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Green solutions won't come online in time to counter Russian energy crunch
Next week, the town of Stephenville, N.L., will be the stage for a mirage. Justin Trudeau will be there, as will German Chancellor Olaf Scholz, ministers from both countries, local mayors and plenty of well-financed corporate types. They’ll be marvelling at the wind power whipping past the deep-sea port, talking about hydrogen replacing natural gas and freeing Europe from the dependence of Russia, turning Canada into a clean-energy powerhouse and cutting emissions all at the same time.
No Path for Canadian LNG Exports to Europe, IISD Analysis Concludes
With the European Union striving to slash its demand for Russian gas by two-thirds by the end of this year and end all its dependence on Russian fossil fuels by 2027, there’s no path for liquefied natural gas (LNG) from Canada to help the continent meet its short-term energy needs, the International Institute for Sustainable Development concludes in a policy brief released Tuesday.
Re-Energizing Canada
Oil and gas have shaped Canada’s past—but to ensure a prosperous future, the country must reduce its dependence on fossil fuel production. Find out why and how.
Principles-Based Social Taxonomy for Sustainable Investing
IISD developed a social taxonomy of business activities for a client country. It is based on the specific social and economic development vision and priorities of the country and aligned with international norms and best practices.
Report dumps cold water on Canadian LNG exports to Europe ahead of German chancellor's visit
A visit to Canada by German Chancellor Olaf Scholz next week has stoked speculation about the possibility of LNG exports from the East Coast, despite a new report that suggests Canadian natural gas is not the answer to Europe’s current energy woes.
Why Canadian Liquefied Natural Gas Is Not the Answer for the European Union’s Short-Term Energy Needs
This investigation shows that Canadian LNG infrastructure would come too late to address Europe’s energy security needs and offer little benefit to Canada’s economy.
Electricity action plan must be rational, measured and defensible – and deter opportunistic projects
There is a dangerous narrative circulating that due to the current energy crisis, South Africa must take any and all electrons that are available. But some electrons come at too high a price, and South Africans would be left paying for these panic purchases for a long time.
Uniper drops coal case as tensions rise over treaty on fossil fuel projects
German energy company Uniper has been forced by its government to drop a lawsuit against the Netherlands over the proposed closure of coal power plants, highlighting the tensions over a treaty protecting fossil fuel projects.