Canada's LNG Pipe Dream Is an Unsustainable, Bad Investment: Report
The Canadian taxpayer is already betting billions on a supposed boom in liquified natural gas but is this a wise investment given how quickly renewable energy and battery storage are transforming the global economy? The answer is a resounding "no" according to a report released by IISD that looked at shifting global markets and how Canada's LNG industry could undermine our climate goals.
You might also be interested in
Ending Export Credits for Oil and Gas: How OECD countries can end 2024 with a climate win
For a year now, Organisation of Petroleum Exporting Countries (OECD) governments have been negotiating an agreement that could put an end to oil and gas export finance. Following the acrimony in Baku, this would be a very real way for the OECD to show policy coherence, respond to calls from the poorest countries to stop subsidizing fossil fuels, and shift public finance to solutions.
An OECD Deal on Ending Oil and Gas Export Credits Is Urgently Needed. Here’s What it Could Look Like.
The European Union, the United Kingdom, and Canada have introduced a proposal to end oil and gas financing by export credit agencies at the OECD. Pressure is building to reach a deal by the end of 2024.
Powering the Clean Energy Transition: Net-Zero electricity in Canada
This brief explains how a shift to clean power generation can offer affordable, reliable electricity, benefiting households and businesses alike.
November 2024 | Carbon Minefields Oil and Gas Exploration Monitor
In October 2024, 20 oil and gas exploration licences were awarded across three countries, with a significant portion granted by Brazil.