The B.C. government plans to subsidize Malaysian gas giant Petronas to the tune of $16 million, in part due to a promise to exclude a significant chunk of the greenhouse gas emissions from the Pacific Northwest LNG project from compliance penalties, DeSmog Canada has learned.
British Columbia’s politicians are in a special summer sitting at the legislature right now to debate Bill 30, the Liquefied Natural Gas Project Agreements Act, which will allow the government to enter into a $36 billion agreement with Petronas and pave the way for B.C.’s first major liquefied natural gas export plant, (Read more…)