Canada's Fossil Fuel Funding Faces Growing Legal Risks After ICJ Ruling - CleanTechnica

The article discusses Canada’s continued public financial support for fossil fuel projects, highlighting the recent announcement of a floating liquefied natural gas (LNG) export terminal near Kitimat called Cedar LNG. While the project is promoted as a clean energy innovation powered by renewable electricity and involving Indigenous economic development, its full lifecycle emissions are substantial—estimated at roughly 300 million tons of CO₂ equivalent over 25 years. Despite renewable energy powering the facility itself, most emissions arise from the extraction, processing, shipping, and combustion of the LNG abroad. Cedar LNG joins other heavily subsidized fossil fuel projects in British Columbia, such as an operational LNG facility in Kitimat that has received tens of millions in tax exemptions and infrastructure support, with total subsidies for such projects reaching billions of dollars. The article also highlights the broader context of Canada’s longstanding, bipartisan financial backing of fossil fuel infrastructure, exemplified by the Trans Mountain Expansion pipeline. Initially budgeted at $7 billion, the pipeline’s costs ballooned to $