British Columbia premier Christy Clark has visions of our province becoming an energy superpower in its own right thanks to massive reserves of shale natural gas, methane, in northern B.C. just waiting to be fracked.
The stuff's not worth much in Canada. North America has a glut of methane thanks to fracking in the U.S. Asia, however, is still paying top dollar for natural gas so Clark sees an opportunity to market LNG, highly-compressed, liquified natural gas to the far side of the Pacific.
Not so fast, say the folks at the University of Victoria Environmental Law Centre. They warn this could backfire on the people of British Columbia, big time.
“Vancouver Island homeowners who heat with natural gas could be looking
at quadruple the prices for natural gas. That’s what happened in
Australia,” said Sandborn, lead author of a submission that will go
today to the federal and B.C. environment ministers asking for an
economic and environmental assessment of proposed LNG developments in
B.C.
Taxpayers are at risk because industry subsidies may be needed to make
it competitive with the rush of new natural gas suppliers entering the
global market, Sandborn said. Moreover, if the industry collapses,
contaminated sites may be left to the taxpayers to clean up, he added.
“There’s going to be a glut coming on to the market because companies
are going around the world meeting with governments and then playing
them off against each other,” he said.
“A number of the largest energy companies in the world, including
Chevron, Shell, PetroChina, Petronas, Apache and British Gas, are
scrambling to join the race to export LNG, with new developments almost
weekly,” says the submission that will go to federal Environment
Minister Leona Aglukkaq and provincial Environment Minister Mary Polak.
“Unfortunately, each proposal is being developed and environmentally assessed in isolation from the others.”
That means no one is looking at the big picture even though there can
be only so many pipeline corridors, the Kitimat airshed can only take so
much pollution and there is only so much water to produce the natural
gas, the report says.
“Constructing a number of different pipeline corridors across the
province would put far more fish, grizzlies and caribou at risk than if a
single, common corridor was used. The building of such redundant
infrastructure could risk the future of the industry itself.”
The greatest pity is that British Columbia is saddled with a premier with the acumen of Ralph Klein after a night at the St. Louis Hotel and none of the wisdom of Peter Lougheed.
2 comments:
Clark's legacy could very well be the bankruptcy of British Columbia, pity she cant put a little more of that down home smile on some eco-tourism brochures or at the very least take a look at BC's real cash cow...bud.
Clark has the "something for nothing" mentality that infests all governments with imagined fossil fuel bounty. They see vast wealth beneath their feet, theirs for the plundering. The best part is that there are foreign companies lined up to do the heavy lifting.
As many observers have pointed out, Clark is all politics. She's in constant campaign mode and really isn't interested in the hard yet often very boring work of leading a province.
What will she do when she's forced to address the methane leak problem and the wellhead degradation issue? How will she respond when her government is outed as a major greenhouse gas emitter?
Of course, now that she's an Okanagan MLA from Kelowna where half the population is transplanted Albertans, selling this will be a snap.
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