Today the BC NDP introduced Bill 10, Income Tax Amendment Act, 2019. If enacted, this bill would repeal the LNG Income Tax Act as amended in April 2015, as well as the Liquefied Natural Gas Project Agreements Act. The bill also creates yet another tax credit for the natural gas sector.

So while the BC Government continues to claim it is taking steps to aggressively reduce greenhouse gas emissions, they are making plans to add the single biggest point source of such emissions in Canadian history. It’s time politicians level with British Columbians about the economic and environmental consequences of this historical betrayal of future generations.

Below I reproduce the press release that my colleagues and I released. We also voted against the introduction of the bill at first reading (vote also reproduced as well).

Media Release

LNG legislation antithetical to government’s commitment to CleanBC, innovative economic vision
For immediate release
March 25, 2019

VICTORIA, B.C.  With its introduction of LNG legislation today, government is now officially pulling the province in two different directions in its fight against climate change.

“Continuing to push for LNG development is short-sighted and works directly against CleanBC objectives,” said Dr. Andrew Weaver, leader of the B.C. Greens and lead author of four United Nations Intergovernmental Panel on Climate Change reports. “After years of criticizing the BC Liberals for their generous giveaway of our natural gas resources, the BC NDP have taken the giveaway to a whole new level. The legislation brought forward by this government is a generational sellout.

“We have only identified a pathway to take us only 75 percent of our 2030 emissions goals, yet we know that LNG Canada will emit an additional 3.45 megatonnes of greenhouse gases every year within our province alone, contributing massively to this gap. Government is demonstrating hypocrisy by supporting both LNG and CleanBC. They want to have their cake and eat it, too.

“We must adapt to the 21st century economy by investing in renewable energy infrastructure and transforming our province into a destination for innovative industries to thrive. Truly implementing CleanBC provides one such path for a carbon-neutral economy, one in which British Columbians are free from fossil fuels not just as an energy source, but in their jobs and everyday lives.

“The International Renewable Energy Association recently reported that there are over 10 million jobs in renewable energy.  At the 2016 United Nations Climate Change Conference, 48 countries have agree to make 100 percent of their energy production renewable by the year 2050. The rest of the world is moving into the future while this government is tethering us to the past.”

MLA Sonia Furstenau is the caucus spokesperson for the environment.

“Communities are already facing significant impacts from climate change,” said Furstenau. “Whether it’s wildfires, floods, drought, species’ extinction, or crop failures, BC’s communities are at the frontlines of this fight. Pursuing LNG is tying our communities to an industry that is contributing to these challenges, while failing to invest in a sustainable, low carbon future.”

“Just last week over a million students –  including a few thousand on the steps of the BC legislature – called for their governments to act on climate now,” added MLA Adam Olsen. “The legislation tabled today is the exact opposite of the action that our youth need from us. Climate change is happening now and we have a responsibility to take action.”

The BC Green caucus remains committed to implementing CleanBC’s vision sustainable economic vision.

“BC Green caucus will be voting against this legislation every step of the way,” Weaver said. “In minority governments, there are disagreements between partners. This is one of those. We will use our opportunities to speak to make our case to the 84 other legislators that LNG is the wrong path to pursue. BC Green caucus will not allow this legislation to deter it from continuing to contribute to this government in the historical, meaningful ways it has already on so many fronts: CleanBC, campaign finance reform, environmental assessment reform, professional reliance reform, funding for wild salmon, student debt and childcare relief.

“Unfortunately, with this legislation, we allow LNG Canada to make history for all the wrong reasons: it may be the single largest point source of carbon emissions in the country’s history,” said Weaver. “Is this what we really want our province to be known for?”

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Media contact

Macon McGinley, Press Secretary
+1 250-882-6187 |macon.mcginley@leg.bc.ca

In question period today I asked the Minister of Energy, Mines and Petroleum Resources how she could possibly justify her government’s rhetoric concerning the magnitude of LNG Canada’s potential investment in BC. What I find particularly ironic is that for the last four years the B.C. NDP criticized the B.C. Liberals for using over-the-top exaggerations and hyperbolic language when referring to LNG. I was extraordinarily disappointed in the Minister’s responses to my questions.

Below I reproduce the video and text of our exchange.

