Coal is driving China's hydro electric plants and it is the dirtiest of all fossil fuels, it creates more pollution than oil, natural gas and gasoline when burned. That is why Bejing is one of the most dirtiest places on earth.
Liquid natural gas (LNG) is the cleanest fossil fuel, and Canada has an abundance of natural gas.
“That’s another significant piece that people miss on this whole LNG story in B.C – that we’re actually helping large economics that are continuing to grow to create new transition fuels to get out of older fuels into cleaner-burning fuels,” said Greg D’Avignon, CEO of the Business Council of BC.
Northeastern BC is home to the Montney Formation and Horn River Basin, the third largest hydrocarbon fields in North America.
Between the drilling, piping, and exporting of the natural gas in British Columbia, there is over $100 billion of proposed capital investment. Each project has one key component, all of the natural gas comes from Northeast BC.
A few of these massive capital projects proposed:
- LNG Canada led by Royal Dutch Shell - $40,000,000,000 [source]
- Pacific NorthWest LNG led by Petronas - $36,000,000,000 [source]
- West Coast Canada LNG led by Exxon Mobil - $25,000,000,000 [source]