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Alberta Oil Magazine: Christy Clark Floats Tar Sands Revenue Sharing for BC

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Posted May 15, 2012 by Common Sense Canadian in Politics

Read this story from Alberta Oil Magazine on BC Premier Christy Clark’s idea that BC could share in resource revenues from Alberta Tar Sands to help compensate the province for risks associated with piping and shipping bitumen across BC and down its coast. (May 14, 2012)

British Columbia Premier Christy Clark is becoming a particularly uncomfortable thorn in Alberta’s side.

In a wide-ranging interview with Brian Hutchinson at the National Post, the B.C. Liberal Party leader suggests – without explicitly saying so – that her government will not lend its support to Enbridge Inc.’s $5.5-billion Northern Gateway pipeline without first seeing a commitment to oil sands royalty sharing.

“Because at the moment, what we know about it is, we’re moving an Alberta product through British Columbia, with no value added in our province, and we’re taking 100 per cent of the risk,” she said.

Clark is understandably reluctant to back the Pacific-bound oil sands pipeline. With a provincial election on the horizon, Hutchinson notes, polls show the B.C. Liberals trailing a resurgent New Democratic party. Adrian Dix, the NDP leader, is blunt about his party’s opposition to the Gateway scheme.

From an April 30 caucus letter submitted to the Gateway Joint Review Panel:

We believe that the NGP will cause significant adverse economic and environmental effects and is not in the public interest. Therefore the NGP should not be permitted to proceed.

Against this backdrop, Clark has wholeheartedly endorsed plans to liquefy and ship tanker-loads of super-cooled natural gas to many of the same markets targeted by Enbridge.

The B.C. premier is so enthusiastic about LNG that she is prepared to alter the western province’s climate-change policies to take credit for greenhouse-gas reductions in countries that import B.C. gas, Justine Hunter reports at the Globe and Mail.

Overlooked in her zeal for natural gas – a jobs plan calls for three LNG terminals to be built by 2020 – is the fact that a good deal of B.C. exports currently pass through Alberta (via the Alliance Pipeline) en route to the Chicago market.

Read more: http://www.albertaoilmagazine.com/2012/05/b-c-premier-floats-oil-sands-royalty-sharing/


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