An uncertain future - Expanding B.C.’s nascent LNG industry would require big trade-offs for the province’s

The former plans to increase nuclear power to 35% of total generation and renewables to 31% from 10% in 2021 by 2036, diminishing the role of LNG in its power mix.42 Meanwhile, China’s 14th Five-Year Plan raises its renewables target to 33% of power consumption by 2025.43 Similar to the forecasts of global LNG trade, the outlook for global natural gas demand (some of which will be met with LNG) is. [...] C.’s planned LNG exports.37 Similar to forecasts at the global level, the trajectories indicate a wide range of outcomes and thus uncertainty for the role of natural gas in the region, with some of this demand to be met with LNG. [...] The downward revisions were driven by the rapid deployment of renewables that exceeded expectations and the global energy crisis in the wake of the Russian invasion of Ukraine.31 The chart also includes the average of current policy projections from other organizations, showing that the IEA’s estimates are largely in line with those from other analysts. [...] In 2022, both the governments of Canada and Impacts on labour supply Germany justified the buildout of new LNG terminals There is also a significant opportunity cost in allocating by pointing to the potential future use for the export of labour supply to the construction of LNG infrastructure. [...] Indeed, the IEA found that transition to a low-greenhouse gas energy system.85,86 there is no need for investment in new fossil fuel supply Using a 20 year timeline to assess the impacts of in a net-zero by 2050 pathway given the sharp decline methane emissions results in significantly higher in fossil fuel demand if the world is to achieve this 1 emissions in the LNG supply chain.11,65,87–89 A st.