This is a news compilation setting the record straight on the day’s top anti-oil and gas stories and providing research and facts to counter misinformation about the oil and gas industry.
This blatantly false article by a B.C. anti-oil and gas campaigner shows the problem with the spread of misinformation by radical activists.
B.C. natural gas production is heavily regulated, and when LNG Canada is completed, is expected to displace millions of tonnes of emissions.
- The Wilderness Committee has been a frequent receiver of funding from foreign organizations like the Tides Foundation.
- Despite ridiculous claims that natural gas producers are tearing up the forests of northern British Columbia, only about 2.14% of the total area has been used for development.
- The claim that massive amounts of natural gas are being plummed into the air is untrue. Flaring and venting are heavily regulated in B.C. to keep environmental impacts low.
- The claims that British Columbia’s deep well credit program provides $2 dollars in credits for every dollar they would owe in royalties is factually untrue. Despite producers claiming $326 million credits in 2018/19, they also paid $196 million in royalties to the government that would otherwise have not been paid if the wells were not drilled. This doesn’t include the nearly $200 million paid in carbon taxes by the upstream natural gas industry.
- Further showing their penchant for misinformation, the author of the article falsely labels a ConocoPhillips water recycling facility as a wastewater pond.
- LNG Canada is expected to reduce global emissions by up to 90 million tonnes while displacing coal in China.
- British Columbians can expect to see an estimated $2.45 billion per year in provincial revenue, going directly to essential services like healthcare from projects like LNG Canada.
Here are some stories that get it right, or mostly right.
Michel Kelly Gagnon of the Montreal Economic Institute writes that the idea we can overnight shift our oil diet. Most of those who advocate for the end of oil leave out the fact that most of our everyday products are made from petroleum and its byproducts. While it is important to keep environmental impacts low, oil is a big part of our lives. Gagnon notes that “Oil fills 32 percent of the energy needs of Canadians. It is the basis of products essential to our daily routine. Discussions around energy policy should therefore stay grounded in reality and focus more on the safest ways to transport oil, whether by pipeline or trains, than on the mirage of “getting rid of oil.”