> Conservatives also attacked the German minister’s environmental credentials.
> “While the CBC interviews climate activists associated with Greenpeace from foreign countries to make the case for killing Canadian paycheques, the fact is that Europe came knocking begging for our world class LNG and [Prime Minister] Justin Trudeau slammed the door in their face and said there was no business case for it,” Lantsman said in a media statement.
Ouch. Salty….
Apparently Europeans owe Canadians a living. Of course it’s the profits of Suncor, Embridge, etc that they actually care about. Like a drug dealer whinging that you’ve kicked the habit.
I’d say that this is the crucial part:
>”It is a part of the transition, but it is not the long term,” Morgan told reporters. > >She cited studies and projections showing that Germany is expected to reduce its gas imports by 30 per cent by 2030 and 96 per cent by 2050. She said Europe is also expected to reduce natural gas imports by about 25 per cent by the end of this decade. > >Morgan said these are projections, not targets. > >Europe’s waning appetite for natural gas can be attributed in large part to Russia’s war on Ukraine. Russia was once a significant supplier of natural gas to Europe; it has been accused of throttling that supply in retaliation for crippling sanctions imposed by Germany and other Western allies.
The question is how quickly the feedstocks in industry can be replaced by clean alternatives. In the electricity and energy sector I’d expect batteries to actually diminish a lot of gas usage.
Links to the respective studies would have been interesting.
Unless the appetite grows Canadian suppliers will have to undercut the current suppliers to get the business. And it might be a good idea to find out who blew up the pipeline from Russia.
3 comments
> Conservatives also attacked the German minister’s environmental credentials.
> “While the CBC interviews climate activists associated with Greenpeace from foreign countries to make the case for killing Canadian paycheques, the fact is that Europe came knocking begging for our world class LNG and [Prime Minister] Justin Trudeau slammed the door in their face and said there was no business case for it,” Lantsman said in a media statement.
Ouch. Salty….
Apparently Europeans owe Canadians a living. Of course it’s the profits of Suncor, Embridge, etc that they actually care about. Like a drug dealer whinging that you’ve kicked the habit.
I’d say that this is the crucial part:
>”It is a part of the transition, but it is not the long term,” Morgan told reporters.
>
>She cited studies and projections showing that Germany is expected to reduce its gas imports by 30 per cent by 2030 and 96 per cent by 2050. She said Europe is also expected to reduce natural gas imports by about 25 per cent by the end of this decade.
>
>Morgan said these are projections, not targets.
>
>Europe’s waning appetite for natural gas can be attributed in large part to Russia’s war on Ukraine. Russia was once a significant supplier of natural gas to Europe; it has been accused of throttling that supply in retaliation for crippling sanctions imposed by Germany and other Western allies.
The question is how quickly the feedstocks in industry can be replaced by clean alternatives. In the electricity and energy sector I’d expect batteries to actually diminish a lot of gas usage.
Links to the respective studies would have been interesting.
Unless the appetite grows Canadian suppliers will have to undercut the current suppliers to get the business. And it might be a good idea to find out who blew up the pipeline from Russia.