Incentives For LNG Use

Photo Courtesy of Shell Canada

Sarnia-Lambton’s MPP will ramp up efforts to pass a private member’s bill that would stimulate the increased use of liquefied natural gas as a transportation fuel.

Bob Bailey says Bill 97 or The Natural Gas Superhighway Act, would provide a non-refundable tax credit for companies purchasing trucks, ships or trains that use LNG.

Shell’s recent announcement that it’s putting a proposed LNG unit on hold at Corunna refinery, has motivated Bailey to push his bill.

Bill 97 is at second reading and Bailey says he’ll put pressure on the committees to bring it forward for debate.

Shell’s multi-million dollar project was expected to create up to 350 construction jobs during the peak phase and six to ten permanent jobs.