The jokes on us!Remember when he said the Senate should be bipartisan?
The jokes on us!Remember when he said the Senate should be bipartisan?
The jokes on us!
Another species in depopulation mode.Japan's demand for liquefied natural gas (LNG) may grow by more than 10% to some 74 million metric tons by 2040 under a government scenario where the renewable energy rollout goes slower than expected, a senior industry ministry official said.
Japan's domestic LNG demand continued to fall last year, dropping by 0.4% to 66 million tons due to a weaker economy, a growing share of renewable energy, and nuclear power plant restarts.
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Japan may see LNG demand up if renewables are slow; Canada there to deliver, officials say — Reuters
Japan's demand for liquefied natural gas (LNG) may grow by more than 10% to some 74 million metric tons by 2040 under a government scenario where the renewable energy rollout goes slower than expected, a senior industry ministry official said.apple.news
Canada's Alberta province, a major gas producer, needs to find new export markets in face of a U.S. tariff threat, and expanding in Japan is an important target, its minister of environment and protected areas, Rebecca Schulz, told Reuters.In recent years, Germany, Japan, South Korea, and Taiwan have reached out to Canada begging (or requesting) natural gas only to be rebuffed or met with disappointment. Infamously, Prime Minister Justin Trudeau’s asserted that there was no “business case” for supplying LNG to the EU.
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Geoff Russ: Canada needs to scrap the Impact Assessment Act — National Post
We need regulations that do not scare away investors, shutting down the nation’s energy industryapple.news
She has been meeting officials, business lobbies and company representatives, including from JERA, Japan's top LNG buyer, JOGMEC, Japan Gas Association, chaired by a Tokyo Gas (9531.T) executive, and others, over the past week.Japan's demand for liquefied natural gas (LNG) may grow by more than 10% to some 74 million metric tons by 2040 under a government scenario where the renewable energy rollout goes slower than expected, a senior industry ministry official said.
U.S. President Donald Trump and Japan's Prime Minister Shigeru Ishiba are set to meet on Friday and are expected to discuss a huge proposed Alaska LNG project, among other topics, sources said, as competition for major LNG buyers is rising.Another species in depopulation mode.
An opportunity, come & gone. The current government has de facto cancelled two pipelines and a dozen oil sands and LNG projects, and increase the red tape preventing not only the other others from being approved, but from even being considered.Prime Minister Justin Trudeau cast doubt on the business case for exporting natural gas directly from the East Coast or Quebec to Europe – an assessment he delivered as he welcomed Germany’s Chancellor, who is in Canada seeking alternatives to Russian energy.
“I’m also pleased to announce that Japan will soon begin importing historic new shipments of clean American liquefied natural gas in record numbers,” Trump said.The cost, if the regulatory system just won’t allow it to happen, becomes irrelevant, as does the timeframe for its implementation.
“We know the world is moving aggressively, meaningfully towards decarbonization, towards diversifying,” Trudeau said in January 2023.Canada’s notoriously slow-moving environmental review process, which combined with federal politics, provincial politics and climate-change activism means any proposal faces the prospect of swimming through molasses. Ottawa’s decision in February to quash Énergie Saguenay came eight years after the project was launched.
While meeting with Japanese Prime Minister Ishiba Shigeru on Friday, the U.S. President mentioned several trade initiatives with Japan – but specifically exporting liquified natural gas to Japan.In recent years, Germany, Japan, South Korea, and Taiwan have reached out to Canada begging (or requesting) natural gas only to be rebuffed or met with disappointment. Infamously, Prime Minister Justin Trudeau’s asserted that there was no “business case” for supplying LNG to the EU.
This could have been Canada’s deal, a deal that would have been beneficial for all. Yet, when Trudeau was asked by then Japanese Prime Minister Fumio Kishida to consider a similar deal, the answer was no.On Monday, multiple conservative politicians were saying it wasn’t so much the logistical cost of laying down hundreds of kilometres of LNG pipeline, but the “onerous” regulatory procedures of doing so.
“With massive natural gas reserves, Canada can no longer wait on the LNG sidelines, burdened by an onerous regulatory system. Our allies and trading partners need us. We must have more LNG export facilities approved and built,” read a Monday statement by Alberta energy minister Brian Jean.
But…there’s no business case, right?This week, the U.S. government announced that they were officially the world’s largest exporter of LNG in 2023. Every single day that year, U.S. ports exported the equivalent of 11.9 billion cubic feet of liquid natural gas. At current prices, that’s about $82 million worth of gas each day.
Donald Trump is offering Japan something that Canada, under Justin Trudeau, refused to and we will be poorer because of it.When asked whether Poland would be interested in Canadian LNG, Duda said “of course, yes.” Oh well.
Duda is the latest European leader who has said they’d likely purchase Canadian LNG if it were available; Greek Prime Minister Kyriakos Mitsotakis also told Kapelos in an exclusive CTV’s Question Period interview last month that his country would “of course” be interested in the product.
2025…so far into the future…Will there be flying cars in 2025? World peace? A mini-nuclear reactor in every garage? Trudeau and his Liberal Party are wedded to “decarbonization” that they would rather leave Canada’s natural resources in the ground that export them for good. If Canada had more (or any) export terminals for LNG, we could not only replace Putin’s war funding, we could have replaced coal with a cleaner burning fuel. Oh well.In that same year, Canada’s LNG exports were the same as they’ve always been: Zero. There are no LNG ports on the Atlantic Coast, and no solid plans to build one. Of two LNG ports under construction in B.C., the first won’t be open until 2025.