Video of Exchange

Question

A. Weaver: Two weeks ago the province issued a press release heralding a $40 billion investment by LNG Canada. However, the government’s release provided no clarity about whether this investment was for the full plant, the full buildout, or just phase 1, consisting of two trains. In contrast, LNG Canada’s release, on the same day, clarified that the final investment decision was only for two trains but made no claim whatsoever about the size of the investment that’s represented.

To the Minister of Energy, Mines and Petroleum Resources, can the minister please clarify, for the record, whether the investment that government was celebrating in its press release constituted two or four trains, and if it is only for two, whether a separate FID process would play out for additional trains at a later date?

Answer

Hon. M. Mungall: I was very proud to be in attendance at the announcement two weeks ago. I think this historic event of a $40 billion investment in British Columbia and Canada is actually a very non-partisan event.

I was happy to see members from the other side who were also there, because British Columbians — whether in my riding or in that of the member from Aldergrove–Fort Langley, the member for Parksville-Qualicum or the member for Peace River North — are all going to be able to benefit from this, because $23 billion of revenue is going to be coming back to British Columbia to fund child care, to fund education, to fund post-secondary education and to be able to fund our climate goals.

Now, I know members of the B.C. Liberal Party have mischaracterized our position for many, many years. That was to their benefit to do so. It was to their benefit to do so, but let’s put partisan politics aside, if they can.

Interjections.

Mr. Speaker: Members.

Hon. M. Mungall: I know that’s hard for them, but if they could, we could acknowledge that that $40 billion investment, that historic investment for this country, for this province, is an FID — to answer the member’s question — for the entire project. That project, like I said, is going to be beneficial to British Columbians — 10,000 jobs during the construction phase, 950 jobs in northern British Columbia. First Nations are benefiting; local communities are benefiting. That is good for B.C.

Supplementary Question

A. Weaver: Well, thank you, Minister. That was a very simple question, and I can take it, from that answer, that the minister actually doesn’t know, which is quite shocking.

I’d like to dig a little deeper into the $40 billion investment rhetoric. The federal environmental assessment application shows low and high estimates of $25 billion and $40 billion for the project. However, according to this application, these estimates are for both phases of the LNG project for Kitimat. That’s four trains, not two trains.

When we turn to the provincial government’s own environmental assessment report, we find that the investment for phase 1 — that’s the two trains — is projected to be $13 billion to $21 billion, or half the number that the government highlighted in its press release.

Furthermore, it gets worse. In the assessment report of the B.C. government, it points out that for phase 1 costs, only about 20 percent of that will actually be spent in B.C. That would bring the number down to $2½ billion to $4.1 billion, a far cry from the $40 billion touted in the media.

To the Minister of Energy, Mines and Petroleum Resources, how do we reconcile the headlines in the government’s own press release with the environmental assessment reports that underpin the project, given that the minister has, I think, sort of clarified that the $40 billion is for four trains as opposed to two? It has to be, based on her own documents. Finally, after years of listening to the B.C. NDP criticize the B.C. Liberals for using over-the-top exaggerations and hyperbolic language when referring to LNG, does the minister not see the hypocrisy unfolding before us?

Answer

Hon. M. Mungall: As I said, this was a historic day two weeks ago. People all over British Columbia were celebrating it, particularly people in the north. The mayor of Kitimat, who is ecstatic to see the potential of 950 permanent jobs in his community, was there. The chief councillor for the Haisla Nation, Crystal Smith, was there. She saw how important this is for her community, as does the member from Kitimat.

He knows very well how important this is. He has spent many, many years working on this project and knows exactly the benefits that are going to be going to his community as well as throughout British Columbia, particularly in the north. This government was proud to be there two weeks ago and to be working with LNG Canada to get that FID.

Today in the BC Legislature I rose during question period to ask the Minister of Environment how the BC NDP could possibly reconcile their years of criticism directed towards the BC Liberals concerning LNG in light of their cheer leading of the same today.

Below I reproduce the video and text of our exchange.

Video of Exchange

Question

A. Weaver: In 2016, the B.C. NDP concluded that plans for an $11.4 billion LNG terminal on Lelu Island would generate an unacceptable increase in the province’s greenhouse gas emissions. They filed a definitive position against the project with federal environmental authorities. The NDP noted in their letter to the Canadian Environmental Assessment Agency that the project would increase the province’s entire carbon footprint for industry, transport and residential activity combined by 8½ percent.

