Is ‘renewable’ natural gas a climate solution — or masterful greenwashing?
Each time Tim Crossin turns on his gas fireplace to heat the modest home he shares with his partner, the avowed environmentalist "assuages" his climate guilt with a reminder that he is paying a premium for so-called "renewable" natural gas.
This story includes details on the impacts of climate change that may be difficult for some readers. If you are feeling overwhelmed by this crisis situation here is a list of resources on how to cope with fears and feelings about the scope and pace of the climate crisis.
"Every LNG terminal that comes online risks locking in decades of avoidable climate pollution and environmental injustice."
Ahead of a planned global summit on the climate and environment in Japan, campaigners on Wednesday urged the Biden administration to resist pressure from Japanese officials to expand public investments in liquefied natural gas, which is derived from fracking and the drilling of oil and gas wells, warning that proponents have wrongly claimed the gas is a "clean" alternative to other fossil fuels.
Despite pledging to reach net-zero greenhouse gas emissions, Canada’s Big 5 banks have invested over $1 trillion in coal, oil and gas companies since 2016, upping the risk to the Canadian economy as the energy transition unfolds.
This dire forecast may be overly pessimistic. Unfortunately, it's consistent with the continuing history of market economics blocking most attempts at increasing social-economic planning.
