IEA Outlook and Financial Risks for LNG Sponsors

Mark Carney is due to announce another round of 'nation building' projects and likely to be among them is the Ksi Lisims liquefied natural gas (or LNG) project in British Columbia: the entity that will construct, own and operate the assets of the Ksi Lisims LNG project is a wholly-owned subsidiary of Texas-based Western LNG, funded by U.S. private equity firms with ties to the U.S. Administration. 

We discuss at length why LNG development is not nation building and actually harms our economy, health, and climate.

You can take action by calling for stronger anti-greenwashing regulations to apply to oil and gas corporations like LNG corporations here: https://www.sierraclub.ca/action-item/greenwashing_regulations_canada_carney/

And pledge to support community-led renewable energy and tell Carney to do the same: https://www.sierraclub.ca/action-item/carney-support-renewable-energy/

You can find resources / sources for today's episode here: https://www.sierraclub.ca/lng-national-interest-canada/

And some reading for greater context below: 

• "More than 40 Trump administration picks tied directly to oil, gas and coal, analysis shows" - The Guardian.
• "Trump Officials Discussed $500M Alberta Independence Loan, Separatist Claims" - Desmog. 
• "These Fossil Fuel Industry Tactics Are Fueling Democratic Backsliding" - Centre for American Progress.

Carney's announcement will take place in Prince Rupert on Thursday according to CBC News.

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