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But naysayers in Canada appear to want that these 42 or extra overseas patrons get their LNG from Qatar, Australia, Russia, and the United States, the place manufacturing and emission requirements are decrease than ours. The U.S. is already boosting its LNG gross sales to China.
Canadian activists converse of combatting world warming, however in follow many focus narrowly on B.C. and the native impression of the manufacturing of pure gasoline and LNG. That our LNG can and can assist cut back world air pollution is dismissed or denied.
They want to listen to Bryan Cox, CEO of the Canadian LNG Alliance: “Liquefied natural gas from B.C will have the least CO2 per tonne of any LNG produced in the world. Not only will B.C. projects have the potential to reduce global emissions by displacing coal, they will also reduce global emissions if they replace LNG produced in other jurisdictions.”
In the brief time period, aggravated by the pandemic, demand for LNG, and its pricing, have been unsure. Some LNG initiatives have been stalled.
But the consensus amongst market watchers is that in the present day’s oversupply will probably be changed by a scarcity within the mid-2020s.
That will probably be simply because the $40-billion LNG Canada venture at Kitimat comes on-line and begins filling LNG carriers for abroad markets — with First Nations involvement and help.
LNG from B.C.? A win for First Nations and a win for all.
Karen Ogen-Toews is CEO of the First Nations LNG Alliance, an elected councillor (and former elected chief) of the Wet’suwet’en Nation in B.C., and an adviser to the Resource Works Society, which helps accountable growth of assets.
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