LNG conference explores how to position Canadian industry for climate-conscious future

However, Taufik said Canada has “additional levers” to clean up emissions from its ample supplies of gas, such as the faster permitting of electrified LNG production.And Canada can start delivering LNG at the same time countries such as Malaysia and China begin more aggressively pursuing their own emissions-reduction targets by ditching coal-fired electricity.

Germany, seeking to shore up gas supplies following Russia’s invasion of Ukraine and the energy crisis that followed, bought up LNG at high prices, and Simoes argued that this dynamic edged Pakistan, Indonesia, Vietnam and the Philippines to forego LNG for coal power. “People talk about transition and the need for stopping oil and gas and so on, they forget that we .. can be selfish, as developed nations,” Al-Kaabi said. Especially when there are hundreds of millions of people in the global south without secure access to energy.Article content

“Asking emerging Asia to pivot in the space of less than a decade, it’s patently unfair, it is patently unrealistic,” Taufik said.

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LNG conference explores how to position Canadian industry for climate-conscious futureLNG industry faces pressure to clean up its own emissions game as a base source of power in the energy transition, a conference in Vancouver heard.
Source: VancouverSun - 🏆 49. / 61 Read more »