Credit Check

The document refutes the claim that Canada can obtain internationally transferred mitigation outcomes (ITMOs) under Article 6.2 of the Paris Agreement by exporting LNG. It asserts that such exports likely do not reduce global emissions and that foreign buyers would not provide credits for free. The brief further notes that using Article 6.2 for coal-to-LNG switching would be a costly subsidy for domestic gas producers and would violate commitments against subsidizing fossil fuels abroad.

• Canada cannot obtain climate credits for LNG exports under Article 6.2 of the Paris Agreement, as it is impossible to prove that foreign coal production decreased specifically because of Canadian LNG exports and foreign buyers would not provide credits for free.
• Utilizing Article 6.2 to facilitate coal-to-LNG switching would result in a costly support mechanism for Canadian gas producers and contradict commitments to avoid subsidizing fossil fuels internationally.
• Public financial support from the governments of Canada and British Columbia for LNG projects is projected to reach CAD 3.93 billion by 2030.

APA

Cosbey,, A. (2024). Credit Check. International Institute for Sustainable Development. https://www.iisd.org/publications/brief/credit-check-lng-exports-canada

Chicago

Cosbey,, Aaron. Credit Check. International Institute for Sustainable Development, 2024. https://www.iisd.org/publications/brief/credit-check-lng-exports-canada.

Wikipedia

{{cite report |last1=Cosbey, |first1=Aaron |title=Credit Check |publisher=International Institute for Sustainable Development |date=28 October 2024 |url=https://www.iisd.org/publications/brief/credit-check-lng-exports-canada |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{cosbey2024credit, author = {Cosbey,, Aaron}, title = {{Credit Check}}, institution = {International Institute for Sustainable Development}, year = {2024}, month = oct, url = {https://www.iisd.org/publications/brief/credit-check-lng-exports-canada}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }