Today, the BC Government announced another in a series of many energy plans and strategies. The 2012 Natural Gas Strategy actually puts energy front and centre for economic development in the Province. The policy released today however was big on ideas, but short on the details.
According to the Government, liquefied natural gas (LNG) is to be the key driver for the provincial economy for decades to come. The global demand for liquefied natural gas is strong and BC’s estimated natural gas reserves are substantial. Local First Nations have expressed support for LNG facilities and the pipelines that will bring the natural gas from the North. Nominating LNG as a pillar of the BC economy makes good sense. How the new energy plan is implemented is of course, critical.