Skip to content
Back to Guavy Wire
Commodities

Woodfibre LNG Project Sparks Greenwashing Claims in Squamish

Instruments
Natural Gas
Share

The Woodfibre LNG project in Squamish, B.C., is preparing to export liquified natural gas (LNG) to Asia. The facility promises to be net-zero by 2027, a claim that has raised some eyebrows among environmentalists.

The project uses electric drive compressors instead of gas-powered ones, which the developers say will reduce greenhouse gas emissions. Squamish Nation led an environmental assessment process and is a regulator on the project.

'Environment was first and foremost to us,' said Ian Campbell, a hereditary chief of the Squamish Nation and negotiator of the agreement with Woodfibre LNG. 'We wanted to make sure the revitalization of Howe Sound was paramount.'

However, some environmentalists argue that this amounts to greenwashing, as they are still concerned about the overall impact of the project on the environment.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc