Thread by @ElkeBabiuk

FACT: Germany cannot import LNG & Canada cannot export LNG.

FACT: While many LNG export projects were proposed, low LNG prices & inability to get financing, meant most were cancelled or postponed.

"As a result, Canada has no operating LNG export infrastructure."

#cdnpoli #LNG

Why Canadian LNG Is Not the Answer for the European Union’s Short-Term Energy Needs

Canadian LNG Infrastructure Can’t Be Scaled Up in Time

"The EU Will Be Onto Cleaner Alternatives Before Canada Can Deliver LNG"

#cdnpoli #LNG
iisd.org/articles/deep-…

Conservatives must STOP their D.i.s.i.n.f.o.r.m.a.t.i.o.n.

How exactly is PM Trudeau "kneecapping Canada" when Chancellor Olaf Scholz said:
"We have not built terminals for importing liquid natural gas to Germany at our own shores...." cbc.ca/news/politics/…
#cdnpoli #LNG

D.i.s.i.n.f.o.r.m.a.t.i.o.n. @nationalpost:

Sorry Trudeau, the case for LNG is clear, now get out of the way
nationalpost.com/opinion/np-vie…

"Canada simply refuses to build the infrastructure needed to export the resource."

It's not up to GOV to fund the

#cdnpoli #cdnmedia #LNG

magical thinking of Conservatives. It's up to the BANKS & the private sector together, together with the MARKET & they said NO, not PMJT!

*** "Since 2011, 24 LNG projects have been issued long-term export licenses." ***

nrcan.gc.ca/energy/energy-…

Low LNG prices & inability to get financing, meant most projects were cancelled or postponed: see posts above!

STOP dumping on PMJT #cdnmedia: it's not due to: "...a decade of bad policymaking, poor political leadership and capitulation to fringe voices."

It's the FREE MARKET!

"On Oct 1, 2018, LNG Canada made a final investment decision to proceed with construction of an LNG export facility in Kitimat, the first LNG export facility ... & the largest private sector investment in Canadian history at an estimated $40 billion.
kitimat.ca/en/business-an…

FYI if anyone missed it: "...the current government provided tax-breaks for the huge modules needed for LNG Canada...."

https://twitter.com/DianeMariePosts/status/1562566383892037634?t=RA6NDH_1wAOa-yJNwjHL4Q&s=19

The historical natural gas rates that kept investors' powder dry until recently

It's not enough that some Conservatives are criticizing the attack on @ChrystiaFreeland. They need to stop sharing #RageFarming articles by some #cdnmedia that falsely dump on PMJT & our Gov.

How did Aljazeera get it right in response to Poilievre's attack on
#cdnpoli #LNG

PMJT while much of #CdnMediaFailed us on LNG & Scholz's visit?
aljazeera.com/economy/2022/8…

Canada cannot export LNG
and
Germany cannot import LNG, period!

It's not PMJT's fault @nationalpost. It's the #FreeMarket!

Almost everything in the NP article is D.i.s.i.n.f.o.r.m.a.t.i.o.n. & yet Canada's Conservatives like @DanAlbas & @PierrePoilievre are gleefuly #RageFarming despite the lies.

See my entire thread above.

#cdnpoli #cdnmediafailed #LNG

@threadreaderapp unroll

Canadian LNG: PMJT was right!

"Building new projects right now makes very little business sense. The PM was right about that.

But what about the past, you say! Surely he's responsible for the absence of a bunch of projects.

Not quite."
Good thread 👇

threadreaderapp.com/thread/1565042…