A report out this week by Global Energy Monitor that received coverage across Canada’s mainstream media is being called out by the Canadian Association of Petroleum Producers (CAPP).
The report, The New Gas Boom: Tracking Global LNG Infrastructure, says an international boom in LNG exports is undermining global efforts to stop climate change and calls for a moratorium on new LNG infrastructure.
The Global Energy Monitor report claims that the scale of LNG expansion underway is as large or larger than the expansion of coal-fired power plants, largely due to fugitive methane emissions at all stages of the gas extraction and supply cycle.
“The conclusions of the Global Energy Monitor’s report are factually incorrect. Sharing these untrue statements is unacceptable,” CAPP CEO Tim McMillan said in a statement on Wednesday.
“This is another deliberate attempt by a foreign-funded activist organization to discredit the Canadian oil and natural gas industry. This group, along with the wider activist community is positioning itself against global development, and the lifting of a billion people out of poverty through access to clean energy.”
“For every LNG facility built in Canada, global emissions are reduced by 100 MtCO2e per year. Five Canadian LNG facilities would meet or exceed our commitment under the Paris Agreement, based on incremental new power generation demand displacing coal.
“Canadian GHG emissions intensity from LNG facilities is expected to be even lower as a result of strong regulations, and an opportunity to electrify the upstream. Eliminating upstream combustion emissions via electrification is made possible by connecting to a lower-emissions electricity system, which could reduce the upstream carbon intensity by approximately half.
“Global economies are growing and world will need more natural gas. Canada is best positioned to ensure this demand is met with responsibly produced Canadian energy.”