This is what they said in the letter:

“The proposal fails to meet the condition of air, land and water protection with respect to both the threat to marine habitat and species as well as to climate through unacceptably high and inadequately unregulated greenhouse gas emissions.“

Here’s the kicker: the unacceptably high emissions cited by the letter are, in fact, lower than the emissions anticipated from the LNG Canada project announced today.

To the Deputy Premier: how does the Deputy Premier reconcile her party’s sharp opposition to the Lelu terminal development with the present investment in LNG Canada?

Answer

Hon. G. Heyman: Thank you to the Leader of the Third Party for the question, because it gives us on this side of the House an opportunity to talk about our serious approach to climate, an approach that stands in stark contrast to that of the previous government. When I talk to British Columbians, they want to be assured….

Interjections.

Mr. Speaker: Members, we shall hear the response. Thank you.

Hon. G. Heyman: British Columbians want to be assured that as we develop our economy, we do it in a way that’s environmentally responsible, protects our air, land and water and has a path forward to meet clear climate targets that meet our and the Canadian government’s commitment to the Paris accord.

I will differ with the Leader of the Third Party a little bit. I will differ with him in that the announcement that was made today and the greenhouse gas emissions associated with this development, this final investment decision, are 3.4 megatonnes, far lower than that associated with the project that the member references.

But I will say that the member has been working with me, working with staff in the climate action secretariat, to design, review and to provide input into a clean growth strategy that we will release later this fall. It will outline a clear path to our legislated emission reduction targets. We are factoring in the emissions from this plant in that plan, and I look forward to continued work with the leader and his caucus.

Supplementary Question

A. Weaver: In 2015, the B.C. Liberals signed a development deal with Pacific Northwest LNG in an attempt to spur the Malaysian-led project to become Canada’s first major LNG exporter. The now Minister of Environment was sharply critical of this decision. He said:

“An economy that isn’t built on sound environmental protections that include a solid plan to control, limit and eventually eliminate greenhouse gas emissions isn’t in the economy’s interest….[or] in the interest of future generations“.

The Minister of Energy took this to another level. She said:

“They put themselves in such a desperate position” — they being the Liberals — “when it comes to negotiating for LNG that they had to say yes to any single thing that walked through the door. That’s exactly what they have done. This is the big sellout of British Columbia.“

— the words of the Minister of Energy, Mines and Petroleum Resources.

Now the NDP want to take that sellout to a whole new level through exempting LNG Canada from increases in the carbon tax, by eliminating the LNG Income Tax Act while they’re retaining the royalty giveaway, by deferring the PST, by exempting them from the steel tariffs and by burdening ratepayers with billions of dollars of debt to build Site C to sell LNG Canada power at half the price it costs to produce it. Talk about sellout.

To the Deputy Premier: how is the development of LNG Canada any different from the B.C. Liberals’ attempt to develop Pacific Northwest LNG? Do you not see the grand hypocrisy of what is unfolding before us today?

Answer

Hon. G. Heyman: There could not be a more different approach to the economy or climate than this government demonstrates every single day and will make absolutely clear this fall when we release a clean growth strategy for a diversified, modern economy that meets emission reduction targets — full stop.

With respect to LNG Canada, we are applying the same conditions that will apply to any industry in British Columbia. An industry that is world-leading in its emission reduction targets, to be reviewed periodically, can get up to 100 percent rebate of the incremental carbon tax — a carbon tax, by the way, that the former government had no intention of ever applying again.

We will work with the Third Party. We’ll work with the Leader of the Third Party and the leader’s caucus. We’ll work with industry….

Interjections.

Mr. Speaker: Members, we shall hear the response.

Hon. G. Heyman: We’ll work with British Columbians to ensure that we meet our targets and we diversify and create a modern, sustaining economy for all British Columbians, for First Nations, for every region of this province while we protect the environment and while we meet our climate commitments.

Today a positive final investment decision was reached on phase one of LNG Canada’s proposed LNG export facility in Kitimat. My office released the statement below in response to this announcement.

Media Release

Weaver statement on LNG Canada FID
For immediate release
October 1, 2018

VICTORIA, B.C. – Andrew Weaver, leader of the B.C. Green Party, responded to the news that the LNG Canada project has received a positive final investment decision (FID).

