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.
Foreign-funded activists claim LNG cannot help reduce emissions despite evidence it can.
Here’s why Canadian LNG will help bring global emissions down.
- The Wilderness Committee has been a frequent receiver of funding from foreign organizations like the Tides Foundation and others.
- Even though they released their net-zero pathway, the IEA’s own energy demand scenarios still show the significant role oil and natural gas will need to play out to 2040, with the oil supply required to reach over 100 million barrels per day in order to meet the world’s growing energy demand. Even if the roadmap is followed, there will still be demand for oil and gas.
Canadian LNG uses hydroelectricity and is the lowest emissions LNG in the world.
- Independent studies have found that switching to Canadian LNG can be 62% cleaner than Chinese coal power in a country that represents 28% of total global emissions.
- Emerging circular economy technologies hold the promise of true sustainability for oil and gas. Real zero production and consumption technologies are already beginning to take shape like Questerre Energy’s circular economy project.
Here is a story that gets it right.
CEO Carlos Tavares of Stellantis N.V., which produces vehicle brands such as Dodge, Fiat, and Maserati wants governments to take into account the true costs of EV’s. He notes that the choice hasn’t been market-related but mandated by governments. There are still issues of affordability and life-cycle emissions that governments are seeming to forget about.