CCPA Policy Note

Entries Tagged as 'Energy'

A Clear Look at BC LNG

May 26th, 2015 · · No Comments · Climate change, Energy, Environment, resources & sustainability

Today we released a major new report, A Clear Look at BC LNG: Energy Security, Environmental Implications and Economic Potential, by geoscientist David Hughes. The report considers the ambition of the LNG enterprise as envisioned by the BC government, and delivers the first assessment of the cumulative impacts on LNG development, and in particular the huge […]

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BC’s Carbon Emissions on the Rise

May 8th, 2015 · · 2 Comments · Climate change, Energy

It was a good story while it lasted. Over the past few years, the BC government and many in the policy community have spun a tale about the remarkable success of BC’s climate action policies, with a big spotlight on the carbon tax as a driver of lower emissions while BC’s economy outperformed the rest […]

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Low-carbon urban infrastructure: a view from Vancouver

February 18th, 2015 · · 2 Comments · Climate change, Energy, Environment, resources & sustainability

I have a new case study (full pdf; summary article from the publishers) out as part of the Economists for Equity and Environment‘s Future Economy Initiative. I look at the City of Vancouver’s Neighbourhood Energy Utility (NEU), a low-carbon district energy system that hits a sweet spot of clean energy, local control, and stable prices at competitive rates. […]

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The case against a revenue-neutral carbon tax

January 15th, 2015 · · 2 Comments · Climate change, Energy, Environment, resources & sustainability, Taxes

I’m a fan of carbon taxes, but increasingly I see the term “revenue-neutral” attached to it. Where I live, in BC, we have perhaps the most prominent example of a revenue-neutral carbon tax, and carbon tax advocates have come to promoting the BC model to other jurisdictions, such as Ontario, who are contemplating their own carbon tax. […]

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Site C

December 18th, 2014 · · Comments Off on Site C · Economy, Energy, Environment, resources & sustainability

I was a bit surprised by Minister Bennett’s statement that I was 100% wrong when I suggested in a CBC radio interview that BC Hydro didn’t need to start on Site C right away.  He emphatically disputed the suggestion that the decision and start of construction on Site C  could be deferred three to five […]

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A BC framework for LNG, part two: the LNG income tax

October 21st, 2014 · · 6 Comments · Energy, Provincial budget & finance, Taxes

Well, we saw this coming but it’s still sobering to see it in black and white. The BC government’s decision to cut its proposed LNG Income Tax in half (from 7% to 3.5%) is simply a cave in to industry. It’s massive giveaway of a public resource to global corporations by a desperate government who put […]

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A BC framework for LNG, part one: the carbon benchmark

October 21st, 2014 · · 4 Comments · Climate change, Energy, Environment, resources & sustainability

The BC government’s proposed carbon pollution benchmarks for LNG plants leave much to be desired. The package is an impressive display of cognitive dissonance: thanks to BC’s inconvenient law, the 2007 Greenhouse Gas Reduction Targets Act, along with its carbon tax, the BC government has cultivated a reputation for being a climate action leader; there’s even […]

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Let’s Not Go There Again

October 17th, 2014 · · 1 Comment · Energy, Environment, resources & sustainability

You would think that the fiasco of the government forcing BC Hydro in recent years to buy run-of-river and other IPP supply that it didn’t need, resulting in losses of hundreds of millions of dollars per year, would have put that unfortunate policy on the back burner for a long time. Not so. Clean Energy […]

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Competitiveness vs public benefits: the LNG tax and regulatory regime

October 7th, 2014 · · 1 Comment · Energy, Environment, resources & sustainability, Taxes

This Fall’s legislative sitting will be an important one for shaping the future of LNG in BC. Will one or more companies make final investment decisions? And if they do will there be any public benefits? One of the key questions is whether the BC government will cave on its proposed 7% LNG income tax rate. Industry has […]

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BC’s controversial contract obligations dwarf its debt

July 18th, 2014 · · Comments Off on BC’s controversial contract obligations dwarf its debt · Economy, Energy, Privatization, P3s & public services, Provincial budget & finance

Most of the discussion around the delivery of British Columbia’s public accounts this week has centred on debt (Marvin Shaffer makes excellent points in the previous post on why debt is not always bad) and on how BC got the money to balance its books. Something else worth looking at, however, is British Columbia’s non-debt […]

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