Report warns of potential risks and stranded assets in British Columbia's LNG industry expansion due to cost concerns and increasing global export capacity.

A new report by Clean Energy Canada warns of potential risks in expanding British Columbia's LNG industry, including the possibility of stranded assets. The report raises concerns about the cost of electrifying B.C. 's growing LNG industry, as global export capacity rises and potential importers shift their energy mix. With B.C. 's LNG industry already attracting investments from major energy companies, the report emphasizes that additional LNG volumes from B.C. may not be needed, even if there is a demand for more LNG in Asia.

March 25, 2024
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