Nine of 21 clean-energy projects submitted to BC Hydro in its last ‘call for power’ have been accepted, and all have First Nations partners. Eight of the nine will have 51% equity ownership. And Hydro adds: “This represents $2.5 billion to $3 billion of ownership by First Nations in new renewable-energy projects in the province.” …
Our newsletter: 05 December 2024 LNG critics’ hype misses marks Opponents of LNG development lost no time in urging the new BC government to squash the industry. But they ignored how world LNG demand is strong, and BC’s LNG is cleaner. And they ignored much more about the benefits. Instead of the usual environmental attack, …
Our newsletter: 21 November 2024 Emissions cap? ‘I’m pissed.’ And Alberta’s premier was not alone in, with those words, slamming Ottawa’s planned emissions cap on oil and gas. The Canadian Association of Petroleum Producers, for one, forecast “lower production, lower exports, fewer jobs, lower GDP, and less revenues to governments to fund critical infrastructure and …
Our thanks to Resource Works for compiling the facts and figures below: The BC government draws billions in revenues from British Columbia’s natural-resource industries. The province’s latest fiscal plan looks to earn $3.2 billion from natural resources in 2024-25, up from $3 billion in 2023-24. And it forecasts $3.4 billion in 2025-26 and $3.8 billion …
Our newsletter: 24 October 2024 Cool news from LNG Canada LNG Canada takes another step forward, unloading refrigerants (liquefied petroleum gas) from the ocean tanker Gaschem Atlantic.and introducing them to the Kitimat plant to begin initial cooling processes. It means that the local community may notice an increase in the size of burn-off flares of …
