The provincial government offered a suite of tax breaks and incentives for #LNG Canada that results in $5.35 billion…
The provincial government offered a suite of tax breaks and incentives for #LNG Canada that results in $5.35 billion in public subsidies, including:
Provincial sales tax exemption on the construction costs of the LNG facility
Special treatment under B.C.’s carbon tax
Lower electricity rates
Elimination of the LNG income tax
Access to the Clean Growth Incentive program
The federal government kicked in another $275 million in infrastructure improvements to support construction and increased marine protection to mitigate the impact of increased LNG tanker shipments. #bcpoli
2 comments
Arigatou! Mr. Steve!
America’s treasures are up for sale and the only thing you need to get them is the president’s phone number.
According to Donald Trump himself, he ensured that opening the Arctic National Wildlife Refuge (ANWR) to drilling stayed in the Republican tax bill because a friend of his “in that business” of fossil fuels told him it was a big deal and every president since Reagan has tried to open it up. Trump’s remarks—made at the House and Senate Republican Member Conference in West Virginia on Thursday afternoon—perfectly encapsulate this administration and its values: Cronyism, revisionism, a slavish love of fossil fuels and a shocking display of ignorance all in one place.
Here, in his own words, is why Donald Trump supports drilling one of the most pristine landscapes in the country:
And ANWR, one of the great potential fields of the world. I never appreciated ANWR so much. A friend of mine called up in that world, in that business and said “is it true you’re thinking about ANWR?”
I said, “yeah, I think we’re going to get it but you know.”
He said, “are you kidding? You know that’s the biggest thing by itself. Ronald Reagan and every president has wanted to get ANWR approved.”
And after that, I said, “oh, make sure that’s in the bill.”
Nishioka Yoshio Absolutely. Nothing is sacred to them except $$. All of the efforts these many years to protect ANWR have come to nothing due to the auto/plutocratic coup that has been slowing evolving since Nixon and has now culminated in tRUMP the destroyer.