The coalition, which includes the Sierra Club Canada Foundation and Climate Action Network Canada, issued a statement Thursday that also takes aim at the financial risks associated with multibillion-dollar ventures that could take several years to come on stream.
Calgary-based Pieridae Energy has been promoting construction of a multibillion-dollar LNG export terminal in Goldboro, N.S., since 2011, but it put the project on hold last summer because of “cost pressures and time constraints” linked to the COVID-19 pandemic. The company, which could not be reached for comment, had planned to get natural gas from Western Canada via pipeline and then ship it by tanker to European customers.
Earlier this year, Pieridae CEO Alfred Sorensen issued a statement saying the invasion of Ukraine has prompted countries to look for secure supplies of natural gas. “LNG export plants will blow our chances of meeting emissions targets,” Fitzgerald said in a statement. “And all this for projects that have no hope of coming online faster than truly clean alternatives, such as wind, solar and energy efficiency.”
Higgs said the owner of the Saint John plant, the Spanish firm Repsol, has already talked to the federal government about transforming the facility into an export terminal.
why do they get to decide what is viable or not. Europe could benefit as well as our GDP. I think if there were any dangers for the environment it would have not been a proposed project. waste of time really. we are already shipping crude to other nations without benefitting us.
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