The progressive side of Canada's fossil-fuel energy debate is pushing back against the prospect of relying on natural gas as a path to a carbon-free future.
High prices and a spike in demand, largely the result of Russia's war in Ukraine, are giving momentum to the idea that liquified natural gas could replace coal-fuelled power around the world.
Dusyk says renewables have the added advantage of not being global commodities subject to the whims of market forces. Japan, host of a global climate summit over the weekend, has come under criticism for a proposed strategy that depends heavily on LNG, ammonia and other fossil-fuel derivatives as a means of lowering emissions.
"We're at a very strange place right now," said Dusyk, noting that global condemnation of Russia — long an essential source of energy for Europe — has created a compelling but short-term spike in gas prices. The institute has projected that the European Union could be completely free of its dependence on Russian gas as early as 2025, far too early for Canada to solve its capacity challenges.
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