Please read some of these reports before you say stuff like this. Of course they factor this in, of course it isn't true that you need fossil fuels to make fertilizer, of course the IPCC does not advocate eliminating fertilizer use.
Producing ammonia is one of the primary uses for hydrogen discussed in the reports. There are many companies doing this as we speak (Yara, CF Industries, BP). If it turns out to be too difficult to scale up or become cost effective, then fertilizer production will be one of the last sectors to use fossil fuels. That's ok, because there are so many other sectors that we can decarbonize right now.
I agree with you. But I caution -- shipping lng is not something that Canada does or will do. Canada's stated goal is to TRY to ship hydrogen. Dangerous as that is. Yes, fertilizer production becomes "one of the last sectors to use fossil fuels". I see no other path. Of course, THAT has to be transported. As does the food produced... That entire chain relies on fossil fuels. A simple bet -- I invest in NatGas and pipelines. The IPCC may not advocate fertilizer reduction... Canada does. No LNG to Europe (for now). Canadian farmers are told to cut fertilizer use by 50%... or else. Market and production controls will be put into place.
And, it is NOT CLEAR that the current perturbations are CO2 related: Snow in Miami on Jan 19, 1977 would be an interesting case (in my lifetime, anyway).
As to the IPCC reports AND the local media reaction -- the Toronto Star reports that Canada will have to CUT CO2 emissions in half.
Here are the numbers:
2T per year for each human:
840lbs to 6710lbs (resting to active) exhalation. Which means, not below 0.5T/year/human.
We are at 20T/year/human here in Canada -- but, of course, at 8953 trees/human, with each tree absorbing 48lbs of CO2/year, Canada absorbs 215T/year/human (carbon negative in Canada by 195T/year/human).
Cutting in half? 10T/year pure human, or 205T/year. But, we are on track to "100 by 100" that is, the Federal Govt here wants 100M people in Canada by 2100. With an additional 30M people (putting the immigration growth in line with the climate objectives), the budget for each human is... well under 5T/year. Not just 1/2, 1/4 (by the specified date) How is THAT to be accomplished? What is interesting (if you have been following the numbers here) is that EVEN at the target date, NO MATTER WHAT the Government does, Canada is still "Carbon Negative". Go figure. It isn't even a problem here.
Solar, I guess... Won't be wind here... Oh, we are too far North for Solar to be that effective. Burn trees , just like our ancestors. That goes over really well... My bet is NatGas. Maybe Nuclear.
You don't need to use hydrogen directly. Methanol is made catalytically from hydrogen, can be reformed back into hydrogen fairly easily, and makes a good fuel on its own. The main link in the chain the needs to be replaced is switching hydrogen production from a natural gas feedstock over to a water feedstock.
But yes, the Canadian government's immigration policies sound like madness and directly contradict a stated goal of sustainability.
I'm not going to argue with your investing strategy, if you want to make money investing in gas companies is probably a good idea in the short term. Personally I have priorities other than making money but I'm not going to try to change your life philosophy in an internet comment.
I will say that "it isn't a problem here" is nonsensical. Canada isn't on its own planet. It is a problem on Earth, and you are on Earth.
Producing ammonia is one of the primary uses for hydrogen discussed in the reports. There are many companies doing this as we speak (Yara, CF Industries, BP). If it turns out to be too difficult to scale up or become cost effective, then fertilizer production will be one of the last sectors to use fossil fuels. That's ok, because there are so many other sectors that we can decarbonize right now.