So grandiose were Christy Clark and Rich Coleman`s promises as to the bounty British Columbia would reap from exporting liquid natural gas that as expected, as expected the big climbdown was coming, and today it arrived.....
Let me refresh you on just some of the ridiculous spin.....
Pamela Martin....."What would you do with a $trillion dollars from LNG"
Christy Clark, Rich Coleman and the BC Liberals, all off them..
"We have an opportunity for a $trillion dollars windfall.....We can pay off our provincial debt...We could remove our provincial sales tax.../..We will create a $ 100 billion dollar prosperity fund for future generations......Revenue sharing with First Nations....Monies for northern communities affected by an influx of LNG employees and infrastructure.....Crdebts paid off....Bridge tolls removed....Capital build monies for schools and hospitals..."
All these 2013 pre-election promises, all that largesse being paid for with LNG cash from Asia, from Japan and China.....Roads paved with gold and unicorns for every child in British Columbia....
Our spineless corrupt media, they helped sell it, they are still attempting to sell it, especially BC Liberal flagship T.V. station Global B.C. and BC Liberal booster club, also known as cknw radio..
Oh how they promoted Christy Clark`s snake oil elixir, a mere handful of alternative media outfits and a few dedicated bloggers shredded the BC Liberal`s LNG fantasy..
David Broadband and The Straight Goods tore the advertised LNG fiscal numbers and employment numbers from ear to ear....
In fact, a post last month I stated that very soon both the financial returns promised, the employment numbers proferred would soon see a giant climbdown from earlier claims, as in before the 2013 election earlier claims...
Let me remind you what Rich Coleman said about employment numbers if just 3 LNG plants were built....
Rich Coleman on February 22/2014 made this outrageous statement while giving a 30 minute speech on LNG..
Read it carefully..
And I quote..
I get a kick out of some of the other folks out there saying: 'You're behind schedule.' "No we're not. We're actually right on the time frame that I established."
One thing that works in the government's favour is the scale of the enterprise. The values are so vast that even delivering a fraction of the potential could count as a win.
Coleman said: "They say: 'They can't all go ahead.' "I say: 'OK. Let's have three.' That's $100 billion. That's 100,000 jobs."
It's that comfort level that's giving him the kicks, and the amusement. snip..
Here is a BC Liberal Government press release a mere 2 months ago....Look at all those promised jobs, look closely at those job projections
"61,700 jobs are required to support LNG operations including workers required to drill, produce, process and transport the natural gas required to feed the export facilities.
In additions to these jobs, there will be thousands of spin-off opportunities created and supported as a result of LNG"
And who could forget what BC Liberal Government Deputy minister Dave Bing said to a business crowd in Vancouver...
"BC will see a million job openings by 2020, most within the next three years..
There are 47 projects in the province on the books worth over half-a- billion each.
Dave Byng told a business audience on Friday that three quarters of the work associated with them are in northern BC and are associated with liquid natural gas.." snip
Dave Bing told a business crowd that BC could never fill all those LNG related jobs with domestic British Columbia workers, or even Canadian workers, Deputy minster David Bing reiterated to this invited business crowd that British Columbia Would definitely require temporary foreign workers...
I think Christy Clark and the BC Liberals have some serious explaining to do...
But before we get there....Here was The Straight Goods totally debunking both the promised revenue numbers and employment numbers advertised by these BC Liberal Government conmen/woman..
BC Liberal job number claims turn to dust
BC Liberal LNG promised revenue numbers thrashed and beaten to death here..
I wasn`t alone, David Broadband through FOI and stymied FOI requests also suggested that Christy Clark and the BC Liberals lied their faces off on promised jobs..
From David Broadband..at Focus Magazine
Did the BC government fake LNG numbers before last year's election?
By David Broadland, March 2014
"Emails between top-level BC civil servants show Premier Clark’s 100,000 LNG jobs were based on dubious assumptions thrown together at the last minute for her 2013 throne speech. Were those civil servants working for the public interest or Clark’s election campaign?........
Were the Prosperity Fund and the job claims part of an elaborate election ploy? It wouldn’t be the first time a government made an election promise it didn’t intend to keep. A more troubling possibility, though, is that Provincial public service employees and public funds were used to create that election ploy,......
. The initiative appears to have been overseen by Assistant Deputy Minister of Finance Doug Foster. Foster outsourced the work to three private firms and delivered the numbers for Clark’s speech only days before it was made. Foster appears to have been reporting to Neil Sweeney, Deputy Minister, Corporate Policy in the Premier’s Office........
