The BC Shell Game of Public Funds

In the 2013 BC Election, the Liberal party pledged the LNG industry would create $1 trillion in economic activity and a $100 billion prosperity fund. Tagline - "It's no fantasy"

Martyn Brown, Gordon Campbell’s former Chief of Staff, reckons Christy Clark and the BC Libs were 'patsies', repeatedly 'duped' by petro industry's sparkling promises of new investments, lots of jobs, and an endless supply of unicorn meat.

Sure, let's go with 'duped'.

"It is difficult to get a premier to understand something," as Upton Sinclair might have put it, "when her salary depends on her not understanding it."

BC In-Sights blogger and researcher extraordinaire Norm Farrell excerpts from Martyn Brown's Energy News Corp column on Clark's LNG fantasy and the gutting of BC's "2008 climate action plan":

"The Petronas precedent also gave those Asian state-oil monopolies a special 25-year indemnity that is underwritten by B.C. taxpayers.

That indemnity will save them harm from any so-called “discriminatory events.”

It assured the LNG industry that any companies covered under such project agreements would not have to face any industry-specific carbon taxes or any new industry-specific GHG reduction initiatives for at least 25 years.

If any future government changes those locked-in tax rates and benefits at a cost to those companies that is greater than $25 million in any year, or more than $50 million over five years, they will be entitled to full compensation, courtesy of B.C. taxpayers.

Similarly, any changes in government policy that impose new rules or tougher standards specific to the LNG industry, which entail higher costs relating to carbon taxes or to greenhouse gas emissions and reporting requirements, will be fully compensable above that threshold."

So what happens to that legislation now that a world glut of LNG and it's non-competitive BC market price has choked on Christy's unicorn meat? Can we repeal it?

Norm is on Canadian Glen's blogtalkradio show The View From Up Here tonight at 6pm PST to discuss the BC Hydro/Site C Dam con and the LNG debacle on The BC Shell Game of Public Funds. That's the question I'm sending in.

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A Last Stand for Lelu

The B.C. provincial government is trying to green light the construction of a massive LNG terminal on Lelu Island in the Skeena Estuary – Pacific Northwest LNG, backed by Malaysian energy giant Petronas  –  without the consent of the people who rejected a $1.15 billion dollar deal from Petronas to gain that consent.

The undersigned First Nation leaders and citizens of the Nine Allied Tribes of Lax Kw’alaams hereby declare that Lelu Island, and Flora and Agnew Banks are hereby protected for all time, as a refuge for wild salmon and marine resources, and are to be held in trust for all future generations.

Our ancestral knowledge, supported by modern science, confirms this area is critical to the future abundance of the wild salmon our communities rely on. It is our right and our responsibility as First Nations to protect and defend this place. It is our right to use this area without interference to harvest salmon and marine resources for our sustenance, and commercially in support of our livelihoods.

We hereby extend an invitation to all First Nations, the governments of Canada and British Columbia, and all communities that depend on the health of Lelu Island, Flora and Agnew Banks and the Skeena River estuary, to join us in defending this unique and precious place, and to protect it for all time.

Signed, on this day January 23, 2016, in Prince Rupert, British Columbia, Canada.

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