Energy & Infrastructure
Natural resources are, and will continue to be, a crucial component of the economic well-being of British Columbians. To advance BC's prosperity, we must responsibly develop new forms of energy resources and build the necessary infrastructure to connect them with global markets. The Council’s work supports the efforts of businesses and governments to develop resource projects, energy systems and transportation networks in a way that minimizes the environmental impacts and maximizes economic benefits for communities and BC’s job creators.
SUBMISSION: Clean Fuel Standard Regulatory Framework
Business Council comments on the proposed Clean Fuel Standard Regulatory Framework released by Environment and Climate Change Canada in December 2017.
2015 Paris Agreement - About, Achievements, and Accounting
The 2015 Paris accord is the latest installment of multilateral agreements aimed at addressing the rising concentrations of greenhouse gas emissions (GHGs) in the earth’s atmosphere. Paris flows from the 1992 United Nations Framework Convention on Climate Change.
Statement from BCBC on Increasing Risks to BC's Investment Climate
In response to the Provincial Government’s announcement that it intends to restrict the movement of diluted bitumen through the province, Greg D’Avignon, President and Chief Executive Officer of the Business Council of British Columbia, has released the following statement:
BCBC in 2017: Advancing Ideas and Actions....
In the final days of 2017, we’ve taken a moment to review the 119 publications, submissions to government, opinion editorials and blogs produced by the team at the Business Council of British Columbia. In addition to highlighting our major works, we’ve put together a compilation which revisits the most popular pieces and provides an overview of the range of issues that have garnered attention this year.
BCBC Statement on Provincial Government Decision to Complete Site C
We wish to recognize Premier Horgan and his cabinet colleagues for their decision today to proceed with the completion of the Site C dam. Once operational, this generational asset will provide clean, firm power within a basket of renewable assets that will support our province’s growing low-carbon commodity and energy exports in a world hungry for what BC produces. This is the right decision for British Columbia and Canada’s energy and climate future.
Finlayson & Mullen Op-Ed: Fossil fuels remain key to energy future, according to report (Troy Media)
The International Energy Agency’s Annual World Energy Outlook 2017 was released in early November. It provides a useful update on the shift to a lower carbon global energy system. The stepped-up deployment of clean energy technologies and moves towards electrification continue in many nations. At the same time, rising investment in energy efficiency is lessening the need for supply additions. However, fossil fuels still represent the bulk of global energy production and will continue to do so for the foreseeable future.
D'Avignon: Site C will be a strategic asset for a growing economy in the fight against climate change (Globe and Mail)
Is walking away from Site C really in the best interest of British Columbia’s future?
World Energy Outlook 2017
The top-line findings of the report…there is hopeful news on the ongoing transition to a lower carbon global energy system.
Dear Premier Horgan: Let's Build Site C
Having considered the evidence, including the BC Utilities Commission’s (BCUC) recent report, our reputational risk and the anticipated significant electricity demand as we accelerate into the digital age and low carbon economy, we offer our support for completing the project, for several reasons – some of which are also referenced in a recent submission from the BC Building Trades unions.
PRESENTATION: BCBC Testimony on the Oil Tanker Moratorium Act
BCBC presentation to the Canadian House of Commons Standing Committee on Transportation, Infrastructure and Communities on Bill C-48 - Oil Tanker Moratorium Act
BCBC STATEMENT on the Government of Canada's Fall Economic Update
Business Council of BC Urges Stronger Action to Tame the Federal Deficit and Improve Canada’s Competitiveness
The Business Council of British Columbia offered the following comments on today’s Economic and Fiscal Update presented in the House of Commons by Finance Minister William Morneau.
“We welcome news that the federal government’s budget deficit is shrinking more quickly than expected, mainly thanks to stronger economic growth so far in 2017,” stated Greg D’Avignon, the Business Council’s President and CEO. “Having said that, with the Canadian economy operating close to capacity, we believe the government should be aiming to achieve a balanced operating budget sooner than they are currently projecting.”
Global Oil Demand Continues to Grow
Those predicting a rapid and sustained world-wide move away from fossil fuel energy will be disappointed at the latest oil market update from the International Energy Agency (IEA).
Progress Report on Greenhouse Gas Emissions Released
Recently, the Vancouver Sun reported on a July 5th report by the National Energy Board (NEB) comparing multi-year changes in Greenhouse Gas (GHG) emissions by province.
The Energy Evolution and LNG
All evolution happens in stages. This is also true for energy use. There has never been an energy revolution — a sudden, complete, and fundamental switch from one thing to another — just gradual change as humans incrementally transition to higher-density energy forms.
Guest Author: Politicians, pipelines and paying heed to the rule of law
The new B.C. NDP government campaigned vociferously during the election that it would use every tool in its “tool kit” to stop an interprovincial pipeline expansion that is clearly within the sole jurisdiction of the federal government. There can be no doubt about the new government’s position and its overriding animus to the pipeline project.
SUBMISSION: Technical Paper on the Federal Carbon Pricing Backstop
The Business Council's summary comments on the Government of Canada's Technical Paper on a Carbon Pricing Backstop
Vancouver’s Plan Will Hurt Residents and Local Businesses
Affordability is a key challenge for people residing in the City of Vancouver (COV). Yet, earlier this week, the COV’s Green Buildings Policy for Rezoning came into effect. Once implemented, it is sure to exacerbate this problem, not just for citizens of COV but for the province as a whole as well as for the surrounding municipalities of Metro Vancouver. The policy effectively bans the use of natural gas in new buildings. It also sets the stage for Vancouver to squeeze out natural gas as an energy source for existing buildings and facilities over time.
SUBMISSION: Clean Fuel Standard Discussion Paper
The Business Council's comments on Environment and Climate Change Canada's Clean Fuel Standard Discussion Paper
The Investment Conundrum
Business non-residential capital spending has been on a declining trend for three years. The slump is particularly evident in the energy sector, but the weakness has spread well beyond the oil and gas industry.
The Expanding Role of Renewables in the Global Electricity Market
This edition of the Environment & Energy Bulletin examines the current global and national state of renewables in electricity markets and highlights BC's advantage, and opportunities, stemming from our 98% renewable electricity grid.