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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.
IISD in the news August 18, 2022

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.
IISD in the news August 18, 2022

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.
Project August 18, 2022

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 August 18, 2022