Tag Archives: 1.75°C

What the Ksi Lisims LNG Deal Means for Canada, Germany, and Global Emissions

Germany is a leader in the global energy transition. It is also one of the few nations whose emissions are falling at a rate close to what Climate Action Tracker says is needed to limit the rise in average global temperatures to 1.7°C. Yet last week, Germany’s leading utility, Securing Energy for Europe (SEFE), signed an agreement to purchase one million tonnes of Canadian LNG per annum for up to 20 years. What does this mean for Canada, Germany and the world, in terms of emissions?  

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The Quadra Project – Planetary Solvency

Actuaries are the people who compile and analyze statistics and use them to calculate insurance risks and premiums. Their studies are finely honed, and because billions of dollars of profits and losses are determined by their conclusions, they are as objective and precise as any in our modern world.

Actuaries now have a sobering view of the world’s economic future if the urgency of global climate change is not addressed. The risk is that the global economy could face a 50% loss in GDP between 2070 and 2090 if immediate policy action is not taken on the climate crisis.

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