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Paved with good intentions: A guide to evolving climate policies in BC
The road to hell is paved with good intentions, an economics professor of mine used to say back in the late 1980s. Concerned about the federal government’s inability to reign in fiscal deficits, hell back then was hitting a “financial wall” where the markets would no longer lend or would only do so at catastrophically …
Tailings dam spills at Mount Polley and Mariana: Chronicles of disasters foretold
Leia a versão em português This paper explores the many parallels between the tailings dam spills at the Mount Polley mine in British Columbia (BC), Canada, and the Samarco mine in Mariana, Minas Gerais, Brazil. The Mount Polley disaster took place in August 2014, when the dam holding toxic waste from the copper and gold …
The Petro State Lackey: How BC’s zest for natural gas fuels Alberta’s oil sands
In the past year, an energy dispute for the ages has played out in Canada, culminating in the federal government announcing that it will buy an aging oil pipeline for $4.5 billion and then twin it with a new high-capacity pipeline that would move massive amounts of diluted bitumen from Alberta to tidewater in British …
Tax breaks and subsidies for BC LNG
At the height of LNG-mania in 2013/14, high prices in Asia fueled a gold rush mentality in BC—based on shipping cheap BC gas to Asia for mega-profits. But those high prices proved only temporary, and by 2015 the economic case for LNG (liquified natural gas) turned on its head. The subsequent Asian price for gas …
Canada’s Fossil-Fuelled Pensions: The Case of the British Columbia Investment Management Corporation
The British Columbia Investment Management Corporation is the steward of BC’s public pensions, but bankrolls companies whose current business models exceed the climate change targets agreed to in the Paris Agreement to which Canada is a signatory. This report shows that the Corporation’s claims of responsible investment are more talk than walk, as its actions are not …
Gas gouging in Metro Vancouver: Blame Big Oil, not taxes
Everyone is talking about the high price of gas in Metro Vancouver, which hit a new record in May, topping $1.60 per litre. The story making the rounds is that taxes are to blame—in particular the April 1 increase in BC’s carbon tax. Some have seized on this moment to call for tax cuts to …
Threatened caribou further endangered: Suppressed audit shows Oil and Gas Commission undermining provincial efforts to save species
On an April morning in 2014, members of the Fort Nelson First Nation tucked into a helicopter to begin a day of flying to fossil fuel company operations in their territory. The Nation’s lands are part of the expansive Treaty 8 territory that includes northeast British Columbia. A professional biologist from Fort St. John was …
A Prairie Patchwork: Reliance on oil industry philanthropy in Saskatchewan boom towns
When we think of a “boom town,” we often imagine a formerly sleepy rural town suddenly awash in wealth and economic expansion. It might surprise some to learn that for many municipalities in oil-producing regions in Saskatchewan, the costs of servicing the oil boom can outweigh the benefits. Instead, as Simon Enoch and Emily Eaton …
Canada’s Energy Outlook
Current realities and implications for a carbon-constrained future Canada faces some very difficult choices in maintaining energy security while meeting emissions reduction targets. This study analyses Canada’s energy system, and provides an objective assessment of future options to maintain energy security and meet climate commitments. Canadians need a viable and sustainable long-term energy strategy, based …
Kinder Morgan: Costs and benefits unbalanced, not in the national interest
The Alberta and federal governments claim that Kinder Morgan’s Trans Mountain Pipeline Expansion (TMX) is in the national interest due to its economic benefits. But a closer look at TMX’s full range of benefits and costs shows the project to be extremely lopsided in its distribution. First, the economic gains accrue almost entirely to Alberta …
What’s Kinder Morgan’s real end game?
Here’s a different take on Kinder Morgan’s ultimatum and the so-called “constitutional crisis” it has sparked. I’m speculating, of course, as we all seek to understand what Kinder Morgan is really up to. But allow me to posit a minority theory: We’re getting played! It is entirely possible that Kinder Morgan has already decided to …
Not all Albertans are in favour of the Trans Mountain pipeline expansion: A letter to BC Coast Protectors
Dear Coast Protectors, I’m writing you from Edmonton, the other end of the Trans Mountain pipeline. Like most Albertans, I’ve followed your mobilization in opposition to the Trans Mountain Pipeline Expansion (TMX) with great interest. Unlike many Albertans, I am opposed to the building of more pipelines to transport increasing amounts of our oil to …