Energy analyst Mark Mills says we're decades away from renewables providing 100% of the power that drives our economy
Environmental groups, including the David Suzuki Foundation, remain enamoured of renewable energy, telling followers that the “global push for cleaner, healthier energy is on. With costs dropping dramatically, renewable energy is becoming the best choice for the environment and the economy.” The Green Party of Canada is on board, touting the idea that Alberta “should be ready”…
The province already lags behind many American states in key policy areas, including regulatory compliance and taxation
By Kenneth P. Green, Elmira Aliakbari and Ashley Stedman The Fraser Institute The Alberta government recently announced new regulations aimed at providing emission-cutting incentives for industry. But it’s getting harder to attract capital to Alberta’s oil and gas industry due to regulatory and taxation concerns. The new Carbon Competitiveness Incentives will begin in January and apply…
Continued pipeline construction obstruction and regulatory uncertainty are leaving investors skittish about Alberta’s oil and gas industry
By Kenneth P. Green and Ashley Stedman The Fraser Institute Continued pipeline construction obstruction and regulatory uncertainty mean investors see a gloomy outlook for Alberta’s oil and gas industry compared to some U.S states. The province also continues to languish near the bottom of Canadian jurisdictions in investment attractiveness in the oil and gas sector.…
Tanker moratoriums, LNG plant cancellations, fracking reviews, government pipeline obstructionism are all taking their toll
By Kenneth P. Green and Ashley Stedman The Fraser Institute Investor confidence in British Columbia’s energy sector is crucial, since the province is rich with vast natural gas resources. But according to this year’s Fraser Institute Global Petroleum Survey, B.C. ranks dead last among Canadian provinces in investment attractiveness in the oil and gas sector.…
One spill is too many but pipelines are much safer than rail for transporting oil
By Kenneth P. Green, Elmira Aliakbari and Ashley Stedman The Fraser Institute State regulators in Nebraska recently approved the Keystone XL pipeline, ending nine years of regulatory and political limbo across multiple jurisdictions. TransCanada Corp. can now build its pipeline. That’s welcome news for all Canadians, especially those concerned about oil transportation safety. More Canadian…
A public inquiry will simply play into the hands of those who oppose energy production in B.C., depriving the province of significant economic benefits
Hydraulic fracturing, a well-studied and long-used method of producing oil and gas, has again come under attack in British Columbia. A coalition of environmental groups, community groups and Indigenous bands are calling for a “full public inquiry” to “investigate the risks and harms associated with fracking.” A resource analyst with the Canadian Centre for Policy…
The province pays extraordinary rates to solar, wind and biofuel generators. But the wind doesn't always blow and the sun doesn't always shine
By Kenneth P. Green, Elmira Aliakbari and Ashley Stedman The Fraser Institute The Ontario government’s rigorous pursuit of renewables has increased electricity costs far more than necessary. The government recently released an update to its long-term energy plan, projecting that the cost of electricity for homes and businesses will keep rising over the next 20…
Alberta has become less attractive for investment while the U.S. is drawing more attention, thanks to Trump's policy changes
By Kenneth P. Green, Elmira Aliakbari and Ashley Stedman The Fraser Institute TransCanada Corp. recently pulled the plug on Energy East, its proposed 1.1-million-barrel-per-day oil pipeline between Alberta and New Brunswick, a month after the company said it would conduct a “careful review” of the cost impacts of changes in National Energy Board regulations. It…
While telling people that they understand the importance of the pipelines, Notley and Trudeau piled up the regulatory bricks to ensure they were not viable
TransCanada’s withdrawal of its proposal to build the Energy East and Eastern Mainline oil pipelines is a huge loss to Canada and Canadian workers – a $16 billion project regulated to death. Let’s get the red herring out of the way up front. Yes, the low world price of oil was surely part of this…
The environmental activist's reflexive accusations reveal a poor understanding of the data
By Kenneth Green Elmira Aliakbari and Ashley Stedman The Fraser Institute David Suzuki is misrepresenting Canada's environmental record again. In a recent opinion piece, the longtime broadcaster, scientist and environmental activist tells Canadians that their nation is a world laggard in environmental protection. “Canada ranks 25th among rich countries on children’s well-being, in part because…
Environmental groups, including the David Suzuki Foundation, remain enamoured of renewable energy, telling followers that the “global push for cleaner, healthier energy is on. With costs dropping dramatically, renewable energy is becoming the best choice for the environment and the economy.” The Green Party of Canada is on board, touting the idea that Alberta “should be ready”…
