Good riddance to B.C. LNG
KAMLOOPS — There were lots of things wrong with former Premier Christy Clark’s plan to produce liquefied natural gas, but let me start with the good.
At least it was a plan that labour and business could agree to. It was a provincial strategy that had workers and industry pulling together in the same direction.
It was an ambitious plan, but unrealistic from the start. Markets for LNG were weak and no one wanted to develop the plants. Now one of the last players, Petronas, has pulled the plug.
I can only speculate why they bailed out only one week after the BC Liberals were defeated. Was there some deal with the Clark government to provide concessions such that the LNG plant would be built regardless of whether it was viable? It’s not inconceivable considering how much political capital Clark had invested in the project.