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This is a news compilation setting the record straight on the day’s top anti-oil and gas stories and providing research and facts to counter misinformation about the oil and gas industry.
The article casting doubt on B.C.’s plan to get emission credits for lower-emitting LNG cites already debunked activist reports.
B.C. LNG and other natural resources will help reduce global emissions.
- The report that the author cites from the Canadian Centre for Policy Alternatives about LNG being a carbon bomb has been debunked. This independent report shows that Canadian LNG from B.C. emits 20% less over its lifecycle than new high-efficiency Chinese coal plants.
- Oil and gas producers are required by the BC Oil and Gas Commission to have systems in place to “detect and repair leaks.”
- B.C. LNG will be the cleanest LNG produced in the world by being powered mostly by hydroelectricity. It will be 35% lower than the world’s best-performing facilities and 60% lower than the global weighted average.
- This study by Navius Research shows that producing resources in Canada can reduce global emissions by producing domestically with fewer emissions.
- As energy demand increases with population growth, so will the demand for more environmentally sustainable energy. B.C. LNG will be able to provide reliable energy, with lower emissions.
Here are some stories that get it right, or mostly right.
In 2016, the Federal Liberal government set in motion the proposal for a new Clean Fuel Standard (CFS) to reduce fuel emissions by 30 megatonnes per year in 2030. The standard covers all fossil fuels in use and will be rolled out in different phases, starting with liquid fuels. Reports show that this could have large impacts on jobs and Canada’s GDP. It is estimated that the new regulations could put 50,000 jobs at risk and take out almost 1% of Canada’s GDP.