The Environment in Canada Podcast

LNG is NOT Nation-Building: Trump's Friends May Benefit, But We Pay the Price

10 snips
Nov 12, 2025
The discussion challenges the notion that LNG projects promote nation-building, highlighting their negative impacts on Canada’s economy, health, and climate. Polls show public preference for renewable energy over LNG funding. The podcast reveals foreign ownership of LNG projects and stresses that exporting LNG could raise domestic gas prices. It connects fossil fuel production to climate crises and local health issues. Ultimately, it calls for stronger regulations against greenwashing and advocates for community-led renewable initiatives.
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INSIGHT

Nation-Building Label Masks Foreign Gain

  • Mark Carney's "nation-building" LNG picks mostly benefit foreign-owned projects rather than Canadians.
  • These projects conflict with public preference for renewables and risk wasting taxpayer money.
INSIGHT

Foreign Ownership Behind LNG Projects

  • Many proposed LNG projects are owned or funded by foreign corporations and U.S. interests tied to the U.S. administration.
  • Presenting them as Indigenous-owned or domestic misleads public perception and policy debates.
INSIGHT

LNG Faces Oversupply And Financial Risk

  • Global gas demand is expected to peak this decade and then decline, creating oversupply risks for new LNG projects.
  • Many sponsors of LNG projects under construction may not recover their invested capital.
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