Clean Energy Coalition Applauds Bursting of LNG Bubble

For Immediate Release

Contact: 

Rory Cox, California Program Director, Pacific Environment. (510) 459-0933

Dan Serres, Columbia Riverkeeper, (503) 890-2441

Tom Ford, Executive Director, Santa Monica Baykeeper, (310) 738-6915

Jody McCaffree, Executive Director, Citizens Against LNG (Coos Bay), (541) 756-0759

Clean Energy Coalition

Clean Energy Coalition Applauds Bursting of LNG Bubble

SAN FRANCISCO - New energy projections from Federal and California agencies show the LNG speculative
bubble is over, according to a West Coast-wide coalition of organizations
opposing dependence on foreign Liquefied Natural Gas (LNG).

The coalition, Ratepayers for Affordable Clean Energy (RACE), is
responding to two new government reports.  According to the U.S. Energy Information
Administration, natural gas imports will decline rapidly from 16 percent today
to only 3 percent in 2030. The difference will be made up in increased domestic
natural gas production. According to a staff presentation from the California
Public Utilities and Energy Commissions, California's natural gas demand
will remain flat until 2030, while the one LNG import terminal serving
California, located in Mexico, will not receive "significant
deliveries."

"These projections make clear that the West Coast does not need
LNG," said Rory Cox, California
Program Director at Pacific Environment and coordinator for RACE. "LNG
was an inappropriate choice to begin with, and it remains so. We're ready
to put this debate behind us, and join the new Administration in building a
truly clean and sustainable energy future."

"What a difference a year makes," said Dan Serres, conservation director at Columbia
Riverkeeper.  "These new projections are a game changer. LNG is now off
the table as a wise investment choice. The current LNG proposals are now just moving
forward under nothing but their own momentum."

Since 2004, RACE has opposed LNG as it will increase California's contribution to greenhouse
gases, undercut development of clean energy, and endanger the health and safety
of West Coast communities. The coalition has maintained that despite the media
and investment hype, imported LNG has never been necessary on the West Coast of
North America. The coalition's conclusions were based on trends in the
domestic natural gas industry, on steadily declining natural gas consumption in
California since 2000, and on new laws and
initiatives in California
such as mandated energy efficiency programs, the renewable portfolio standard,
and the Global Warming Solutions Act (AB32). RACE has also pointed out that
natural gas demand in Baja and the Pacific Northwest is quite small, making it
clear that these regions were being used as "back doors" into California's
energy market.

The 2009 Annual Energy Outlook from the U.S. Department of Energy is
here: http://www.eia.doe.gov/oiaf/aeo/index.html

A copy of the presentation from the California Public Utilities and
Energy Commissions detailing new projections for natural gas usage in California are available
by request at rcox@pacificenvironment.org
or dserres@gmail.com.

More information about RACE: www.RaceForCleanEnergy.org  

 

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