LNG Quebec: the project would cost Quebecers $ 10 billion

If the Legault government gave its authorization to the controversial LNG Quebec natural gas project, it would cost Quebec taxpayers $ 10 billion.

• Read also: Quebec would increase global GHG emissions and harm the energy transition, says BAPE

This is revealed by environmental groups opposed to the gas pipeline and LNG tanker project in Saguenay, claiming, based on calculations by the Union des consommateurs, that the electricity bill to soar by nearly $ 10 billion over the years. First 25 years of the project in question.

This calculation is based on the additional 2.5% increase in tariffs from 2030.

For example, the energy consumption of the gas pipeline project and the Saguenay liquefaction plant would be equivalent to six billion kilowatt-hours, which 300,000 homes would consume, according to estimates by environmental groups.

“If the Legault government decided to approve the project, it would not only increase the environmental debt of future generations by authorizing a project that would worsen the climate crisis, but it would also make them bear the economic burden of financing the export of energy. fossil fuel by increasing their electricity bills, ”Alice-Anne Simard, Director General of Nature Quebec, said in a press release on Thursday.

“This project would cost the people of Quebec billions and would ensure that a significant portion of our renewable electricity would be used to produce and export gas while it should instead be used to accelerate the just and green transition and decarbonize the economy by replacing fossil fuels ”, analyzed Patrick Bonin, Climate-Energy campaign manager at Greenpeace.

The project involves transporting oil from western Canada by pipeline to a liquefaction plant in Saguenay for export by LNG tanker crossing the Saguenay Fjord.

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