Alberta budget confirms ‘revenue recycling’ code for tax and spend

Any conceivable tax increase is revenue recycling if the money is used to fund anything the government deems an “investment” in Albertans

Alberta budget confirms ‘revenue recycling’ code for tax and spendBy Ben Eisen and Kenneth P. Green The Fraser Institute Last autumn, Alberta Premier Rachel Notley claimed that her government’s proposed carbon tax plan would be revenue neutral. This claim was widely discredited by economists who noted that the term “revenue neutral” means that every dollar collected by a new tax must be returned to the…

B.C.’s LNG export dreams may be over

May miss out on supplying liquefied natural gas to Asian and global markets because of opposition and delays in the approval process

B.C.’s LNG export dreams may be overBy Kenneth P. Green and Taylor Jackson The Fraser Institute Amidst a global glut of natural gas, and implacable opposition from environmentalists and some First Nations leaders, British Columbia’s dream of exporting liquefied natural gas (LNG) to world markets is at risk of becoming a pipe dream. New warnings about Canada’s waning potential to export…

Higher energy prices fueling energy poverty in Canada

5 out of the 7 regions measured in a Fraser Institute study had higher percentages of energy poverty in 2013 than they did in 2010

Higher energy prices fueling energy poverty in CanadaBy Kenneth P. Green Taylor Jackson and Ian Herzog The Fraser Institute Energy is more than the fuel of our economic growth. In fact, energy fuels just about all of modern life’s comforts. But energy costs have risen substantially over the last decade, potentially placing a burden on many Canadian households. According to a new…

Wynne ignores lessons about the pitfalls of cap and trade

Ontarian households are going to feel the pain, while politically connected industries will reap a windfall

Wynne ignores lessons about the pitfalls of cap and tradeLast week, the Ontario government released draft regulations under which 102 large industrial emitters will get free allowances to produce greenhouse gases (GHGs) at current levels in 2017 and would then have to reduce their emissions by more than four per cent a year until 2020. Distributors of gasoline, home heating fuel and natural gas…

Loss of Ontario cropland exaggerated

Ontario cropland has increased since the 1950s, while farming efficiency also improved

Loss of Ontario cropland exaggeratedBy Glenn Fox and Kenneth P. Green The Fraser Institute In the song Big Yellow Taxi, Joni Mitchell beautifully encapsulated angst about the way we use land: “Don’t it always seem to go, that you don’t know what you’ve got till it’s gone. They paved paradise and put up a parking lot.” This lyric resonates…

Canada’s new GHG emissions requirements will inflict widespread pain

As always, the Trudeau government announces lofty goals short on devilish details

Canada’s new GHG emissions requirements will inflict widespread painOn Jan. 27, the federal government injected yet another syringe full of uncertainty into the country’s oil and gas sector, announcing a nebulous plan to overhaul Canada’s environmental assessment process to incorporate concerns over greenhouse gas emissions. As always, the initial announcements are long on lofty goals, and short on the devilish details. But some…

Kudos, and caveats, for Alberta’s royalty review

The recommendation that the provincial government “seize opportunities to enhance value-added processing” could turn into a fiasco

Kudos, and caveats, for Alberta’s royalty reviewBy Kenneth P. Green and Steve Lafleur The Fraser Institute On Friday, Jan. 29, the Government of Alberta released the long-anticipated report of the Royalty Review Advisory Panel. The review, a campaign promise by the NDP government, was the source of some anxiety in the province. As evidenced in a recent Fraser Institute bulletin, investor…

New climate tests for pipelines unnecessary

Transporting oil by pipeline rather than rail or tanker may actually lower GHG emissions

New climate tests for pipelines unnecessaryBy Kenneth P. Green and Taylor Jackson The Fraser Institute The federal government is about to roll out new regulatory requirements for Canada’s energy industry. The new rules will require the environmental reviews of pipelines and liquefied natural gas (LNG) terminals – critical energy infrastructure projects – to consider the greenhouse gas (GHGs) effects of…

Oil is a blessing for Alberta – not a curse

Even in bad times, Alberta benefits significantly from its natural resources

Oil is a blessing for Alberta – not a curseBy Steve Lafleur and Kenneth P. Green The Fraser Institute Ever since oil prices began declining from historic highs, it’s become fashionable to claim that Alberta – and Canada – bet it all on oil and lost. It’s an “I told you so” narrative for those who view natural resources as a curse, rather than…

TransCanada lawsuit spotlights weak climate change connection to Keystone

Rejection of the pipeline was never about climate change

TransCanada lawsuit spotlights weak climate change connection to KeystoneBy Kenneth P. Green and Taylor Jackson The Fraser Institute The Keystone XL saga has taken a new twist. On Jan. 6, TransCanada (the company that would have built and operated the Alberta to Texas pipeline) launched two lawsuits over U.S. President Barack Obama’s November rejection of the pipeline. One of the lawsuits will challenge…