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Editorial: More BC energy questions than answers – BiV

by ahnationtalk on June 2, 2015404 Views

June 2, 2015

The BC Liberal government’s answers to major power questions in the province are coming up short.

Revenue certainty for the province’s residents and government was Premier Christy Clark’s answer to questions over why her government is offering natural gas price volatility protection and a long-term royalty rate to the odds-on favourite to build a major liquefied natural gas export terminal in B.C.

But an economic reality check yields another answer.

The agreement, which would take effect if Petronas makes a final decision on its estimated $36 billion investment in the province’s north, is further evidence of how steeply the odds are stacked against B.C.’s global LNG industry aspirations.

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