The Prime Minister, Justin Trudeau, and the Premier of British Columbia, John Horgan, today announced a new Memorandum of Understanding to affirm their joint commitment to power British Columbia’s natural gas production and liquefied natural gas (LNG) sectors with its clean electricity.
The natural gas industry also produces about 18 percent of the province’s greenhouse gas emissions.
According to the province, this use of clean power – a process referred to as electrification – helps avoid emissions and position Canada as a supplier of the world’s cleanest natural gas. They also claim it will help British Columbia achieve its climate change commitments and support projects that will create new jobs and opportunities in rural and Indigenous communities across the province.
- A new Canada-British Columbia Clean Power Planning Committee, which includes representatives from the provincial and federal governments and BC Hydro, will work to advance projects that increase power transmission and electrification across the province.
- The Committee will build on past work including the Regional Electricity Cooperation and Strategic Infrastructure Initiative, which found that opportunities to electrify the natural gas sector in British Columbia are among the most cost-effective in Western Canada.
- Last year, LNG Canada made a $40 billion investment – the largest private sector investment in the country’s history – to build a major LNG project in Kitimat, British Columbia. The project will create up to 10,000 jobs at the height of construction, lead to billions of dollars in direct government revenues, and include hundreds of millions of dollars in contracts for Indigenous businesses.
- In April 2019, the Government of Canada announced up to $83.6 million toward the Peace Region Electricity Supply project through the Investing in Canada infrastructure plan. BC Hydro will provide the remaining $205.4 million
- In December 2018, the Government of British Columbia released CleanBC, its new provincial economic development, energy, and climate strategy, which prioritized electrification of the natural gas sector as a way to meet its climate change commitments.
- In 2016, the Government of Canada worked with provinces and territories and engaged Indigenous peoples, to adopt Canada’s national climate plan, the Pan-Canadian Framework on Clean Growth and Climate Change. The plan contains over 50 specific measures to reduce carbon pollution, help Canadians adapt and become more resilient to the impacts of a changing climate, foster clean technology solutions, and create good jobs that contribute to a stronger economy.
- Investing in a clean economy presents an enormous economic opportunity. According to the Global Commission on the Economy and the Climate, the clean economy is expected to grow to $26 trillion and create 65 million jobs worldwide by 2030.
Source: Governments of BC and Canada