The former federal and provincial cabinet minister has been hired as senior adviser and director by Pacific Future Energy Corp., which says its refinery will be the world's greenest.
In a release, Day says his experience representing British Columbia federally and serving in Alberta's cabinet gives him a "unique vantage point" about what's needed to make the project happen.
One of the biggest concerns of pipeline proposals like Enbridge Inc's (TSX:ENB) Northern Gateway and Kinder Morgan's Trans Mountain expansion is the prospect of huge bitumen-laden tankers navigating coastal waters.
The Pacific Future proposal — along with others being floated by B.C. newspaper magnate David Black and by aboriginal businessman Calvin Helin — would mean refined products, rather than heavy oil, would be shipped on tankers to Asia, making a potential spill much less environmentally damaging.
Pacific Future, whose team also includes venture capitalists and former government advisers, aims to pick a site for the refinery by the end of this year and enter the regulatory process next year.
(The Canadian Press)