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Still, producers want the federal government to include exported LNG as part of its climatechange strategy, including policies for preferential financing. By the 2030s, the costly new LNG export terminals will either become strandedassets or lock in emission growth that takes us in the wrong direction on climatechange.
“These investors have filed their shareholder resolutions with the finance sector in response to the growing climate crisis and the failure to limit global warming to 1.5°C In 2021, insured natural catastrophe losses reached around US$110 billion, according to Swiss Re, making it the third-costliest catastrophe year since 2011.
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