New report on B.C. LNG warns about risk of stranded assets

News Snapshot:

A new report questions the cost of electrifying B.C.’s growing LNG industry as global export capacity rises and potential importers shake up their energy mix Since B.C. began its push more than 10 years ago to develop a liquefied natural gas industry, environmental groups and the BC Green Party have warned that the province could end up with stranded assets in a decarbonizing world weaning itself off of fossil fuels. That hasn’t deterred energy majors including Royal Dutch Shell from investing billions in B.C. to build new LNG export terminals. Now, as construction of Phase 1 of the LNG Canada...