In what has to be one of the most bizarre and misleading press releases I have ever seen, the B.C. government issued a report in reference to the province's Montney Formation, that claimed: "this potential [natural gas] supply can support development and LNG export operations for more than 150 years". Let's take a closer look at this 150 year number.
Dear Premier Clark: I applaud the fact that your government has been consistent in requiring five conditions to be met before you will support enhanced heavy oil tanker traffic off our coast. Consistency is important in providing certainty to the public, business and investors alike. It is for this reason that I am writing to you to seek some further clarification on the second and third of your five conditions.
The B.C. provincial government has been throwing around some big numbers and promises with the planned expansion of natural gas operations, but one large number missing in the discussion is the millions of tonnes of heat-trapping methane gas they are not reporting in official government documents. And, with the planned expansion of natural gas extraction and exports, B.C.'s climate targets are set to rise by as much as 25 per cent, or the equivalent of adding three million cars to our province's roads.
Natural gas, being sold as a huge job creator is actually an employment deadbeat. While natural gas contributes fully 3.2% of our total GDP, its work force is tiny, just 3,500 souls, or .15% of provincial employment. Electrical equipment manufacturers employ more people in B.C. than oil and gas. Natural gas is shipped east through pipelines, so there are no trucking or ports benefits. And most of the $6 billion in natural gas earnings don't stay in B.C., but take a direct flight across the Rockies to Calgary. Which might explain why some B.C. politicians organize fundraisers there.