Signing off
Dear Readers, This afternoon, I am pleased and excited to inform all of you that I have accepted a secondment to Environment Canada during my sabbatical year from July 2012 through June 2013. I will be a visiting scholar at Environment Canada, and hope to be involved in many aspects of their work over the […]
ENMAX solar power – a different definition of affordable
Today, I received a nice offer in my mailbox from utility company ENMAX. These offers often make me angry because I find that they prey on people’s lack of information regarding electricity units and pricing. Today was no exception.
Let’s make the right arguments on the EU FQD
Today, with great praise from industry, a new report, commissioned by the Alberta Government, on oilsands GHG emissions was released. This report, by Jacobs Consultancy, assesses the degree to which oilsands GHG emissions compare to other sources of crude entering the European Union. The results are not particularly surprising, nor are they likely to significantly […]
Refine it where you mine it?
The question of what, if anything, Alberta should do to encourage more upgrading or refining in the province will be an important one regardless of which party wins the election on Monday. This question is pressing as, within the next decade, the province expects to receive about 300,000 barrels per day in bitumen as royalty payments (PDF), and […]
The #climate and GHG question I would have asked
In today’s Edmonton Journal/Calgary Herald on-line leaders debate (a great format, BTW), the leaders were asked the following question: Do you believe in climate change? What should be the provincial government’s response to climate change, or should the provincial government wait for a plan from the federal government?
Differential royalties for upgraded vs. non-upgraded bitumen
Tonight, I am looking for some informed opinions on a topic about which I do not know much. I spent some time this evening looking into whether a differential royalty regime for oilsands bitumen based on its eventual use would survive a challenge under either the NAFTA or the WTO. This inquiry was was motivated […]
Your oilsands royalty primer
Bitumen royalties accounted for 10% of total Alberta government revenues in 2010-2011, and that is expected (according to the most recent Alberta Budget) to climb to approximately 20% of total government revenues, or $9.9 billion dollars by 2014-2015. Both royalty revenue estimates and royalty rates make for contentious subjects in Alberta, and this post is intended […]
Questions I’ll be asking #abvote candidates
What will determine my vote on April 23rd? I suppose it will surprise no one that I will vote based on the energy and environmental policies of the parties. My key issue list includes 5 categories: 1) Savings, transparency, and accountability; 2) Market access; 3) Local environmental management; 4) Global environmental credibility; and 5) Getting […]
More on upgrading and refining in Alberta
This week, the question of whether or not and, if so, how, the Government of Alberta should encourage upgrading and/or refining of bitumen in the province is back on the front page. Much of this coverage is due to backlash over the Government’s decision to not proceed with the Alberta First Nations Energy Center (AFNEC) […]
When you fill up your tank, thank our “petrodollar”
Last night, I wrote a long post on exchange rates, and discussed the impact of the Canadian dollar appreciation on our purchasing power. As usual, the best way to demonstrate that increase in purchasing power is with a graphic, so here you go: What you’re looking at is the relative changes in gas prices, in local […]