Before more public money flows into LNG export terminals, LNG-fuelled vessels, or the bunkering infrastructure linking them, the committee, the federal institutions extending credit and guarantees, and the council itself should account for who, in the actual buying countries, will still be there to take the gas a decade from now.
As an Arctic country with heavy shipping interests, Indigenous reconciliation a priority, and with climate leadership ambitions, Canada’s voice matters a great deal on this issue.
Alarmingly, Canada’s largest Arctic bulk shipping carrier’s yearly report shows a nearly 60 per cent increase in heavy fuel oil use from 2022 to 2023. This is the opposite trend required to clean up Arctic shipping.
