That big hydrogen project is not moving forward
Australian energy giant Fortescue Ltd. has cancelled plans for a hydrogen generating plant in Prince George
Australian energy giant Fortescue Ltd. has cancelled plans for a hydrogen generating plant in Prince George.
Andrew Vesey, Fortescue's North America president and CEO, wrote a Sept. 26 letter to project assessment director John Antill, who works for the BC government's Environmental Assessment Office.
In it, Vesey outlines the company's decision to forego any further work on the project and formally withdraws what was called Project Coyote from the environmental assessment process.
This was to be a pretty big project for Prince George, in terms of putting it on the global scale of a “hydrogen hub”, as it’s been dubbed. But there’s been signs it might not happen, as reported back over the summer. Other projects are still in the works, so we’ll see how things develop.
A couple of more election events
ICYMI, I put out my big election newsletter yesterday.
There’s still at least two more event — CFIS community radio hosted candidate forums, one for Prince George-Valemount tonight from 7-9, the other tomorrow for Prince George-Mackenzie, same time.
News roundup:
Prince George ridings see just over 11,000 residents vote early.
New PG RCMP Superintendent says online sextortion a focus; wants age requirements for social media.
Gale Russell remembered for his efforts to spur exponential growth of youth soccer in PG.
Local children's book author addresses being different in story.
A look in the archives at the Central BC Railway and Forestry Museum.
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Send feedback by emailing northerncapitalnews@gmail.com. Find me online at akurjata.ca.
Of the choice between West Coast Olefins and Fortescue, I thought Fortescue was the less grifty of the two by several orders of magnitude. I think they are actively planning to "green up" their mining ops in Australia (where the billionaire made his money) to be 'fossil fuel free', which is an interesting prospect. However, he's funding it, and his solar and wind investments, through all the $$$ he makes in mining iron ore. And ore prices have plunged, and he is pulling back from hydrogen for now.
This is a good Aussie article from July, about the Andrew Forrest and company and the challenges:
https://www.abc.net.au/news/2024-07-21/green-hydrogen-forrest-fortescue/104120492
PS: I can't believe Allan Lund made an appearance on your Substack. LOL