Now that we are in a sunny lull between the end of flooding season and the start of fire season, it’s time we had a talk about fossil fuels and climate change in BC. The BC government deserves praise for standing up to Alberta and the federal government over the Trans Mountain Pipeline Expansion (TMX), …
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 …
If you have a public pension in BC, your retirement savings are likely fuelling the climate change crisis. The pensions of over half a million British Columbians are administered by the British Columbia Investment Management Corporation (BCI), formerly known as the bcIMC. It’s the fourth largest pension fund manager in Canada and controls one of …
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 …
Earlier this year, Premier John Horgan announced that the British Columbia government was prepared to offer billions of dollars in tax breaks to Royal Dutch Shell should the global fossil fuel giant build a massive liquefied natural gas plant on our province’s north coast. Absent from the news then, however, was any mention of how …
So how sound are the claims being used to justify the federal government’s expenditure of up to $12 billion in taxpayer funds to purchase Kinder-Morgan’s Trans Mountain expansion (TMX) project? The Trudeau government says the purchase is in the ‘national interest’, will create thousands of jobs, and that delays in the project are costing Canada …
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 …
Alberta’s threat last month to cut oil supplies to British Columbia and thereby cause gasoline prices to spike is not an original idea. It is called the oil weapon: holding a supply of critical oil over your customer’s head. As detailed in Daniel Yergin’s tome on the oil industry, The Prize, it was most famously …
There is no denying the utility of fossil fuels, which meet 85% of the world’s energy needs. And consumption is rising along with emissions. Even in Canada, the second largest hydropower producer in the world, 76% of end use energy is provided by fossil fuels. We are told by the federal government that increasing oil …
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 …
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 …
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 …