Canada’s LNG Mirage: Why Most Projects Won’t Be Built and Taxpayers Won’t See the Payoff

By Michael Barnard – Clean Technica

Canada is planning LNG export infrastructure as if global gas demand growth will persist for decades, but the energy system is moving in a different direction. Under conditions of sustained LNG oversupply, rapid global deployment of solar and batteries, and rising financing costs for fossil infrastructure, most proposed Canadian LNG capacity will not be built. Some of what is built will still become stranded. Public money already committed will not generate the economic returns politicians are promising, because the underlying demand assumptions no longer hold.