LNG is the key tenet of the BC Liberals’ Election platform. Promise Made, Promise Kept.
The LNG Outlook
According to a study by London-based Carbon Tracker Initiative, given prevailing market conditions, Petronas’ PNW project will not be needed in the 2015 to 2035 period.It is interesting how little exposure and analysis the dim outlook for the BC LNG is getting in the local media. There seems to be much more critical analysis of this situation even back in Malaysia where the political stakes are presently extremely high.
Performing the Local
Lelu Island Re-post
If you take away the fish…
You take away the people.
Hereditary Chief Sm’oogyet Yahaan (Don Wesley Sr.)
Lax Kw’alaams
BC LNG Alliance Re-post
(LNG) offers the solutions that the Indian Act couldn’t provide… or Treaty… and I’m talking about jobs, revenue, training, land… It actually provides the opportunity for individual Band members to be independent.
Ellis Ross
Chief Counsellor
Haisla Nation
LNG Economy Challenged
- 100,000 jobs
- Debt-free B.C. (aka $100 billion Prosperity Fund)!
- Over 150 years of gas supply!
- Water impacts will be minimal
- LNG will reduce global greenhouse gas emission
It is argued that the above claims being made for LNG in British Columbia are false. The rebuttal is that the much-heralded Petronas deal is so poor that it would add only about $0.2 billion per year to the B.C. budget’s $46 billion in revenues and total provincial debt of $43 billion.
Govt Survives Budget Vote
Opponents of Prime Minister Najib Razak fail to bring down the Budget – ayes 128, nays 75.
Crude Oil Tanker Ban
As promised, Prime Minister Justin Trudeau has called for a moratorium on crude oil tanker traffic for B.C.’s North Coast. This has implications for the contested Northern Gateway and the First Nations endorsed Spirit Eagle Pipeline proposals. Short of extensive downstream investments in crude oil refineries, such a moratorium leaves LNG as the only viable energy export from this coast.
The Closing LNG Window
The Canadian Association of Petroleum Producers (CAPP) warn that Canada’s natural gas industry will shrink unless LNG export terminals are approved and built promptly. CAPP president and chief executive Tim McMillan warned “The window of opportunity for Canada’s LNG market will not stay open forever.”
No Status Indians
It is reported (and disputed) that there are some 350,000 Indians who are stateless in Malaysia due merely to technical reasons. They carry RED Identity Cards (IC) and are denied the programmes, services and rights that are due to all Malaysians – those who carry a BLUE IC.
The Koboi Project 
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