This LNG Plant will cost some $36 Billion. Wonder how much of that money will actually be spent in BC.

Will they actually debate this issue or will it be a dog and pony show.?

Gotta keep the PETRONAS overlords happy.

@Palopu, there’s a reason why it’s always talked about as a $36B project and not how much will actually be spent in BC. Everything will be constructed in Malaysia or China or some other low worker/environmental safety regulation country and then barged on site where it’ll be put together.

It appears we will always be the cash cow for foreign nations.
Cheers

A big show, making pretend they care when in fact this is going through just like Site C did….
so a dog and pony show…BC Government seems to be very fluent in it…

Pass the gas.

We won’t see more than a sliver of what crusty has promised.. But the LNG companies and the natives will be rolling in the cash.

I believe the oil pipeline will be next and sooner than most think…

What’s wrong with you people? BC and northwestern Alberta have enormous resources of recoverable natural gas. Natural gas is a proven, considerably cleaner alternative to thermal coal. Asia is trying to reduce their dependence on thermal coal because you can’t see an eighth of a mile in downtown Beijing.

We have a product that they want and we’re willing to sell it to them. That deal requires up-front capital expenditures from the companies that seek to be in the LNG business. There has to be a price point where the deal makes sense to every stakeholder – the natural gas has no value when it’s a kilometre underground. It has considerable value when it’s brought to surface, transported by pipeline, liquefied and transported overseas.

Of course the entirety of the CAPEX isn’t going to BC, or even Canadian companies – the expect that would be stupid. A large chunk of it will, however, plus the lasting legacy of jobs for skilled BC residents.

The loopy left will scream ‘but how many jobs will the LNG industry really create?’ The answer is a LOT more than if the natural gas remains untouched, 1000 metres below the surface of the planet.

Vor this crowd believes money for their social programmes and infrastructure grows on trees, green trees.

VOR. We sell the gas to the LNG Companies. Where they sell it is their business. Usually to the highest bidder.

You cannot just assume that it will be sold to China, or Korea to replace coal. Certainly some will, but a lot of the gas is used to generate electricity, in many parts of the world.

We will be the suppliers of cheap gas to LNG Companies so that they can make huge profits. If we left it in the ground we could use it 1000 years from now.

There is nothing stopping us from building natural gas electricity producing plants in BC except a total lack of initiative by the BC Government and the Gas Companies.

Now why would our provincial government continue to put our long term economic prosperity in fossil fuels. We know the Harper Government has just agreed to making “deep cuts” to carbon based energy consumption and use, as has other G7 countries, by 2050.

Demand for all fossil fuels (coal, oil, natural gas) is going down as they are being gradually replaced by every country in the world, with alernative energy sources. Yet the BC Liberal Government continues to commit us to a fossil fuel industry that has, in Harper’s words; “no long term future”!!!

Unbelievable, as every year we commit ourselves to a sunset industry, the rest of the world increases investment into an alternative energy driven economy. Every year we stick to fossil fuel backed provincial and federal governments is one year farther behind Canada and BC will lag in the race towards alternative energy.

Oh… but that’s right, Conservatives find it difficult dealing with change…

www. cbc.ca/news/politics/prime-minister-stephen-harper-agrees-to-g7-decarbonization-by-2100-1.3104459

It’s unbelievable.

Have a well-heeled investment group sink $1 billion into a new mining project to provide employment and royalties for 40 years? Nope.

Have an enormously efficient and well capitalized pipeline company seeking to risk their money on a natural gas transmission pipeline with associated employment and royalties? Nope.

Have an opportunity to create 100% renewable hydroelectric power for more than 5 generations, relying only on gravity and rain? Nope.

Want more hospitals? Yep.

Want more lucrative contracts for teachers? Yep.

Want more money available for seniors’ care? Yep.

Want our highways 4-laned? Yep.

Unbelievable.

Unbelievable the stupidity that reigns on this site. 36 billion and we won’t see any of it? No jobs, no royalties, Jes((s H Chr9st you morons, this could be one of the biggest capital projects in Canadian history and you idiots whine and moan. What do you think will happen in north east BC? We are lucky enough to be sitting on one of the largest NG reserves on the planet. I’m gob smacked. retired, bcracer and the rest of you clowns, grab a friggin brain.

Palpou your better this this crowd of ignorant posting drones. Wake up on this file. You clearly have no idea of the scope of this and you should.

