This is a news compilation setting the record straight on the day’s top anti-oil and gas stories and providing research and facts to counter misinformation about the oil and gas industry.
Anti-oil and gas group using misinformation to gather supporter ID.
Woodfibre LNG can help reduce global emissions.
- This independent study found that switching to Canadian LNG can be 62% cleaner than Chinese coal power in a country that represents 28% of total global emissions.
- According to this independent study done by environmental consulting company Mantle 314, projects like Woodfibre LNG could decrease global emissions enough to take 700,000 cars off the road or 76 years worth of Squamish’s emissions per year.
- Experts such as the U.N. Intergovernmental Panel on Climate Change (IPCC) and International Energy Agency (IEA) all agree that natural gas maintains a climate benefit over other traditional fuel sources, even at leakage rates far greater than what is currently documented.
- Currently in Canada, the average levelized cost of combined-cycle natural gas power generation is significantly lower than wind and solar. Simple cycle natural gas power generation has similar price ranges and solar and wind also.
Here’s a story that gets it right.
The Lheidli T’enneh Nation and McLeod Lake Indian Band have partnered up with Formula Capital Corporation on a plan to develop a natural gas liquids extraction plant near Summit Lake north of Prince George. This is a great example of First Nation communities using resource production to bring benefits to the area.