Tag Archive: Corporate Mapping Project

Tax breaks and subsidies for BC LNG

Jul 5, 2018
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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… View Article

BC public pensions fuel climate change crisis

Jun 25, 2018
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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… View Article

Gas gouging in Metro Vancouver: Blame Big Oil, not taxes

Jun 11, 2018
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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… View Article

Threatened caribou further endangered: Suppressed audit shows Oil and Gas Commission undermining provincial efforts to save species

May 28, 2018
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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… View Article

Death of the Oil Weapon

May 17, 2018
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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… View Article

What’s Kinder Morgan’s real end game?

Apr 16, 2018
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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… View Article