Canada 'not interested' in investing in LNG facilities, energy minister says

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Canada's Minister of Energy and Natural Resources, Jonathan Wilkinson, stated in a television interview that Canada is not interested in subsidizing future liquefied natural gas (LNG) projects. Countries such as Greece, Germany, and Japan have expressed interest in purchasing Canada's LNG, while the United States has paused the expansion of American LNG exports. The Canadian government opposes using government money to fund inefficient fossil fuel subsidies and believes that investing in LNG facilities is the role of the private sector. To meet the 2030 target for reducing greenhouse gas emissions, LNG production will need to rely on clean electricity. Prime Minister Justin Trudeau's federal government has set targets to cut emissions by 2030 and requires new LNG proposals to be net-zero emissions in the same timeframe. Trudeau has highlighted the economic difficulties of exporting LNG to Europe from Canada's Atlantic coast and the importance of decarbonizing the global energy supply to combat climate change. The decision by U.S. President Joe Biden to pause American LNG exports has increased pressure on British Columbia and Canada's governments to do the same, although it may be politically challenging to follow suit.

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https://ca.news.yahoo.com/canada-not-interested-investing-lng-165455130.html