“I am deeply disappointed that the NDP minority government’s tax giveaway has resulted in the country’s single biggest source of emissions receiving an FID,” said Weaver.

“Adding such a massive new source of GhGs means that the rest of our economy will have to make even more sacrifices to meet our climate targets. A significant portion of the LNG Canada investment will be spent on a plant manufactured overseas, with steel sourced from other countries. B.C. taxpayers will subsidize its power by paying rates twice as high and taking on the enormous public debt required to build Site C. There may be as little as 100 permanent jobs at LNG Canada. I believe we can create far more jobs in other industries that won’t drastically increase our emissions.

“In opposition, the NDP were outspoken critics of the Liberal’s LNG regime, then rightly noting that it did not amount to a fair value for our resource and that the emissions were too high. Our Caucus was shocked when they turned around and delivered an even larger giveaway once in power. We did everything we could to deter them from making this decision, but we are only three MLAs up against the 84 whose parties support the heavy subsidization of this industry.

“It breaks my heart that the young people of today must watch as politicians who once professed to champion climate action and a hopeful vision for the future instead succumb to the temptation of short-sighted political wins. Young people deserve better and our Party will keep fighting for them.

“Our Caucus has been clear that we do not support the government’s LNG regime. The government does not have our votes to implement this regime and will have to work with the B.C. Liberal MLAs if they want this project to go forward.

“Despite our profound disappointment on this issue, we have been working closely in good faith with the government to develop a Clean Growth Strategy to aggressively reduce emissions and electrify our economy. The B.C. NDP campaigned to implement a plan to meet our targets and reaffirmed that promise in our Confidence and Supply Agreement. We will hold them to account on this. We will have more to say once that plan becomes public later this year.”

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Media contact
Jillian Oliver, Press Secretary
+1 778-650-0597 | jillian.oliver@leg.bc.ca<mailto:jillian.oliver@leg.bc.ca>

Today I was afforded the distinct honour of giving a keynote presentation at Clean Energy BC’s Global Electrification Summit. I took the opportunity to take the audience on a journey from the past to the future — from where we were when Gordon Campbell was BC’s Premier, to where we went when Christy Clark was BC’s Premier, to where we are in this minority government guided by our Confidence and Supply Agreement, to where we can go, when we focus on our potential in the Clean Energy sector.

Below I reproduce the text of my speech.

Text of Speech

Introduction

Thank you. It’s a distinct honour for me to be here and I am grateful for the opportunity to speak at Clean Energy BC’s Global Electrification Summit.

I entered politics via an unusual route. Prior to my election as the MLA for Oak Bay – Gordon Head (and subsequently becoming leader of the B.C. Green Party), I was Lansdowne Professor and Canada Research Chair in Climate Modelling and analysis at the University of Victoria.

With a PhD in applied mathematics I’d spent 25 years working in the field of atmosphere/ocean/climate science.

I decided to seek election with the BC Green Party in 2012 as I could no longer stand by and watch the dismantling of British Columbia’s climate policies and leadership in clean energy innovation.

Over these past 25 years Clean Energy B.C. has been the voice of British Columbia’s Clean Energy sector and I am sincerely grateful for your contributions to our province.

The BC Green Party and I share your goal to support the growth of British Columbia’s clean energy sector and we will continue to do what we can to improve the regulatory and economic environments for clean energy production through our work in the B.C. legislature.

Clean Energy B.C.’s vision statement is to have British Columbia, Western Canada and the Western US all having access to clean, reliable, cost effective energy produced by the private sector.

It’s to see British Columbia leading the world in modelling a sustainable way of life.

That too is my vision for British Columbia, and the subject on which I would like to speak to you today.
Over the next 20 minutes I’d like to take you on a journey from the past to the future.

From where we were when Gordon Campbell was BC’s Premier,

to where we went when Christy Clark was BC’s Premier,

to where we are in this minority government guided by our Confidence and Supply Agreement,

to where we can go, when we focus on our potential in the Clean Energy sector.

Where we were, with Campbell

Last month I rose in the legislature to speak to Bill 34, the Greenhouse Gas Reduction Targets Amendment Act. The Act made a number of amendments to the original Greenhouse Gas Reduction Targets Act, which first became law on November 29, 2007.
Speaking to that bill brought me back to a very important time in my life. 2007 was the year in which the IPCC — the Intergovernmental Panel on Climate Change — released its Fourth Assessment Report.

