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New energy strategy for BC; includes liquified natural gas

BURNABY (NEWS1130) – BC has a lot of natural gas Asian markets could use. But our premier has had to change the province’s energy strategy to make it work.

Christy Clark claims liquified natural gas is essential to create jobs and economic opportunities while using clean energy.  But it needs so much energy, the province can no longer be self-sufficient as defined by Gordon Campbell five years ago.

Instead of being enough in a drought year, now they just need enough for an average year.

So, what does that mean for your Hydro rates?

“What we want to do is we want to make sure that in the process of building this industry, because it’s going to require more energy, we don’t end up adding a burden to rate payers,” says Clark.

In other words: They’re looking into it.

Clark says they’ve already got the go ahead, “They will be building a pipeline from Summit Lake to Kitimat and that has all been permitted. It’s been through 20 months of permitting and environmental approvals.”

The province expects the project to produce about $20 billion in new private sector investment, 800 new long-term jobs and up to 9,000 more during construction.