Pieridae Energy Ltd T.PEA

Alternate Symbol(s): PTOAF

Energy Oil & Gas Integrated

Pieridae Energy Limited is a Canadian energy company. The Company is an upstream producer and midstream custom processor of natural gas, natural gas liquids, condensate, and sulphur from the Canadian Foothills and adjacent areas in Alberta and in northeast British Columbia (BC). It owns and operates three sour gas processing complexes at Waterton, Caroline and Jumping Pound. Its footprint covers over a million gross acres (807,000 net acres) in the Foothills and makes up conventional gas reservoirs in North America. Across Alberta and British Columbia, its footprint stretches over one million gross acres of land, with ownership of three deep cut gas plants and more than 3,800 kilometers of pipelines. Its foothills include the southern foothills, central foothills and northern foothills. Its southern foothills have three main fields: Waterton, Carbondale, and Burmis. The Company also has a production facility in the Northern Foothills of Alberta and in Northern BC.

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Pieridae Energy Ltd > Huh? Globe and mail headline.

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Comment by Maxmoeon May 30, 2022 4:18pm

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Post# 34718060

RE:RE:Huh? Globe and mail headline.

Of course it's stupid. And hypocritical. And pompous. May as well assume the liquification compressors are powered by burning unicorn farts. I'm far too odious to even attempt to be cute.

commonsense9 wrote: In a way its not a dumb question, or maybe you just trying to be cute. But climate action goals only count within a country's borders. If we ship them LNG- them buring the gas is them and their GHG emission regulations. So whatever they do with it does not effect our GHG regulations.

What does count here is the tons of emissions burnt for the liquification compressors. So the government is saying they are fine with LNG exports if producing it is "Net Zero". Electrifying the compressors would do that. But since there is not that much power available for that, there would have to be a massive new renewables project for powering the compressors.

ieridae says it wants to get to Net Zero with massive carbon capture and storage. Which is no more realistic.

Maxmoe wrote: “Ottawa open to East Coast LNG plans, subject to meeting climate goals”. Is it me or is this just plain stupid political spew? So, it’s okay to export LNG as long as nobody burns it?