“Damp squib” LNG’s “Irrational exuberance:” Renewable energies produce energy cheaper and faster than natural gas (and don’t permanently remove massive volumes of water from the hydrogeological cycle), will create misery for Trump ‘n Carney’s Golden Goose: The unnatural liquefied gas market. Oil and gas company greed and enabling politicians ramping up LNG is creating a fat bubble (greedy tech idiots have done so too with stupid AI). Renewable energy’s advantages will make the pop worse. Get ready to lose a shitload, the rich will make us pay for their greed and stupidity, as usual. PS Much healthier and safer to stop baby making, than doing LNG and AI.

Thinking to get at once all the gold the goose could give, he killed it and opened it

only to find — nothing.

AESOP

In my view, companies and our politicos – Carney is the worst of the lot so far, pimp LNG to force the price of gas up and up and up, to make the rich richer, while freezing Canadians in the dark because we won’t be able to afford to heat our homes or use electricity. We know this, it already happened in Australia, FFS.

France: TotalEnergy dismantling LNG terminal, not needed; California: Natural gas use declines as solar rises. What’s Carney’s $billions in CCUS subsidies and pimping LNG and Alberta tarshit gonna do when the world rejects Canada’s polluting fraud of “decarbonization”?

US Shale and LNG need coffins (Canada’s too?): Frac’ers/LNG bite themselves in the ass “at the cost of enormous job loss.” Costs rising fast, inventories depleting faster; greed and stupidity creating huge global supply glut. Here we go again.

Down goes frac’d LNG! Good, it’s not natural, its toxic gas which poisons those of us living in frac fields. New study: Nearly *all* oil and gas wells (and illegally frac’d aquifers – Encana/Ovintiv greed of choice) are toxic leakers. Carcinogen “benzene reached unhealthy levels in 99.7 percent of cases.” Seth Shonkoff, PSE Healthy Energy: “Leaked gas is not just methane. It’s actually closer to a chemical soup.”

Frac’ers poisoning Albertans in Rockyview County. Photo by FrackingCanada

Desmog joining CAPE in Alberta Synergy propaganda? Thousands of studies have already shown the many harms caused by frac’ing and its pimp, leaky UnNaturalMethane (LNG). More study is not needed, criminalizing frac’ing and LNG is!

Must Watch by Oilfield Witness: Video of pollution from hole in the ground to LNG export/import and power plant. An astonishing amount of pollution. LNG is not clean or green.

Frac’ing Alberta’s air, photo by FrackingCanada

US Dept Energy releases LNG Export Study: Energy, Economic, and Environmental Assessment, concludes is not in the public interest (known for decades). Dr. Sandra Steingraber: “LNG is a climate disaster, a public health menace, and makes no economic sense.” Senator Ed Markey: “LNG exports are bad for communities’ health, climate, & energy prices—and could cost US households over $100/year.” Over 40 years ago, Vancouver Sun summed up the failure of LNG in a cartoon as assessed by Dome Petroleum.

***

Renewables turn LNG glut into a sinkhole by Anthony Currie, Reuters
December 26, 2025

This is a Reuters Breakingviews prediction for 2026.

MELBOURNE, Dec 26 (Reuters Breakingviews) – Solar, wind power and batteries are set to make life a misery for the liquefied natural gas market. Some fossil fuel executives already think the push by incumbents like Exxon Mobil, Shell and Woodside Energy to hike global production by some 50% by 2030, per the International Energy Agency, is creating a bubble. But renewable energy’s advantages will make the pop even worse.

On the surface, the LNG expansion might look rational. Europe’s share of imports of liquid methane has doubled to 30% since Russia’s 2022 invasion of Ukraine, per Capital Economics, and the rise of artificial intelligence has created a boom in power-hungry data centres. Meanwhile, President Donald Trump is trying to force purchases of more U.S. fossil gas into trade agreements with the EU, Vietnam and others. And the industry argues LNG is the transition fuel to wean the world off coal power – especially Asia, which already accounts for 65% of global LNG imports.There is nothing fucking transitional about LNG or frac’d gas, anywhere, used locally or exported/imported. It’s more harmful and polluting than coal, and permanently removes massive volumes of water from the hydrogeological cycle.

No UnnaturalLG! New peer reviewed paper shows LNG is worse polluter than coal.

Tragically, this post was in 2024, before Mark Carney conned Canadians into believing he’s a liberal and concerned about our gross greed and life-threatening pollution: Bravo! Canada not interested giving $Billion-profit-raping oil and gas companies $billions in corporate welfare subsidizing Liquid UnNatural Gas (“damp squib” LNG); Robert Howarth: Ending LNG needs to be global priority

TotalEnergies CEO Patrick Pouyanné, though, told the audience at the Gastech conference in Milan in September that the sector is “building too much”. Vivek Chandra, boss of Gulfstream LNG in Louisiana, summed up the otherwise upbeat mood at the confab as “irrational exuberance”.

