignment. Then there is the </span><a href="https://www.cbc.ca/news/business/royal-bank-oil-and-gas-1.6809011" target="_blank" rel="noopener"><span data-contrast="none">world’s leading fossil fuel project financier</span></a><span data-contrast="auto"> — the Royal Bank of Canada — and its push for </span><a href="https://thoughtleadership.rbc.com/canadas-conundrum-three-ways-to-address-the-worlds-gas-climate-crises/" target="_blank" rel="noopener"><span data-contrast="none">increased Canadian LNG production</span></a><span data-contrast="auto">, the latest in a regrettable stream of greenwashing exercises. </span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p>
<p><span data-contrast="auto">One of the arguments most frequently made by industry lobbyists and LNG project proponents is that LNG is a “bridge fuel.” They assert that LNG can displace other climate-polluting fossil fuels such as coal, and that because LNG emits less carbon dioxide than coal when burned, it is beneficial in the effort to limit the rapidly compounding effects of the climate crisis.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p>
<p><span data-contrast="auto">A new report I wrote commissioned by the David Suzuki Foundation, “</span><a href="https://davidsuzuki.org/science-learning-centre-article/burning-bridge-debunking-lng-as-a-climate-solution/" target="_blank" rel="noopener"><span data-contrast="none">Burning Bridge: Debunking LNG as a Climate Solution</span></a><span data-contrast="auto">,” takes a close look at the science and economics around LNG and the climate crisis and concludes that, far from being a solution, LNG exacerbates the problem.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p>
<p><span data-contrast="auto">Specifically, LNG locks up investment, locks in emissions and locks out renewables — the three locks. In the wake of the latest unmistakably clear “</span><a href="https://www.theguardian.com/environment/2023/mar/20/ipcc-climate-crisis-report-delivers-final-warning-on-15c" target="_blank" rel="noopener"><span data-contrast="none">final warning</span></a><span data-contrast="auto">” to humanity issued by the United Nations in the Intergovernmental Panel on Climate Change’s comprehensive Sixth Assessment report, the three locks keep us on the road to climate chaos. </span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p>
<p><span data-contrast="auto">LNG projects are capital intensive. In fact, LNG Canada’s Phase 1 project in Kitimat, British Columbia, with a </span><a href="https://www.canada.ca/en/innovation-science-economic-development/news/2019/06/government-of-canada-confirms-support-for-largest-private-investment-in-canadian-history.html" target="_blank" rel="noopener"><span data-contrast="none">price tag of $40 billion</span></a><span data-contrast="auto">, is the largest private sector project in Canada’s history. Because of the enormous capital cost of building LNG infrastructure, such projects must operate for decades to first break even and then turn a profit. That’s problematic when we have very little time left to dramatically reduce gas consumption. </span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p>
<p><span data-contrast="auto">On the existential issue of emissions, LNG supporters carefully avoid comprehensive analyses of LNG emissions from wellhead to the end consumer. They prefer to focus on those liquefaction facilities that will use electricity to manufacture LNG leaving out all the other steps of the industrial process integral to production and emissions up to the point of delivery. In the case of Canadian LNG — the focus of the report — more than 90%</span> <span data-contrast="auto">of the gas that will travel via Coastal GasLink’s 640-kilometre pipeline to LNG Canada’s Kitimat facility will be fracked. Methane emissions</span><span data-contrast="auto"> from the fracking process are potent drivers of climate change — as methane is roughly 30 to 80 times more potent than carbon dioxide. In addition to emissions, fracking is also associated with serious </span><a href="https://news.yale.edu/2022/08/17/proximity-fracking-sites-associated-risk-childhood-cancer" target="_blank" rel="noopener"><span data-contrast="none">health</span></a><span data-contrast="auto"> and </span><a href="https://www.watercalculator.org/footprint/fracking-water/" target="_blank" rel="noopener"><span data-contrast="none">water</span></a><span data-contrast="auto"> impacts.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p>
<p><span data-contrast="auto">Then there is the cost of renewable energy, <a href="https://corporateknights.com/energy/scientists-are-pushing-for-cheaper-solar-energy-as-capacity-building-booms/">which has plummeted</a> in recent years and is now the cheapest source of energy in many parts of the world, much more cost-effective than fossil fuel infrastructure. But if billions of dollars in private investment capital and </span><a href="https://thenarwhal.ca/bc-lng-canada-cgl-economics/" target="_blank" rel="noopener"><span data-contrast="none">billions more in government subsidies</span></a><span data-contrast="auto"> keep flowing to fossil fuel projects, we cannot fully leverage the cost and clean energy advantages of renewable energy. </span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p>
<p><span data-contrast="auto">The federal and British Columbia governments have taken some positive steps in addressing the climate crisis. At the same time, they have worked against their own best efforts by financially supporting and </span><a href="https://news.gov.bc.ca/releases/2023ENV0018-000321" target="_blank" rel="noopener"><span data-contrast="none">approving new fossil fuel projects</span></a><span data-contrast="none">, such as the recent Cedar LNG project. <a href="https://corporateknights.com/climate-and-carbon/canada-gets-sued-when-fossil-fuel-companies-rejected/">With big oil and gas companies exerting </a></span><span data-contrast="auto">their influence via lobbying, advertising and misinformation campaigns, governments need to listen to the science. LNG is not a climate solution in a world that desperately needs to decarbonize as quickly as possible. To be a climate leader, Canada must not add fuel to the fire by allowing any further expansion of the LNG industry. </span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p>
<p><i><span data-contrast="auto">Daniel Horen Greenford is a postdoctoral researcher at Concordia University. He holds a PhD in Geography, Urban and Environmental Studies.</span></i></p>
<p>The post <a href="https://corporateknights.com/energy/the-push-to-sell-lng-as-a-climate-solution-full-of-hot-air-oil-gas/">Why the push to sell LNG as a climate solution is full of hot air</a> appeared first on <a href="https://corporateknights.com">Corporate Knights</a>.</p>
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