Families and communities in northwest B.C. are already benefiting from Premier Christy Clark’s decisive action to secure a liquefied natural gas industry. During a tour of the new Port Edward Community school, Premier Clark saw a community thriving with hope and preparing for a future powered by natural gas.
Today’s BC Liberals want to grow the economy and create a Debt-Free B.C. A key part of this plan is taking advantage of once-in-a-generation opportunity to safely recover natural gas from the northeast, liquify it in the northwest and export it to Asian markets for five times the price. Over the next 30 years, this resource has the potential to generate $1 trillion in economic activity and generate $100 billion in government revenue to be dedicated to the BC Prosperity Fund.
Producing natural gas in the northeast and turning it into liquefied natural gas (LNG) in the northwest is creating a new industry in B.C. Here are some facts:
Pacific NorthWest LNG has announced its plan to build a $9 to 11 billion facility in the District of Port Edward which will create 3,500 construction jobs and 300 permanent jobs in a community with the population of 544.
“Natural gas isn’t just an opportunity to strengthen our economy, it’s an opportunity to strengthen our communities,” said Premier Clark. “Port Edward is being revitalized by the natural gas industry. But this is all at risk with the NDP. They will chase jobs to Alberta, while we are creating jobs in communities throughout B.C.”
The NDP have proposed a new tax on the natural gas industry which would drain $210 million in direct revenue from the industry over the next three years. They have not shown industry the clear positions that investors need. They oppose the development of clean-energy Site C, and are discussing a moratorium on hydraulic fracturing, even though B.C. is already a world leader in the responsible recovery of the resource.
Driving forward, Today’s BC Liberals will build on progress by:
Backgrounder: Northwestern BC LNG activity :
1. Port Edward
2. Prince Rupert
3. Kitimat
4. Grassy Point
Four new, major international LNG project proposals have come forward following an Expression of Interest (EOI) by the provincial government on Crown land at Grassy Point near Prince Rupert. Proponents who submitted an eligible EOI are:
[mappress] April 25, 2013; Source: bcliberals