Get ready for a greener but poorer and slower economy

As the world’s fastest growing economies expand fossil fuels usage, carbon dioxide emissions, jobs and growth, Canada is going the opposite direction

Get ready for a greener but poorer and slower economyCanadians have generally accepted that carbon pricing is necessary to save the planet. But as taxes and consumer costs rise, promised green jobs fail to materialize and few others in the world seem serious about staying the course, it’s time for a rethink. Rising population and prosperity in the developing world will grow global demand…

An Alberta-made high-seas pollution solution

Part 2 of a 10-part series: Taking the dirty out of dirty oil and cleaning up the world's oceans at the same time

An Alberta-made high-seas pollution solutionWhat do beer, bitumen and greenhouse gas emissions have in common? That would be Neil Camarta, founder of Field Upgrading. Camarta spent most of his engineering career building conventional upgraders, which emit sulphur dioxide and other noxious GHG pollutants into the atmosphere. Now he’s teamed up with the Coors Brewing family and Alberta Innovates to commercialize a simple…

Alberta’s carbon policies damage province’s competitiveness

The province already lags behind many American states in key policy areas, including regulatory compliance and taxation

Alberta’s carbon policies damage province’s competitivenessBy 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…

Investor confidence in Alberta’s oil and gas industry needs a boost

Continued pipeline construction obstruction and regulatory uncertainty are leaving investors skittish about Alberta’s oil and gas industry

Investor confidence in Alberta’s oil and gas industry needs a boostBy 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.…

Canada’s economic dilemma: resource rich, investment poor

Across the country, governments seem intent on discouraging investment, and that hurts job creation, productivity and wage growth

Canada’s economic dilemma: resource rich, investment poorWhat drives business investment? Even after the precipitous decline in the price of oil in the second half of 2014, the answer in Canada is still natural resources. As newly-released data from Statistics Canada shows, in 2016 business investment per capita was highest in the energy-producing provinces. It was around $21,400 in Newfoundland and Labrador,…

Keystone XL approval errs on side of safety

One spill is too many but pipelines are much safer than rail for transporting oil

Keystone XL approval errs on side of safetyBy 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…

Fossil fuels remain key to energy future, according to report

The U.S. is eager to grab new business, which underscores the urgent need for Canada to secure access to offshore markets for our oil and gas

Fossil fuels remain key to energy future, according to reportBy Jock Finlayson and Denise Mullen Business Council of British Columni The International Energy Agency (IEA) World Energy Outlook 2017, released in early November, provides a useful update on the shift to a lower carbon global energy system. The stepped-up deployment of clean energy technologies and moves toward electrification continue in many nations. At the same…

The flap over tailings pond bird deaths lacks perspective

It’s just plain crazy to let ‘I-hate-oilsands’ activists frame our national energy agenda based on an immaterial number of bird deaths

The flap over tailings pond bird deaths lacks perspectiveA few months back, the latest story of bird deaths in the oilsands went national. About 100 birds had died at the Fort Hills oilsands mine operated by Suncor. According to reports, the mine was not yet operating but bird deterrent systems (including cannons, radar scanners and scarecrows) were functioning. Mystified by the event, Suncor…

Red tape chasing investors away from Alberta’s energy industry

Alberta has become less attractive for investment while the U.S. is drawing more attention, thanks to Trump's policy changes

Red tape chasing investors away from Alberta’s energy industryBy 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…

Calgary ready to move mountains to land Amazon HQ2

Hey Amazon. Not saying we’d fight a bear for you … But we totally would

Calgary ready to move mountains to land Amazon HQ2The Bible told us the meek will inherit the Earth, but the timid approach isn’t going to attract Amazon’s second corporate headquarters. The competition is intense among dozens of cities across Canada and the United States to be the location for the $5 billion US development. Calgary Economic Development quickly decided Calgary was in. And…
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