Except briefly, let’s avoid environmental questions about Woodfibre LNG for today and concentrate on fiscal matters.
Even if Woodfibre LNG was an environmental bonus to Howe Sound and the surrounding communities; even if it was clean as a whistle, its plant and accoutrements safe as a church, and the tanker traffic absolutely guaranteed by God to cause no accidents, the case against having this plant would be open and shut.
Let’s look at it from a business proposition.
The business case against BC LNG
To start with, BC’s negotiators have absolutely no experience whatsoever in the business field, much less dealing with the likes of Sukanto Tanoto, a certified, major league tax evader – not avoider, evader.
Up against this shady, at best, Indonesian billionaire, we have Premier “Photo-Op” and her poodle, Natural Gas Minister Rich Coleman, prancing around the world, hyping LNG, dealing way over their heads in what is, more and more each day, a losing proposition. They’re doing this because they’re politically committed and rather than simply say, “we were premature and excessive in our enthusiasm,” and lose face, they’re bluffing it through, at our expense (1st Class all the way), hoping like Mr. Macawber that “something will turn up.” Continue Reading »
