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Launching a Loss
The report finds that by 2031, total federal and provincial support for the BC LNG sector will amount to CAD 3.93 billion. This support includes CAD 1.62 billion in federal public finance and CAD 2.16 billion in provincial support through foregone revenue, reduced electricity rates, and enabling infrastructure. The authors argue that these subsidies shift risk from the private sector to the public and undermine British Columbia's climate targets by failing to uphold the polluter pays principle.
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Document type: Report
Oil and Gas Expansion in the Colombian Amazon
The report argues that the economic and energy security justifications for expanding oil and gas activities in the Colombian Amazon are poorly substantiated. It recommends permanently shelving unassigned blocks, protecting biodiversity, and managing the decline of the fossil fuel industry in areas like Putumayo to align with Colombia's climate commitments and its USD 40 billion climate and nature investment plan.
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Document type: Report
LNG 2023: Last year’s energy shock still reverberates, as the world builds towards LNG oversupply
The briefing reports a global pipeline of 917 mtpa in new LNG export capacity and 705 mtpa in import capacity, representing an estimated US$1 trillion investment. It warns that a wave of new projects coming online by the middle of the decade, primarily in the United States and Qatar, could lead to market saturation and unprofitable stranded assets. The report highlights that while Asia and Europe are the primary developers of import capacity, demand in these regions is uncertain due to decarbonization goals and price sensitivity. It further notes that many projects are already facing delays or cancellations, and that the buildout in the U.S. may conflict with national interests by raising domestic gas prices and increasing emissions.
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Document type: Briefing
กับดักที่พึงระวังจากโครงการก๊าซในเอเชีย
The document assesses the proliferation of gas power plants, pipelines, and LNG terminals across East, South, and Southeast Asia. It contends that these investments, totaling $380 billion, risk becoming stranded assets as renewable energy costs plummet and climate targets necessitate a rapid shift away from fossil fuels. The report highlights the significant carbon budget impact of these projects and the continued role of public finance in supporting gas expansion despite net-zero pledges.
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Document type: Report
Asia’s Gas Lock-In
The report analyzes the planned expansion of gas infrastructure in Asia, including power plants, pipelines, and LNG terminals, totaling $379 billion. It argues that this expansion risks locking in high greenhouse gas emissions, potentially consuming a quarter of the global carbon budget for a 1.5°C limit. The document highlights that falling costs of renewable energy and high price volatility of LNG make these gas investments economically risky and likely to become stranded assets. It further criticizes the continued support of public financial institutions for gas projects and advocates for a transition to clean energy portfolios.
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Document type: Report
2021 Asia’s Gas Lock-In
The report analyzes plans for US$379 billion in new gas infrastructure across Asia, including 320 GW of power plants and 452 mtpa of LNG import capacity. It argues that this expansion would consume a quarter of the global carbon budget for a 1.5°C limit and warns that these assets may become economically unviable due to the falling cost of renewables and LNG price volatility. The author calls for a redirection of public finance away from gas to align with net-zero goals.
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Document type: Report
アジアのガス固定化 ガスインフラ拡大案は アジアと世界にとり 割に合わない投資
The report argues that the planned $379 billion investment in Asian gas infrastructure is an economically risky and environmentally damaging strategy that threatens the global goal of limiting warming to 1.5°C. It highlights that the scale of planned LNG import capacity in Asia could absorb more than the entire 2020 global LNG trade volume, potentially locking in high emissions for decades. The document contends that renewable energy portfolios, combined with storage and demand-side management, are now more cost-effective and reliable alternatives to gas, rendering new gas projects likely to become stranded assets. It further criticizes the continued role of public financial institutions in funding these projects, urging a shift toward net-zero aligned investments.
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Document type: Report
아시아 지역의 가스 개발 확대에 따른 락인 효과
The report analyzes the expansion of gas power plants, pipelines, and LNG terminals across East, South, and Southeast Asia, totaling $379 billion in planned investments. It argues that this expansion is incompatible with the 1.5°C climate goal, as the resulting emissions could consume 25% of the global carbon budget. The document highlights the economic risk of these projects becoming stranded assets due to the falling cost of renewable energy and the volatility of LNG prices. It concludes that clean energy portfolios, combining renewables with storage and demand management, are more cost-effective and secure alternatives to gas.
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Document type: Report
Lock-in ng Gas sa Asya
The report identifies a massive planned expansion of gas infrastructure in Asia, totaling US$379 billion, which includes 320 GW of power plants, 63,000 km of pipelines, and 452 mtpa of LNG import capacity. It argues that this expansion would consume approximately one-quarter of the global carbon budget required to limit warming to 1.5°C and warns that these projects are economically risky compared to cheaper renewable alternatives. The document highlights the role of public financing from institutions like the Export-Import Bank of China and the Asian Development Bank in sustaining this growth, while urging a shift toward clean energy portfolios.
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Document type: Report
There Is No Business as Usual: Decarbonizing Industry Must Start Now
The report asserts that 'business as usual' is an unsustainable strategy for industrial sectors, as over 40 percent of annual greenhouse gas emissions originate from energy-intensive industries. It warns that failure to reach net-zero emissions by 2050 threatens the global economy with supply chain disruptions and value destruction for major commodities. The author argues that achieving a 1.5°C pathway requires not only technological shifts—such as the adoption of hydrogen and carbon capture—but also a reduction in the demand for materials like steel, cement, and plastic. The text emphasizes that an orderly transition is preferable to disruptive 'black swan' events and notes a shifting balance of market power away from fossil fuel industries toward climate-aligned corporations.
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Document type: Report
Can Uganda’s Oil Endowment Support its Economic Development?
The document examines the potential for Uganda's oil wealth to drive economic growth, warning against the 'resource curse' and 'Dutch disease' that could undermine its agricultural sector. While noting progress in transparency legislation, it highlights critical gaps in revenue management and the need for stabilisation funds.
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Document type: Briefing