CleanTechnica•5 days ago
Canada’s LNG Mirage: Why Most Projects Won’t Be Built and Taxpayers Won’t See the Payoff
- •Canadian LNG export infrastructure plans are based on an outdated assumption of persistent global gas demand growth, despite a rapidly shifting energy landscape.
- •Most proposed Canadian LNG projects face significant headwinds from sustained global LNG oversupply, rapid deployment of solar and battery storage, and increasing financing costs for fossil fuel infrastructure.
- •Developers and large power consumers should anticipate reduced new Canadian LNG supply and a faster global transition to renewables, impacting long-term energy pricing and availability.
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