"With energy prices collapsing globally, and the business in B.C. having a tough time remaining viable, Pacific NorthWest LNG needed less, not more government costs and regulations to stay in the game.

Instead, the new provincial government jacked up its demands, including higher carbon taxes, a “fair” return for resources (read a bigger provincial take), partnerships with First Nations (read fatter benefits agreements), protection for “our air, land and water including living up to our climate change commitments,” as outlined in Premier John Horgan’s mandate letter to the new energy minister, Michelle Mungall.

To make matters worse, Horgan repeatedly singled out Pacific NorthWest LNG during his election campaign"

http://business.financialpost.com/commodities/energy/a-tragedy-for-canada-petronas-cancels-36b-lng-project-as-b-c-jacks-up-demands/wcm/de2567c8-499d-489f-9dec-3826a01c932c