Australia is heads and shoulders ahead of North America when it comes to the export of liquified gas, which will be ready for export by mid 2015. In North America environmentalists have made the energy sector the villain and are naturally supported by the UN.
The Obama administration has constantly delayed the approval of the XL Keystone pipeline and is fully on climate change mode, rather than diversifying energy production. In Canada the energy sector is enemy number one, although it drives the economic engine. Attempts to diversify are met by objections of environmentalists, with Greenpeace at the forefront.
Yesterday the climate change alarmists once again used an IPCC report to continue with their attack on the energy sector. The UN International Panel for Climate Change (IPCC) said that the world must invest $17 Trillion and needs clean power plants and nuclear power stations to triple in the next 21 years. The expenditure is needed, says the report, just to meet electricity needs alone.
‘Clean’ power plants and nuclear stations need to triple their energy output to avoid a global warming doomsday. More than $17 trillion in investment in the next 21 years is needed to meet electricity demand alone, UN research has found.
Governments worldwide need to speed up renewable and nuclear energy developments to replace carbon emissions and cut down on greenhouse gasses, United Nations researchers said at the Intergovernmental Panel on Climate Change in Berlin on Sunday. Source RT
This provides a unique opportunity for North American energy producers to increase the export of liquified natural gas, but the stumbling blocks to provide plants and pipelines are in the way.
Common sense should never become so rare that it is mistaken for genius. If we want to see economic growth and diffuse the crisis in Ukraine, we need a reality check. The fumbling has to stop and we must adopt an energy policy that is not based on ideology, rather than facts. To this end an all of the above strategy is needed. After all energy is a formidable weapon, with which to intervene as a bargaining tool in international conflict.