And today, April 22nd/2014 the truth was revealed, forget those employment and job numbers advertised by Dave Bing, Rich Coleman, Christy Clark and all BC Liberals.....
As written by David Broadband and The Straight Goods, those advertised job numbers were utter bullshit...
And as for the revenue promises, debt eliminated($70 billion and counting)..plus a $100 billion dollar prosperity fund for future generations, crown debt paid, sales tax removed, tolls removed..
Forget the whole shebang....
Who are we to believe, those BC Liberal liars mentioned above or a spokesperson for CAPP..Canadian Association of Petroleum Producers....
What did CAPP say about BC`s LNG industry???...If it happens....28,000 jobs possible by 2035..
$116 billion added to BC`s GDP by 2035.....
GDP is not Government revenue, to get $100 billion dollars into a prosperity fund for future generations alone...!....Forget about all those other BC Liberal promises, just the prosperity fund LNG would have to add at least $1 trillion dollars to BC`s GDP by 2035...If what this CAPP editorial on cknw says is true our BC Government would be lucky to receive $7 billion dollars by 2035...
Well, let`s have President of Capp Dave Collier tell you himself...
"Hi, I`m Dave Collier the president of CAPP, Canadian Association of Petroleum Producers, Responsible natural gas production is fundamental to the prosperity of British Columbia, B.C. has extensive natural gas resources, enough to meet current demand for many generations, but our traditional markets are shrinking and we need to focus on Global markets where demand is strong and growing, especially in Asia, we could help meet Asia`s demand with this cleanest burning hydrocarbon provided we establish a liquefied natural gas industry on the West Coast that can compete with the global LNG market, the potential rewards are significant, employment in BC`s natural gas sector could grow from the 12,000 jobs today to about 40,000 by 2035, increased natural gas investment could contribute $116 billion to real GDP growth in B.C. between now and 2035, and Government revenue in the way of royalties and taxes are also significant, this is a tremendous opportunity for British Columbia and our industry, to realize it, industry, Government, First Nations and other stakeholders must work together with a sense of urgency to ensure we get this right, the opportunity is now, we should make the most of it"
(cue up April 22nd/ 5:00 pm...This editorial from the CAPP president Dave Collier took place at roughly ...5:20 PM...
Here it comes folks, cknw is so stupid, they don`t even realize what they aired on their station...CKNW thought it was useful, it wasn`t, it was a shot across the bow from CAPP directed at the BC Liberal Government..
First off, CAPP wants the LNG industry, meaning the plant propossls to NOT have to go through an environmental review, Mary Polak and the BC Liberals have NOT officially rescinded that hideous order in council that made LNG facilities exempt from environmental assesments..
Also, Dave Colliers`s code words
"provided we establish a liquefied natural gas industry on the West Coast that can compete with the global LNG market"
That is code for what Jack Mintz wrote, ..Mintz(who is the on the board of directors for Imperial oil)wrote that the province of B.C. has no legal authority to tax LNG twice, meaning the only tax regime that is acceptable to the LNG industry is the B.C. royalty scheme where the resource is taxed at the wellhead and the wellhead only..meaning it doesn`t matter WHAT any LNG plant sells the resource FOR in Asia or Japan, those export revenues are off limits according to CAPP and Jack Mintz..
Here is the complete story on the Jack Mintz thoughts on LNG taxation..
So....Here`s the deals....LNG operators want to be exempted from environmental reviews and assessments.....LNG plant owners refuse to be taxed on sales, on export sales, Jack Mintz and the LNG industry believe it is illegal to tax the resource(in this case natural gas) a second time...
Job numbers, straight from the horse`s mouth, the president of CAPP Dave Collier..
"employment in BC`s natural gas sector could grow from the 12,000 jobs today to about 40,000 by 2035"
28, 000 net new natural gas jobs, over 21 years...That my friends works out to roughly 1,300 jobs per year..!
I recommend you listen to the audio vault..
Hmmm...Christy Clark and Rich Coleman have some serious explain to do....
Who to believe on LNG job projections..an industry expert or Rich Coleman and Christy Clark?
I wonder if any of our big BC Media will even bother asking question..
We know Vaughn Palmer and Bill Good wont...And as for Keith Baldrey..He is neither a journalist or media, he`s a belligerent corrupt stooge with a bad hairpiece!
What was it that Christy Clark said during our 2013 election and beyond, and I quote..
"British Columbia can receive 5 to 6 times the North American price for our natural gas in Japan"
Now that`s funny!
One more thing, Kitimat city council officially rejected Enbridge`s northern gateway pipeline tonight...4 to 1..
Like the cat....Back in Black
The Straight Goods
Cheers Eyes Wide Open