Anyone that calls themselves Sophic (clever, full of wisdom) Sage (a profoundly wise person) is an asshole as far as I’m concerned.

The point is that the recovery of the planet’s natural, physical resources and the modification of those resources into things that human beings rely on (plastics, fuel, fabrics, fertilizer, electronic components, tires, glass, asphalt, furniture, concrete, traffic lights, paint, refrigerators, steel, ships, buildings, air planes, cars, cell phones, computers, wires, dog collars, first aid kits, busses, bikes, kites, rubber duckies, etc., etc., etc. represents the real economy.

Wealth isn’t created by buying a house in Vancouver in 1987 for $200k and selling it for $2 million in 2015. And wealth isn’t created by simply asking the government to pay you more for the same job you were doing this time last year. Wealth is created by the addition of true value to a product that someone (or some other country) is willing to pay for. That’s what we do, and need to continue doing, in northern BC.

VOR, dow, and Seamutt; time to open your eyes to the future, because it most certainly is not fossil fuel energy based!!!

www. bloomberg.com/news/articles/2015-04-14/fossil-fuels-just-lost-the-race-against-renewables

Oh, and by the way; Bloomberg Business is most certainly NOT a lefty source of news!!!

Sophie’s Choice, with a Master’s Degree in the University of YouTube and a Ph.D. in Cut and Paste.

Hey, maybe cute cat videos are the next big thing to provide the energy requirements of an 8 billion person planet. They seem to be very important on the interweb.

So SS, how will my house in PG be heated for the next 20 years. Genuine question.

dow; elect a government that is not being backed by the fossil fuel industry and in 20 years time this is what your home will be powered by, at least 50% of the time, the other 50% will be natural gas.

www. teslamotors.com/en_CA/powerwall

Now a 50% cut in natural gas consumption in 20 years, is what most of us would call; “”deep cuts” to carbon based energy consumption and use, as has other G7 countries committed to, by 2050.”

There is no arguing the point here, alternative energy is where the rest of the world is going, and that is where Canada, Alberta and BC needs to go… or we will get left behind!!!

Sophilis, do you believe everything you read on the internet, without regard of its source or provenance?

Again, unbelievable, you superiorly clever and deep thinking poster.

VOR;

“Insults and name calling are the last resort of insecure people, with crumbling positions, trying to appear confident.”

Bring it on Sophie Tell me how YOU (the sophic sage from the comfort of your parents’ basement and out-dated X-box) are going to turn the planet’s current model of energy development, transmission, distribution and consumption into your ‘new way’ in the next 5 years.

Changes of this sort of magnitude take decades, and so they should, and so they will. Industry will embrace clean fission nuclear (that smarty-pants will oppose) as the cleanest form of energy conversion on this planet. When sophic is finally underground with the rest of us our grandchildren will have figured out how to keep a star in a bottle, with nuclear fusion, and our energy supplies will be essentially infinite.

In the meantime the ‘smartest people on this bog’, including sophic sage, will complain about every imaginable

source of progress, or intelligent approaches moving forward on this blog.

Soap box Sophie,
Step away from the podium, you have been outsmarted ………again.

VOR, thanks for the laugh about Sophic (clever, full of wisdom) Sage (a profoundly wise person)!

Glad to see that I wasn’t the only one to see how ridiculous it was to choose that handle! Just a teeny tiny bit narcissistic if I do say so myself.

Sophie likes to deal in “facts and truths”! A while back I eluded to the fact that it must truly suck for Sophic to come to the realization that she is no smarter than the rest of us on this site! Funny thing is, I didn’t get a response! Must not like the truth!

Speaking of green energy, I saw something that other day about how much more energy is consumed in the manufacturing of a wind turbine, far more than the energy it will ever be able to produce! Interesting!

Don’t be rude. Calling it a Dog & Pony Show is an insult to all dogs and ponies.

At best it’s the work of an evil clown. Not unlike the Pennywise in the Stephen King book “It”. Sucking the life out of us.

A legacy of jobs.. What does that even mean…?

Once the plants and pipelines are built..the how many long term jobs will there really be.. A small amount..

We humans are natural resource pigs.. We are killing our host the earth…

Lots of long term jobs in the plants. Not so much for a pipeline. I grew up near a gas plant in Alberta and employees had long careers of well paying jobs.
They also employed many summer students who earned enough to pay for university in the fall. I know because I never got one. Your Dad working there seemed to be a prerequisite. Mine didn’t.