Written by Grant G
A couple of months on Vancouver island, no internet, no cable, merely AM radio, .....What the hell is going on around here, !!!!!!!
Houston, we have a problem...,....Actually British Columbia has a problem, we have no media, fully complicit in accepting, regurgitating and passing on to a sheepish public pure bafflegab, that is no understatement, ....Where to start..
GHG emissions, .....1 LNG plant emitting green house gasses at the lowest level, at the level of the most efficient LNG plant in the world 1 LNG plant will emit the GHGs equivalent to the emissions of 3 million automobiles....5 medium LNG plants would emit greenhousegasses equivalent to 15 million automobiles, ......at that level these plants will pay no carbon tax, only if they pollute more than that of the level of the most efficient LNG plant(3 million tonnes per year) will they have to purchase carbon offsets and or pay into a industry innovation fund?????
Our BC enshrined in law GHG reduction targets require British Columbia to reduce greenhousegas emissions by 33% over 2007 levels by 2020....
5 LNG plants will triple British Columbia`s current GHG levels, .......Are you listening BC media, this corrupt BC Liberal government will continue to gouge BCers for carbon tax money(returned to the wealthy and corporations as tax cuts) while our provincial GHG levels triple....
Christy Clark, ......You blathering idiot, expecting the public to believe you, referencing reducing China`s emissions by claiming we`re reducing their coal use when at the same time we are selling them coal..
I have a question for you Christy Clark....Are you high on magic mushrooms? LSD?...
I have a question for the media.....What is your price, how much money does it require for you all to turn in to idiot sounding boards, echo chamber for stupid dumbass buffoons!...My gawd, why aren`t you laughing at the BC Liberals?..
Here this you effing media fools....1 LNG plant will add the emissions of 3 million automobiles, 3 million automobile emissions pouring in to Kitimat, in to Prince Rupert......oh indeed, don`t get me started with carbon offsets, our Great Bear rainforest .........If one could claim our Great Bear rainforest as a carbon offset(if)...The Great Bear Rainforest in it`s entirety per year is only 1.2 million tonnes of carbon capture...and no, the Great Bear Rainforest CAN`T be claimed as a carbon offset!...
Why aren`t you laughing at the BC Liberals, ?....Nobody is buying the bullshit, no one, not even the BC Liberal supporters..!
Honesty, a value lost, nowhere to be seen in British Columbia, if our BC Liberal government was honest they would just tell the truth, LNG plants will blow our B.C. emissions off the chart...cancel the carbon tax, cancel the carbon tax tax cuts, game over, no other argument applies, no bafflegab, no bullshit, no spin, just spit out the truth....
Will the public be forced to pay a carbon tax as BC`s emission double, triple....square pegs in a round hole and I can`t believe my ears, the media, Global, CTV, even the CBC sit there regurgitating this crappolla , you couldn`t sell this lie to a kindergarten child, no one is that stupid....yes BC mainstream media, you aren`t that stupid either, just bought and sold like cheap junk bonds, ...
Mike De Jong is lying, Rich Coleman is lying, Christy Clark is lying, ......
Mike De Jong claims that a 3.5 percent tax on profits on a medium LNG plant will bring British Columbia $800 million per year(after build costs are recouped) ...Wrong...The current world LNG export market is 170 billion dollars per year(that was when LNG was trading for $18 dollars per BTU in Japan, current price is 12$ per BTU), that is from all the world`s LNG plants......
Do the math people.... Mike De Jong is claiming British Columbia will collect $800 million per year at the 3.5% taxation level......???.....That means that a medium sized LNG plant must be making $23 billion dollars on LNG per year, that would be $23 billion dollars in pure profit....Let me remind you that the current LNG market for all the world is less than $170 billion dollars...Are you telling us that 1 medium BC LNG plant will take 17% of the world market?....5 medium British Columbia LNG plants are going to acquire 80% of the world LNG export market?????
The numbers don`t add up, not even close, 1 medium LNG plant over 30 years is going to achieve $700 billion dollars in profit ?......5 medium sized LNG plants making over $100 billion dollars in pure profit, pure year, Total sales would have to be in the $Trillions ? per year
HA HA, ......Hello Keith Baldrey, hello Vaughn Palmer, are you awake, alive, or are you both in a coma?
PETRONAS.....hmmm....The Malaysian government, the project PETRONAS is proposing is made up of equity partners...They are as follows.....The government of Brunei....Japex(Japanese government).....The Government of India...Sinopec(Chinese Government).....
These equity partners are taking(committed to taking) 70% of the gas, leaving only 30% of the gas being liquefied for sale, ..that 30% is in PETRONAS`s hands for potential sale to cash buyers...
Riddle me this media.....Why would Brunei, India, Japan, China, Malaysia pay $billions of dollars for an LNG plant only to pay market rate for the gas?, they can buy market rate gas from Australia, from Qatar, from Russia.....Equity partners do not invest $billions to pay ther same price as joe public...
And..