It was the fourth consecutive report for which I served as a Leader Author in Working Group I’s volume on future projections of climate change.

It was also the year the B.C. government, under the leadership of Premier Gordon Campbell, decided that acting on climate change was an opportunity that B.C. could not afford to miss out on.

Mr. Campbell recognized that the first piece of legislation needed prior to taking steps to mitigate greenhouse gases was to set a clear target for where we were heading. In doing so, he sent a signal to the market that B.C. was going to be a leader in the new economy.

He set the stage for the emergence of a clean tech sector, a renewable energy sector and created a climate that saw companies starting to invest in reducing their greenhouse gas emissions.

I had the honour of participating as a member of BC’s first Climate Action Team. We were tasked with coming up with interim targets for 2012 and 2016.

We recommended that government should seek to reduce emissions by 6 percent, relative to 2007, by 2012. And for 2016, we recommended an 18 percent reduction.

I sat in the legislative gallery as the Greenhouse Gas Reduction Targets Act was introduced in 2007 and listened to Minister Penner speak to its purpose. I felt proud to be a British Columbian that day and told my climate science colleagues around the world to look at the example our jurisdiction was setting for the world.

In 2008, Mr. Campbell’s government developed and entrenched in law the Climate Action Plan. The Plan was, at the time, the most progressive plan to address greenhouse gas emissions in North America, largely due to its revenue-neutral carbon tax.

Government was on track. In fact, we made the 2012 target, thanks, in part, to the policy measures put in place.

Nevertheless, at the time we knew, and government knew, through their wedge analyses, that proposed policies alone were not going to take us to the 33% reductions by 2020 — let alone an 80% reduction by 2050.

More needed to be done.

But we were well positioned to meet the challenge because BC had emerged as a leader internationally in both dealing with the challenge and recognizing the economic opportunity associated with greenhouse gas mitigation.

Where we went, with Clark

But all of our successes started to be overturned when British Columbia’s provincial leadership changed.

In every year since the 2011 change of leadership, emissions have gone up.

Why? Because of the signal government sent to the market that our emissions reductions targets no longer mattered — that economic prosperity would be found in industries from the last century, and that they would help take us back there.

The BC Liberals under Christy Clark stifled clean innovation and introduced policies that further entrenched “dig-it and ship-it” oil and gas development.

And when the market no longer supported these activities, they doubled done by creating more and more subsidies in a desperate attempt to squeeze water from a stone.

The first crack in our wall of climate policies started in July of 2012 when then Premier Christy Clark excluded LNG from the Clean Energy Act. From there, the dismantling of policies became far more aggressive.

I became so frustrated with the direction Ms. Clark’s government was taking B.C., that I ran for office and was elected in 2013.

I felt it was my job to ensure that there was a voice, and a party, that was going to stand up to the government on this issue and try to get government to once again commit to the climate leadership.

Unfortunately, the generational sellout continued, culminating in 2014 with the Greenhouse Gas Industrial Reporting and Control Act, where the Legislature repealed the Greenhouse Gas Reduction (Cap and Trade) Act from 2008.

All of this was done with the promise that LNG would make British Columbians rich and give the B.C. government a significant new revenue stream. This just hasn’t materialized.

Indeed, despite government doing everything in their power to position B.C. with a booming oil and gas economy, we have seen massively decreasing revenues to B.C. from increasing gas extraction.

What the data shows is quite shocking – while gas production has gone from 25 billion cubic metres in 2001 to over 50 billion cubic meters in 2016/17, royalty and land lease revenues to the B.C. government have gone in the opposite direction, from a record $2.4 billion in 2008/09 down to only $139 million in 2015.

Not only are we not getting paid for this public resource, we are literally paying companies to take it from us.

In 2009, B.C. collected $1.3 billion in natural gas royalties.
Last year, we collected a mere $152 million. Measured as a share of the value of oil and gas production in B.C., royalties collected by government has fallen from 44 percent in 2008 to just 4 percent last year.

In 2009, B.C. earned $39.90 in royalties for every 1000 cubic metres of natural gas. In 2017 it was $2.95.

This is a dismal return on the resources that are being extracted from our province.

