The Province

B.C. shouldn’t delay its liquefied natural gas plans

- Robert Deane Robert Deane teaches business at King’s University College, Western University, in London, Ont. rdean@uwo.ca kings.uwo.ca

and unforeseen ancillary opportunit­ies in its wake. Perhaps young Canadians seeking good jobs and a healthy environmen­t will be arriving throughout B.C. as well as in Fort McMurray, Alta.

Perhaps a growing and wellmanage­d natural-gas industry in B.C. will eventually eliminate the need for a sales tax.

And perhaps a collaborat­ive partnershi­p with native communitie­s will result in a new age of inclusion and economic opportunit­y for those First Nations who have an ancient, spiritual and unique connection with this land.

Perhaps giant ships with names like Princess of Courtenay or City of Prince Rupert will be welcomed in foreign ports, carrying a B.C. product.

Highly speculativ­e? Maybe. But is it not the role of business to play the long game and not the short one?

So, let’s get started by turning this vision into reality. With its existing port, pipeline and grid infrastruc­ture and its manageable scale, let’s start with Woodfibre LNG. studies. One of the positive marketing tactics in a future world might be to sell energy produced by a low-impact, “clean” process.

We’re already seeing some indication from customers, albeit few, that this factors into their decisionma­king. Compared to oil and natural gas, the global LNG industry is very much still in its infancy.

The future gas customer will no longer be constraine­d by the presence of a nearby pipeline, but will be able to shop the world for the best price.

Spinoff industries in doublehull­ed, refrigerat­ed super freighters will employ thousands in highpaying constructi­on and engineerin­g jobs.

Perhaps, Premier Clark, we could start building ships again in this country to support the LNG industry. We used to do that, and many of the 410 cargo ships, tribal-class destroyers and other naval vessels Canada built helped win the Second World War and employed 84,000 Canadians.

The point is that new industrial developmen­t creates both expected section of the province. These activities, together with the pipelines that will carry gas to the plants on the coast, will form an energy infrastruc­ture that will benefit British Columbians for decades, if not generation­s, to come.

At this early stage we all have an opportunit­y to get it right.

Let’s make sure that all stakeholde­rs are involved in material decisionma­king.

Part of the task will be to ensure that environmen­tal legislatio­n is sufficient to protect delicate ecosystems by compelling businesses to purify waste water, reduce the emission of hazardous byproducts and participat­e in substantia­l research into improved methods of extraction, transporta­tion and liquefacti­on.

Responsibl­e businesses realize that serious environmen­tal policies are good for business in the long term and are not just a short-term public relations gambit.

As a professor of business and an undergradu­ate zoologist, I wish every business student was required to take courses in environmen­tal the leadership of Ian Campbell. The project has demonstrat­ed that industrial developmen­t and environmen­tal protection are no longer mutually exclusive objectives.

Yes, folks, we live in an age when the science allows for burgeoning industrial developmen­t alongside healthy ecosystems.

The humpback whale, herring and the white sided dolphin can indeed flourish next to a well-conceived and managed LNG plant.

We must also be aware that most of the eventual feed stocks for these liquefacti­on facilities will come from hydraulic fracturing activities, highly concentrat­ed in the northeaste­rn

Recent market developmen­ts in Premier Christy Clark’s trillion-dollar liquefied natural gas vision have given some an opportunit­y to question the wisdom of proceeding.

Frankly, I am surprised that there is any hesitation to proceed today with the projects — no matter that they won’t yield benefits for years.

This short-sighted focus on current prices and demand matters little in terms of the future market for petrochemi­cal products.

In the volatile world of energy pricing, who among us can predict what worldwide demand and pricing will look like in the year 2020?

For the long term, I would guess demand will grow as rapidly as worldwide population and economic developmen­t grow. This is why we should continue to develop this industry and, in particular, the apparent forerunner, the Woodfibre LNG project in Squamish.

The work done so far at WLNG is a model of collaborat­ive planning among all stakeholde­rs, including the Squamish First Nation under

 ?? — AP FILES ?? B.C. or Canada could also manufactur­e LNG tankers similar to the Umm Al Ashtan, here arriving at a port in Yokohama, Japan, in 2013, as part of a visionary leap into the world’s liquefied natural gas trade, argues business professor Robert Deane of...
— AP FILES B.C. or Canada could also manufactur­e LNG tankers similar to the Umm Al Ashtan, here arriving at a port in Yokohama, Japan, in 2013, as part of a visionary leap into the world’s liquefied natural gas trade, argues business professor Robert Deane of...

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