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Is the LNG industry gaslighting the path to net-zero?

Corporate Knights

to Asia or Europe has higher carbon intensity than local coal use due to the leakage of methane – a powerful warming agent – throughout the LNG supply chain, but particularly during shipping. billion 670-kilometre Coastal GasLink pipeline that will ship supply from the gas fields of northeastern B.C. TC Energy’s $14.5-billion

Net Zero 360
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Canadian LNG deal with Germany seems unlikely, as emphasis grows on hydrogen

Corporate Knights

For months, Canadian fossils have been touting the possibility of shipping LNG to Germany to help the country cope with an energy supply crisis brought on by Russia’s war in Ukraine. Building a new LNG export facility in Canada sounds like an enormous stranded asset in the making.”. Canada’s Duty. On a trip to St.

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The Climate Blockers: BASF quietly lobbies against strong climate policy while talking a big game

Corporate Knights

Historically, some 40% of the raw materials entering the site do so by freight ships. In the summer of 2018, these were scraping bottom; cargo traffic was reduced to a trickle, and ships could be only partially laden. The river’s water was too warm to effectively cool BASF’s reactors.

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Cost parity for sustainable shipping fuels achievable by 2035

Envirotec Magazine

Sustainable shipping fuels could reach cost parity with fossil fuels as early as 2035 with the help of decisive emissions policy such as carbon taxes and emissions limits, according to a report launched by technology firm Wärtsilä on 21 March. iii Transporting 80% of world trade, shipping is the engine room of the global economy.

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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

times higher than the UK's own greenhouse gas emissions (excluding aviation and shipping). For example, the indicative financed emissions from the UK financial sector in 2019 were found to be 1.8 trillion USD in fossil fuels. A simple example is that of a financial investment in a mining company.

Net Zero 147
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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

Those numbers left any Indigenous investor with the prospect of losing money on the deal and facing “the likely prospect of being saddled with a stranded asset,” independent economist Robyn Allan, a former president and CEO of the Insurance Corporation of British Columbia, told The Energy Mix at the time.

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IPCC issues final warning about ‘rapidly closing window of opportunity’

Corporate Knights

Delaying those actions “would lock in high-emissions infrastructure, raise risks of stranded assets and cost escalation, reduce feasibility, and increase losses and damages.” But some meeting participants warned that those delays are baked into the process by some of the key assumptions in the IPCC’s modelling.