We are literally giving away more gas for less money while barrelling past our climate commitments. That’s race for the bottom economics at its worst.

While we became sidetracked with developing an LNG industry and expanding our oil and gas production, other jurisdictions began to emerge and surpass B.C. as climate action trailblazers.

In 2016 leaders around the world signed the Paris accord, which committed signatories to reduce emissions and keep global warming to below 2 degrees relative to pre-industrial levels.

This agreement laid out, in the starkest terms, the choice facing the global community.

We’ve already warmed by 1.1 degrees with another 0.6 degrees in the cards if we do no more than maintain atmospheric greenhouse gas levels at present values.

Add to this, another 0.2 degrees or so from the permafrost carbon feedback and we have a commitment to about 1.9° warming already in store.

The Paris accord essentially translates to this: effective immediately, we must turn the corner and stop investing in new fossil fuel infrastructure that will continue to be around for decades to come.

That’s because of socioeconomic inertia. We don’t build an LNG facility in Kitimat, for example, today to tear it down tomorrow. We build it to last 40 to 50 years. We build it to last past our 2050 greenhouse gas reduction targets.

The scientific community is clear, the international community is clear, much of the business community is clear: we need to make the right choice of investments today because they will affect tomorrow.

Which brings us to where we are now, with our confidence and supply agreement in the present minority government.

Where we are now, with CASA

CASA – the confidence and supply agreement – underpins B.C.’s minority government. It is an agreement to work in good faith, with no surprises, with the B.C. NDP.

CASA has provided the B.C. Green caucus with an opportunity to champion key aspects of our economic platform, and the ability to work closely with government on priority issues like climate policy.

From our perspective, these two files are largely one in the same.

For example, we included two key pieces from our 21st century economy platform in the CASA agreement to help us seize economic opportunities in the emerging economy.

The first piece is the Emerging Economy Task Force.

We proposed the Emerging Economy Task Force to enable government to adapt and respond to changes on the horizon.

We need to modernize government so that it is considerably more responsive to technological innovation.

The Emerging Economy Task Force is looking to the future, identifying emerging trends & advising government on how to maintain our competitiveness & achieve prosperity amidst these changes.

The second item from our platform integrated into CASA is the Innovation Commission (now Innovate B.C.) as well as the appointment of an Innovation Commissioner.

The innovation commissioner serves as an advocate and ambassador for the B.C. technology sector in Ottawa and abroad, to enable B.C. companies to more easily tap into existing federal programs and build key strategic relationships internationally.

I’m confident that both of these initiatives will bolster and grow key sectors of our economy.

Since government was sworn in last July, I have had regular meetings with the Environment, Minister George Heyman, to discuss BC’s climate plan.
Over the past few months, our senior staff has been meeting weekly to further these goals.

I know the Minister cares deeply about this issue and I’m impressed by the expertise of the public service supporting his ministry.

It has been a pleasure to be working with them and I’m optimistic about what we can accomplish collectively.

The B.C. Green Caucus and government both agree that a meaningful climate plan will require careful planning, innovative ideas, and a new economic vision for how B.C. will prosper in a changing and challenging world.

We agree the principles of the UN Declaration on the Rights of Indigenous Peoples need to be front and centre as we chart a course forward.

Rights, title, lands, territories, culture, traditional knowledge and identities must be protected by, and included in, B.C.’s clean growth strategy.
We want to create a strategy that will treat reducing greenhouse gas emissions as an economic priority and a key driver of our plan to create sustainable jobs and log-term prosperity.

We know responding to the challenge of climate change is both an intergenerational opportunity and responsibility.

I am working directly with the BC NDP to ensure a climate plan is put together that doesn’t simply show a plausible pathway to meeting our targets – but drives a return to the vision of a clean 21st century economy.

We have one of the best public services in the world and for a long time they have had the policies ready to get us there.

What has been missing is political leadership. This minority government must – and will – show that leadership.

I’m hopeful, but still wary of our starting point and the strength of the status quo.

In preparation for this speech, I reread parts of The Weather Makers by Tim Flannery – one of the books said to have inspired Mr. Campbell’s climate action ambitions.

In it Flannery writes; “Climate change is difficult for people to evaluate dispassionately because it entails deep political and industrial implications, and because it arises from the core processes of our civilization’s success.”

