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New outlook on oil production likely pushes 'bite’ of Alberta carbon cap beyond 2040
Last week, the NDP government in Alberta tabled Bill 25, to advance the imposition of an annual cap of 100 megatonnes (MT) for greenhouse gases from the oilsands, making Alberta the first major oil producing region to institute such a ...
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Green groups, First Nations sue federal government over proposed B.C. LNG plant
After the September approval of the Pacific Northwest natural gas project in British Columbia (with 190 additional regulatory requirements added on), there was a slight feeling of optimism among those who believe that developing Canada’s ...
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Notley misdiagnoses Alberta’s fiscal problems and offers no workable solutions
A clear takeaway from Alberta Premier Rachel Notley’s recent state of the province address is that virtually all of Alberta’s fiscal woes can be blamed on depressed oil prices. The reality is different. While there’s no doubt that the ...
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National carbon price will likely raise costs for Canadians, damage overall economy
Yesterday the Liberal government revealed plans to impose a national carbon price on the provinces, aimed at reducing greenhouse gas emissions. The plan requires provinces to adopt a carbon tax or cap-and-trade scheme. There is, in ...
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Poor policy choices eroding economic freedom in Alberta
Alberta has for many years been an example for other provinces in Canada, showing how to provide liberty and economic opportunity by embracing a tax and regulatory approach that promotes freedom and is conducive to human flourishing. Due ...
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Emissions cap in Alberta—high cost, little benefit
The Alberta government plans to cap greenhouse gas (GHG) emissions in the province at 100 megatonnes (Mt) annually. But before understanding the potential impacts of the cap, we need to understand how oilsands production might grow in ...
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Fiscal update shows Alberta’s financial position deteriorating more rapidly than expected
Alberta’s first-quarter fiscal update now expects that the provincial government’s operating deficit this year will be $10.9 billion, up from the previous $10.4 billion estimate from the budget in April. This will negatively affect the ...
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Alberta’s first-quarter fiscal update reveals worsening fiscal picture
Alberta Finance Minister Joe Ceci (pictured above) unveiled the province’s first-quarter fiscal update today. Unfortunately, the province’s budgetary situation looks even worse than it did when the government released its budget in April ...
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More pipeline obstructionism from British Columbia
Pipeline obstructionism continues to hamper Canada’s ability to deliver its oil and natural gas to the world’s more lucrative foreign markets in Asia and Europe. The latest eruption of obstructionism is brought to us by Gregor Robertson ...
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Oilsands emissions cap—high cost, little benefit
The Alberta government is currently in the process of implementing a 100 megatonne cap on greenhouse (GHG) emissions from oilsands production. A recent Fraser Institute study finds that this policy could come at a high cost and result in ...