Posts in LNG
- The proposed Jordan Cove LNG export terminal and Pacific Connector pipeline would be a substantial source of climate pollution for decades to come. This briefing provides an estimate of the project lifecycle emissions and provides the climate rational for rejecting the proposed project.
Report: First Comprehensive Analysis of Climate Impact of Jordan Cove LNG Terminal & Pacific Connector PipelineA new report released by Oil Change International details, for the first time, the full accounting of greenhouse gas emissions that would result from the proposed Jordan Cove LNG Export terminal and Pacific Connector fracked gas Pipeline project in Oregon.
- Big banks’ business as usual is killing the climate. From 2014 to 2016, big banks around the world poured $290 billion into extreme fossil fuel companies and failed to respect human rights.
- Canada's permit for a massive new LNG export plant in British Columbia cannot be squared with its climate goals.
- In the past three years, the North American and European commercial and investment banking sector has engaged in fossil fuel financing practices that are deeply at odds with the global climate agreement reached at COP 21 last December.
- In the diplomatic fallout from the crisis in Crimea, European leaders are said to be scrambling to reduce their dependence on Russian gas. You cannot negotiate with Putin if he holds all the aces.
- Over 40 per cent of the entire US marketed gas production could be exported, if all the LNG applications go ahead.
- More on the growing Iranian crisis. Brent crude is rising this morning due to worries over serious disruptions to the supply of crude after Iran warned its Arab neighbours of “consequences” if they raised oil output to replace Iranian loses through international sanctions. As the US has increased diplomatic pressure on countries that import Iranian...
Continue reading 'British LNG Imports at Risk in Gulf Crisis'.
- Undermining its own credibility in Copenhagen and the integrity of its pledge to phase out support for fossil fuels, an agency of the Obama Administration, the United States Export-Import Bank, has reportedly approved $3 billion in financing for an Exxon led consortium constructing a liquefied natural gas plant on Papua New Guinea. The Obama Administration...
Continue reading 'As Copenhagen begins, Obama Approves $3 Billion for Exxon'.
- The tar sands may be doomed. Two of the key arguments against exploiting it are gaining traction, and both may be enough to scupper investment. Yesterday I blogged about how the idea of a carbon-constrained world, which could fatally undermine tar sands extraction, was beginning to be debated in the mainstream press: the message being...
Continue reading 'IEA to Reduce Oil Demand Forecasts Again'.
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