I think that speaks to the crossroads many governments face today.

Despite the new opportunities we’re presented with in B.C., some fractions of the B.C. government are continuing to entertain the dream of exporting LNG and are continuing the natural gas giveaway started by the previous administration.

Acknowledging that we need to transform our energy systems, with a plan for our environment, our economy and our communities – and that a climate action strategy is also an exciting economic strategy – is a big step. But it is not enough.

And that is where you come in: Where we can go, working in partnership with the Clean Energy sector.

Where we can go, with Clean Energy

If we are to meet our legislated targets – we will be doing so with clean energy — likely following the lead of people in this room.

In that regard, B.C. is setup to succeed. From our access to cheap, renewable energy, to our educated workforce, to our innovative business community, to the quality of life we can offer here, together with British Columbia’s natural beauty, we have an opportunity to develop our Province into one of the most prosperous jurisdictions in the world.

Our challenges are too big, and the consequences too profound, to ignore this opportunity.

We stand to gain by building on the expertise that our neighbours have already developed in these areas. And yet, there is still so much room to grow in this sector, to improve upon current technologies and policy innovations.

We need to learn from what has worked for our neighbours, and craft them into a “made in B.C. approach” that respects the unique characteristics of our economy, our environment and our energy needs.

The approval Site C was a terribly disappointing decision for me because I believe small-scale, distributed energy projects are the way of the future for B.C. and that we should fundamentally change the mandate of B.C. Hydro.

B.C. Hydro should no longer be the builder of new power capacity.

Rather, it should be the broker of power deals, transmitter of electricity, and leveller of power load through improving British Columbia power storage capacity.

Let industry risk their capital, not taxpayer capital, and let the market respond to demands for cheap power.

We need to optimize support for clean energy development, including grid storage for community or privately generated power and work with neighbouring jurisdictions to expedite the phase out of fossil fuel powered electricity generation.

The future of economic prosperity in B.C. lies in harnessing our innate potential for innovation and bringing new, more efficient technologies to bear in the resource sector.

B.C. will never compete in digging dirt out of the ground with jurisdictions that don’t internalize the same social and environmental externalities that we value.

We will excel through being smarter, more efficient, cleaner and by working together to solve our problems.

This means that we not only export the dirt, but we also export the knowledge, technology and value added products associated with resource extraction.

To get a fair value for our resources that deliver maximum benefits to our communities, we need to get smarter and more strategic when it comes to embracing innovation.

Government should be doing more to support these initiatives and create fertile ground for a sustainable, resilient, and diverse economy.

We should be using our boundless renewable energy resources to attract industry, including the manufacturing sector, that wants to brand itself as sustainable over its entire business cycle, just like Washington and Oregon have done.

We should be setting up seed funding mechanisms to allow the B.C.-based creative economy sector to leverage venture capital from other jurisdictions to our province.

By steadily increasing emissions pricing, we can send a signal to the market that incentivizes innovation and the transition to a low carbon economy.

The funding could be transferred to municipalities across the province so that they might have the resources to deal with their aging infrastructure and growing transportation barriers.

Yes, we should be investing in trade skills, as described, for example, under the B.C. jobs plan.

But we should also be investing further in education for 21st century industries like biotech, high tech and cleantech. It’s critical that we bring the typically urban-based tech and rural-based resource sectors together.

Similarly natural gas has an important role to play, but we should use it to use in our domestic market and explore options around using it to power local transport.

Global investment trends are being driven by the world’s shared Paris commitments, predicated on the fact that keeping global warming under 2 degrees Celsius is far more cost-effective than dealing with the effects of a temperature rise above that level.

This shift presents a significant opportunity for B.C.’s economy.

Our province is well poised to bolster its leadership in the cleantech sector – we have a strong competitive advantage in the building blocks required to foster a knowledge-based economy.

In Closing

I am truly excited about the prospects that lie ahead for this minority government. I am working every day to ensure that this government embraces the opportunity in front of it. British Columbia has so much to offer and we can and should be a leader in the new economy.

The years ahead will require all of us to come together to look for areas where we can be partners – to drive the innovation that will enable us to conquer what lies ahead. I don’t doubt many of solution we need will come from the people in this room.

Thank you all again for having me here today to speak with you. And for all your work to build a better future for our province.