Quote:
Originally Posted by Fuzz
Hold on now, which LNG projects were canceled because of Liberal government policy?
|
1. Pacific Northwest LNG - Cost $36 billion - Petronas
2. Aurora LNG - Cost $28 billion - Nexen Energy
3. Prince Rupert LNG - Cost $ 16 billion - Royal Dutch Shell
4. WCC LNG - $ 25 billion - Exon Mobil Corp
Policies like regulatory overreach and carbon tax due to prioritizing climate action over resource development are major factors affecting investor uncertainty.
This is something I fear will be carried on by Mark Carney. He will go out of his way to promote things like electric vehicles, heat pumps, etc.