Entries tagged with
energy policy
The Notley government's royalty review panel is underway, and has been met with the usual dire warnings of economic decline, job losses, and capital flight. Former Parkland researcher Regan Boychuk looks at the lessons Albertans should take from past royalty reviews as they 'talk royalties' this time.
Are Linda McQuaig's widely publicized comment that "a lot of the oilsands oil may have to stay in the ground" truly "anti-Alberta" as Wildrose Leader Brian Jean has suggested? Or is it a conversation that Albertans need to have? Parkland Institute Research Manager Barret Weber wades into the debate.
Billions Forgone
The Decline in Alberta Oil and Gas Royalties
Alberta introduced new royalty formulas in 2009, expecting to collect an additional $2 billion per year. Instead, total royalties collected over the following five years went down by $13.5 billion.
A new fact sheet released this morning by the Parkland Institute finds that Alberta’s new energy regulator, the AER, will do very little to improve Albertans’ abilities to have a say in how the province’s energy resources, particularly its massive bitumen deposits, are developed.
Directly and Adversely Affected
Public Participation in Tar Sands Development 2005-2014
Will Albertans have a voice in the fate of the tar sands under the new Alberta Energy Regulator? Lessons from the previous regulatory regime suggest it will be an uphill battle.
Taking the Reins
The Case for Slowing Alberta's Bitumen Production
The public interest is not served by the Alberta government's current promotion and encouragement of unfettered development of the province's bitumen reserves. A high quality of life for all Albertans is best pursued by slowing down development of the tar sands.
Taking the Reins
New report says public interest best served by slowing down bitumen production
A new report released this morning by the U of A’s Parkland Institute says another out-of-control bitumen boom would not be in the best interests of Albertans, and that the Alberta government should take action today to bring the pace of development under control.
Misplaced Generosity Update 2012
Extraordinary Profits in Alberta's Oil and Gas Industry
Alberta’s oil and gas industry continues to rake in billions of dollars’ worth of profits while the provincial government continues to run deficits and underfund education and health care services in the province. The report looks at the latest figures for oil industry profits an
Misplaced Generosity
Alberta government set to forego $55 billion in royalties over next three years
A new report from the U of A’s Parkland Institute says that despite a provincial deficit, the Alberta government will forego some $55 billion in potential revenue over the next three years as a result of overly generous royalty cuts and the government’s failure to meet even the modest targets set by previous administrations.
Misplaced Generosity
New report says extreme oil profits come at expense of government revenue
Despite a provincial deficit now forecast to reach $5 billion this year, a new report from the U of A’s Parkland Institute points out that Albertans have foregone tens of billions in potential revenue as a result of overly generous royalty cuts and the government’s failure to meet even its own modest targets.