CPABC Industry Update Summer 2014 - Page 26

The LNG Opportunity in BC: Separating Rhetoric from Reality – Part II By Tom Syer, Denise Mullen, and Jock Finlayson Editor’s note: In the second part of a two-part feature published in the Business Council of British Columbia’s Environment and Energy Bulletin, the arguments suggesting that BC should put the brakes on LNG development are assessed. Part II (Volume 6, Issue 4, July 2014) focuses on concerns about climate change and other environmental effects linked to LNG. Here’s an abridged version of Part II, published with the authors’ permission. Environmental Consideration The environmental critiques of LNG in British Columbia centre largely around two clusters of issues: 1.  reenhouse gas emissions and the impacts of LNG G development on the province’s climate change policies and initiatives; and 2.  he upstream impacts of natural gas development, T most notably the use of water in the extraction process. Greenhouse Gases and LNG To ground the discussion, a useful starting place is to be clear about three facts: 1.  reenhouse gas emissions from fossil fuel use are G increasing globally and need to be managed to address climate change; page 26 | I N D U S T R Y U P D AT E