There is no guarantee that the time PETRONAS finishes building their plant that the equity partners will take all the gas...However, as it stands now only 30% of the natural gas PETRONAS liquefies is for sale and subject to taxation..hello Vaughn Palmer, ask some questions and perhaps even a follow-up question...Sheesh..
How many more leads do you media need....These LNG plants proposed are to be built on the coast, guess where the mainframes are to be built, fabricated, modularized, ....That`s right friends, 90% of the mainframe for the LNG plants are to be built in South Korea in modular form and barged to British Columbia... Why am I mentioning this?...Because we in Canada and British Columbia are going to be allowing $billions of dollars of LNG infrastructure built in South Korea to be written off against BC and Canada taxes????
You don`t have to believe me, believe British Gas....
("BG intends to build a facility on Ridley Island capable of producing 21 million tonnes of LNG a year. Called Prince Rupert LNG, it would be built overseas in modules and shipped to Prince Rupert for assembly.
Even so, the plant would create 3,500 jobs during construction,
250 permanent direct jobs and another 250 spinoff jobs.
BG says it is planning to build it in two phases, beginning in 2016.
The first phase — two seven-million-tonne-a-year processing units, or trains — is to be completed by 2021" )
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Do you need more, PETRONAS has a problem, a big problem, they want to dredge the Skeena river estuary....meaning the end of BC`s second most productive salmon river, ....PETRONAS wants a free pass from the federal environmental assessment, they have already received a free pass on our provincial environmental assessment....Remember?
Remember when Christy Clark announced that LNG plants wouldn`t require an environmental assessment, that is still in play...Christy Clark had to backtrack(verbally) as First Nations flipped out after hearing that...
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A group of B.C. officials has been kicked out of a First Nations forum on liquefied natural gas over the government’s decision to exempt most of the gas produced in the province from mandatory environmental assessment.
Chief Sharleen Gale of the Fort Nelson First Nation, organizer of the summit in the northeast corner of the province, asked the bureaucrats to leave and escorted them out.
“There was no consultation as far as changing that policy,” said Chief Terry Teegee of the Carrier Sekani Tribal Council, which represents eight First Nations communities in northern B.C. “We were blindsided.”
Cheryl Casimer, an executive of the First Nations Summit, called the revisions “another unacceptable example of government once again attempting to water down and minimize its consultation and accommodation obligations with our communities.”
Earlier this week, the Liberal government passed an order in council that means, as of April 28, natural gas plants that produce so-called “sweet gas” will no longer face an automatic environmental assessment. According to figures from the B.C. Oil and Gas Commission, that would account for about 99 per cent of the natural gas produced in the province.
Environment Minister Mary Polak said processing plants will still be subject to an approval process overseen by the commission. The revisions eliminate duplication, she said.
http://westcoastnativenews.com/b-c-government-officials-have-been-kicked-out-of-a-first-nations-forum-on-lng/
(Do you see the highlighted section above, a corrupted oil n gas commission has been given the power to yea and nay environmental approvals!!)
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PETRONAS wants to dredge the Skeena river, PETRONAS has been offered a free pass from the province on the environmental assessment, ...Just like the province green-lighted Tesako`s prosperity mine project, a project so environmentally destructive even the Federal Government rejected it, rejected it twice...
Where the hell is the media, ask some effing questions,.....These BC Liberals don`t need to be mollycoddled they need to be questioned, as in an inquisition!....
Bottom line on this LNG scam.... Greenhouse gas emissions from these LNG plants will double to triple BC`s entire provincial emission total, no mandated by law targets will ever be met, no carbon offsets large enough exist anywhere in the world....And as for the so-called industry innovation fund, call it what it is, industry filling industry`s own piggybank....News flash, there is no scientific way to reduce natural gas emissions, can`t be scrubbed, or buried, science, pure science.....
The money the BC Liberals are claiming we will receive from a 3.5% tax will never accrue, never, I dare any accountant to prove me wrong...And....It will take more than a decade for these companies to recoup their build costs, their double and triple over budget build costs, ..These would be the south Korean built modules, foreign built modules written off against Canadian taxes...
Christy Clark...Mike De Jong..Rich Coleman..Shirley Bond will be long gone before British Columbia realizes they have been duped...
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The Petronas EIS dated Feb. 2014 lists CO2 emissions at 5.28 million tonnes (MT) for an LNG annual output of 19.2 MT, which is a ratio of 0.275. Even if ratio is 0.22, as they are now claiming, that equals 4.22 MT CO2 per year.
Let's put this in perspective. If Burrard Thermal, which Christy liked to tout as a "major polluter", ran as a standby plant producing 900 MW 15% of the year, annual CO2 would be 0.6 MT.
If a $1.5 billion gas-fired power plant was built instead of $8 billion Site C, annual CO2 emissions to produce 5,100 GWh/yr would be 1.9 MT. Yet the gov't has outlawed such a plant under the Clean Energy Act due to its GHG emissions! Yet this same gov't had no issue modifying the Clean Energy Act to allow LNG terminals to burn all the gas they want. The hypocrisy is astounding
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Pony up the proof media...Prove me wrong....
The Straight Goods
Cheers Eyes Wide Open