Agreed, most investors would do due diligence here and it's probably more for making it seem legit when the CIB, etc., shell out billions to back the project. But he's also selling investors on the idea that the Canadian govt is all-in on this project, making it more appealing for them

Data centres are a solution for the US oil and gas industry's "we're out of oil and we have too much gas" problem, especially now that the Iran shock is destroying the growth prospects of their other solution, LNG exports

It's hard to imagine that a German buyer would sign a long-term offtake agreement with KLLNG, and they may well not be able to reach agreeable terms. The Pacific-Atlantic arbitrage trade has only really made profitable sense (relative to shipping to Asia) during crises 4/

As SEFE puts it, this "agreement is contingent on the finalisation of a definitive Sales and Purchase Agreement between the two parties." This is, in other words, not yet an offtake agreement (distinct from KLLNG's earlier deals with Total and Shell). 3/

So the New York Times has, uh, a take on the whole RCP8.5 thing

I've wondered about this a lot. Is it actually that much worse now, or am I just that much more politically aware of what they're doing? The answer is probably some combination of both but hard to tell exactly to what degrees

the "sovereign wealth fund" is called the Canada Strong Fund lol. we are governed by right wing think tanks

am I reading it too generously to think it's a nod to the fossil fuel industry's use of the word "molecules"?

the people of Goldman Sachs, Brookfield, Blackstone, etc.

Industrial users—whether it's LNG, mining, or data centres—should be required to pay for their new generation capacity rather than shouldering the workers of BC with those costs. BC Hydro should be forcing them to do that through these kinds of programs as a first line 3/

Agree with all of this, but also, if we're launching a billion dollar campaign to reduce electricity consumption to free up power for new industrial users...the industrial users should pay for it. They should be buying everyone heat pumps, replacing windows, etc. This has potential to be win-win 1/

I know he called it a "sovereign wealth fund," and it's a little more dressed up—the money will go to his friends in finance who own fossil fuel companies and are investing in oil + gas infra, not to election deniers—but Mark Carney is basically doing the same thing.

Cuba has experienced doctors who have volunteered to fight ebola outbreaks before. They've sent doctors all over the world, for decades. Problem is, the criminal USA is threatening every country that accepts their medical missions, cutting off medical care and impt source of currency for Cuba.