Carbon Tracker Initiative report casts doubt on Canada's LNG ambitions
from The Canada Press via Calgary Herald
A new report by the Carbon Tracker Initiative is throwing some cold water on Canada's liquefied natural gas ambitions. It identifies $283 billion in possible projects worldwide that may not be needed, including $82 billion in Canada over the next decade in a low-demand scenario. The report factors in a so-called carbon budget that would keep global warming within the two-degree Celsius United Nations target.
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