That’s likely to be an understatement. Gas turbines have roughly tripled, opens new tab in price since 2021 to $2,400 per megawatt-hour, per U.S. utility NextEra Energy. With battery costs falling – by 40% in 2024 alone – all-in renewable generation and storage in 2030 could be up to 56% cheaper than gas, estimates Wood Mackenzie.

It’s already having an impact on the world’s biggest LNG importer, China, which is rapidly expanding its wind, solar and hydroelectric generation. By October, Beijing’s LNG imports had fallen 11 months in a row year-on-year, per data provider Kpler. The People’s Republic is also likely to increase purchases from Russia rather than from the U.S. and Qatar, which are responsible for most of the planned expansion of global supply.

Renewables have another factor in their favour: they’re quicker to install, with major projects taking around a year on average, compared to five years for a gas-fired power plant. And that’s assuming the equipment is readily available. But turbine makers GE Vernova, Siemens Energy and Mitsubishi Heavy Industries, which account for 90% of the market, have warned customers they face having to wait as long as eight years for delivery, to the Institute for Energy Economics and Financial Analysis. That effectively nixes any chance of new gas plants replacing coal-fired power stations in Asian countries from Vietnam to the Philippines.

Excess fuel supplies, a hardware backlog and a more competitive alternative bode ill for LNG market incumbents. A crash is looming.

Refer also to:

Bravo! Human intelligence emerges: Balcony plug-in solar could spread to millions of Americans. Think of where Canadians would be today if our gov’ts had installed solar on every home, school, hospital, business, etc., instead of subsidizing $billions to Alberta’s toxic stupid mostly foreign-owned tarsands, insane frac’ing and even more insane carbon capture for enhanced recovery.

The world loses with Smith & Carney’s MOU; it’s not to build a pipeline, it’s massive deregulation for LNG, frac’ers and tarshitters to divide and conquer Canada for giving us to Nazi USA, and turn greedy stupid white racist humans more hateful against Indigenous, and will increase rapes of women and kids. The MOU is massive theft of the public purse for Carbon Capture (which greatly increases pollution and CO2 emissions). Carney betrays life and abuses Indigenous to serve Americans, polluters, the rich, Trump and his Nazi Regime, and is going to make taxpayers pay for industry’s requirement to consult with Indigenous! Shantell Powell: “Fuck that guy. What a colonizing dick.”

AER, industry’s self regulator, caves to polluters and Alberta Environment, lets companies violate flaring regulations (it also let Encana/Ovintiv illegally frac community drinking water aquifers). AER doesn’t regulate! It deregulates and breaks the law to enable polluters while further abusing harmed Albertans.

Wake up! Alberta gov’ts, AER and fossil fuel companies have always planned not to clean up, to hang the toxic contamination and clean up on taxpayers. Even freeholders (mineral rights owners) are reportedly getting ripped by companies profiting off them. Time to quit saying you’re not opposed to industry; nothing changes as long as the harmed keep enabling their abusers by saying they’re not opposed!

Teresa’s Story: Alberta Farmer Speaks Out About Multi-Billion Dollar Well Cleanup Crisis. Poisoning Alberta, families, livestock, pets, wildlife, water, air, land, has always been AER’s and provincial and federal gov’ts’ plan. If not, something responsible would have been done decades ago.

New study: Air pollution, including wildfire smoke, NOx, ozone and particulate matter, associated with Rheumatoid Arthritis. Too many humans making too much pollution, notably rich white fuckers frac’ing us to death. Hold your breath in NEBC and Alberta!

Frac’ed by Occidental Petroleum in Erie Colorado. Too many Homo naziens is the problem; there would be no insane frac’ing if humans had centuries ago curbed their greed and ignorance for baby making. Religions make over breeding by humans much worse.

Liar Carney Cons! It’s impossible to reduce methane pollution if one does not criminalize frac’ing and LNG, which Carney is massively ramping up. PS WTF is “flexible” methane regulation and why does Alberta get excused?

Why is it taboo to say humanity’s “over population” is wiping out life on earth? Religion, ego (thinking we’re superior to all) and NGOs (controlled opposition) will never permit humans to reduce baby making and greed. More babies makes their careers, fills their pay checks, and makes the rich richer and provides more kids for them to rape.

Michael Bernstein, CEO of “Clean Prosperity” (as impossible as decarbonizing tarsands), praises super polluting, racist, Canada-dividing and betraying MOU between separatist Danielle Smith and con man Carney, which serves mostly Amerikkkan rich. “Respectfully,” you are wrong Mr. Bernstein, and Steven Guilbeault is correct.