Trudeau Can't Win -- Now The Canadian Environmentalists Want To Derail The One Project That Had A Chance -- October 3, 2018 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Trudeau Can't Win -- Now The Canadian Environmentalists Want To Derail The One Project That Had A Chance -- October 3, 2018, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : Trudeau Can't Win -- Now The Canadian Environmentalists Want To Derail The One Project That Had A Chance -- October 3, 2018
link : Trudeau Can't Win -- Now The Canadian Environmentalists Want To Derail The One Project That Had A Chance -- October 3, 2018

Trudeau Can't Win -- Now The Canadian Environmentalists Want To Derail The One Project That Had A Chance -- October 3, 2018

From SeekingAlpha:

• amid the enthusiasm over the final investment decision for the LNG Canada project by the Shell-led consortium, the project's potential carbon emissions have environmental advocates questioning the feasibility of British Columbia's carbon reduction goals
• "How are we going to meet our legislated greenhouse gas targets when this substantial increase in emissions is happening?" asks Ian Bruce, a director with the David Suzuki Foundation
• the B.C. government maintains the province will meet its climate change targets even with LNG Canada going ahead, saying the project's estimated carbon output will total 3.45M metric tons/year
• but a Ministry of Environment spokesperson clarifies the forecast accounts only for Phase 1 of the project, with two production trains; Phase 2 would include two additional trains, which Bruce and others say could increase greenhouse gas emissions by 8M-9M tons annually
• "This project is a carbon bomb," says Marc Lee, an economist with the Canadian Centre for Policy Alternatives.

Interestingly, if one wants to be consistent in one's reasoning, these folks have a case.

By the way, this is the problem that California now has. The state passed a law that say the stay must obtain all electricity from renewable sources by 2045. Everyone knows that won't happen, but it effectively stops any new non-renewable energy projects from here on out. Unless a new non-renewable energy project is offset by a renewable project but that won't happen. Renewable energy projects can't possibly outperform a new non-renewable power project. 

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