B.C. environment and energy ministers just gave the green light to Ksi Lisims, a project capable of producing almost as much as LNG Canada’s first phase. Concerns remain about the environmental impacts of the project
The B.C. government has just approved the Ksi Lisims liquefied natural gas (LNG) export facility, which will produce up to 12 million tonnes of LNG annually by 2028.
Big banks across the world are substantially increasing their financing of the fossil fuel industry, including for the industry’s expansion during a time of intensifying climate crisis, all while pulling back from previously stated climate commitments.
Big tech companies continue to spend massive amounts of money building ever more powerful generative AI (artificial intelligence) systems and ever larger data centers to run them, all the while losing billions of dollars with no likely pathway to profitability. And while it remains to be seen how long the companies and their venture capital partners will keep the money taps open, popular dislike and distrust of big tech and its AI systems are rapidly growing.