Pro-eco politicians fiddle as carbon-laced coal burns
Below is a cautionary tale told by the Canadian Energy Centre (CEC) of how indecisive politicians can get in the way of the very type of development they should be eager to embrace
Record prices and the need for energy security are driving “huge momentum” for US liquefied natural gas (LNG) and new investment could reach over US$100 billion before the end of the decade.
Meanwhile in Canada ... the Haisla Nation and its partner Pembina Pipeline Corporation are on hold, waiting to see if they can spend CDN$3 billion to go ahead with Cedar LNG.
The LNG development could "lift thousands of Indigenous people and our communities out of intergenerational poverty,” stated Karen Ogen, CEO of the First Nations LNG Alliance, a society of First Nations in support of responsible LNG development in BC.
BC’s Environmental Assessment Office completed its review of the Cedar LNG project application in November and referred it to the provincial and federal governments for a decision.
It was supposed to come within 45 days.
But that timeline has been extended.
With no deadline in sight.
The delay is "frustrating to say the least," Haisla Nation chief councillor Crystal Smith told CEC earlier this year.
World LNG demand is driven by growing Asian economies and the drive to reduce energy reliance on coal. The war in Ukraine has also forced European countries to find alternatives for Russian gas.
Read CEC's full story here.
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