Just a little add on to the TJ column today. We could have had an example of “powering economic development” with the natural gas in Sussex. The Enterprise agency out there developed the concept of an energy park. Essentially, government would abate any royalties on the gas and because the gas wouldn’t be part of the pipeline, could be except from toll charges. The net cost of the gas would make one of the lowest rates for natural gas in North America and that could be sold to firm (s) that need lots of natural gas in their processes.
Essentially, the idea was to attract a few industrial users (light industrial) and create hundreds of good paying jobs based around a unique competitive advantage.
I was at a presentation where this notion was put forward and a senior government official said to me offline that what was best would be getting that gas to the New England market “as quick as possible”.
And now it is.
New Brunswick doensn’t have a lot of natural advantages folks. If cheap power could be one, we should exploit it.
Or how about green energy? Why is New Brunswick likely among the furthest behind in this area? There is an increasing wedge of the industrial sector in North America that would pay a premium to say they are using green energy in their processes.