"The global LNG market is oversupplied, and the emissions benefits are overstated — Canada should look elsewhere like critical minerals for economic growth."

#LNG #canada #finance

policyoptions.irpp.org/magazines/ap...

Trade tensions with the U.S. reignited a push to expand Canada's LNG export capacity.

In @policyoptions.irpp.org, I argue that LNG is not the resource to gamble our economic growth on.

📉 Betting big on LNG could leave Canada stranded in an oversupplied market, argues @mikesamba.bsky.social

With global demand shifting and climate goals tightening, it’s time to play to our strengths, not double down on yesterday’s fuels.
🔗 policyoptions.irpp.org?p=116627

LNG expansion has been proposed as a silver bullet for Canada's energy sector, a 'transition fuel' to maintain our energy sector in the face of the energy transition.

The problem? Canadian LNG is:
- Not a transition fuel, and
- Not set to be competitive on the market.

buff.ly/3CV4JiF

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"We have high speed rail at home"

The high speed rail at home: