Thread by @Eric_Doherty, #LNG prices just hit record lows, and may never recover. Existing LNG [...]

#LNG prices just hit record lows, and may never recover. Existing LNG plants shutting down. New plants being cancelled. Why is @jjhorgan risking spread of #COVIDbc to keep construction of dead #LNGCanada / #CoastalGasLink project twitching? #bcpoli #WetsuwetenStrong https://twitter.com/PlattsGas/status/1252802200683905024">https://twitter.com/PlattsGas...

https://twitter.com/PlattsGas/status/1252802200683905024

#LNG is now a financial disaster. Even existing LNG plants, in countries with CONVENTIONAL gas (not expensive #frackedgas like BC) are leaving existing plants idle. Economics of #LNGinBC have become a #fracking nightmare. https://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/042420-deal-to-restart-egypts-damietta-lng-plant-falls-through?">https://www.spglobal.com/platts/en... #bcpoli

"Even when economic conditions get back to normal, these [ #FossilFuel] companies will not be profitable" https://www.aa.com.tr/en/energy/renewable/stimulus-packages-need-to-go-green-for-better-recovery/29047">https://www.aa.com.tr/en/energy... #LNGinBC #bcpoli

Stimulus packages need to go green for better recovery

- Fossil fuel companies who lobby bailout from COVID-19 crisis could threaten fight against climate change, experts say - Anadolu Agency

https://www.aa.com.tr/en/energy/renewable/stimulus-packages-need-to-go-green-for-better-recovery/29047

"Analysts expect the renewable business to continue growing in 2020 and next year even as oil, gas and coal companies struggle financially or seek bankruptcy protection" https://www.nytimes.com/2020/04/07/business/energy-environment/coronavirus-oil-wind-solar-energy.html">https://www.nytimes.com/2020/04/0... #JustRecovery #LNGinBC #bcpoli #renewableenergy

Oil Companies Are Collapsing, but Wind and Solar Energy Keep Growing

The renewable-energy business is expected to keep growing, though more slowly, in contrast to fossil fuel companies, which have been hammered by low oil and gas prices.

https://www.nytimes.com/2020/04/07/business/energy-environment/coronavirus-oil-wind-solar-energy.html

"‘ #Gasmaggedon’ hits BC... most forecasts suggest low [ #LNG] prices for years... prospects must weigh heavily on" @jjhorgan - Andrew Nikiforuk in @TheTyee https://thetyee.ca/Analysis/2020/04/18/Code-Blue-for-Oil/">https://thetyee.ca/Analysis/... #LNGCanada #bcpoli #Shell #wetsuwetenstrong

For Oil and Its Dependents, It’s Code Blue | The Tyee

The great price collapse of 2020 will topple companies and transform states.

https://thetyee.ca/Analysis/2020/04/18/Code-Blue-for-Oil/

"Massive pullback in #oilandgas spending will ultimately help drive a recovery in crude and #LNG prices... but it also opens up a rare opportunity for #renewables to grab more market share" https://energy.economictimes.indiatimes.com/news/renewable/opinion-renewable-energy-wins-over-oil-and-gas-in-post-coronavirus-world-russell/75022639">https://energy.economictimes.indiatimes.com/news/rene... #bcpoli #JustRecovery

OPINION: Renewable energy wins over oil and gas in post-coronavirus world: Russell - ET EnergyWorld

Since the rapid spread of the coronavirus beyond its origin in China and the social and economic havoc it's wreaking across the globe, it may seem tha..

https://energy.economictimes.indiatimes.com/news/renewable/opinion-renewable-energy-wins-over-oil-and-gas-in-post-coronavirus-world-russell/75022639

Premiers of BC & Alberta disturbingly similar. Both dismiss rural economic diversification. Both deny importance of " #Renewableenergy... dropping in price... a healthy alternative amidst a #climateemergency" https://thetyee.ca/Analysis/2020/04/24/The-Emperor-Kenneys-New-Clothes/">https://thetyee.ca/Analysis/... #bcpoli #WetsuwetenStrong

The Emperor Kenney’s New Clothes | The Tyee

How the pandemic has exposed his contradictory claims and one, true priority.

https://thetyee.ca/Analysis/2020/04/24/The-Emperor-Kenneys-New-Clothes/

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