New projects will build up Canada’s clean economy, but LNG exposure invites unnecessary risk - Clean Energy Canada

Rachel Doran, executive director of Clean Energy Canada, responded to the federal government’s announcement on national interest projects by highlighting a positive shift toward clean economy initiatives. Of the 11 projects designated, eight focus on clean economy sectors—five in critical minerals and three in clean energy and transmission—while only two involve fossil fuels. Doran emphasized that global energy employment growth is driven almost entirely by clean energy, with many countries adopting net-zero commitments, carbon pricing, and policies favoring electrification, such as domestic EV requirements and carbon border adjustments. However, Doran cautioned against the government’s support for new liquefied natural gas (LNG) production, citing the International Energy Agency’s (IEA) outlook that LNG supply is outpacing demand, which is expected to lead to falling prices and potential stranded assets by 2030. She warned that investing in LNG could burden Canadian taxpayers with subsidies for unprofitable projects, lost jobs, and unrealized revenues. Instead, Doran