Today we released a new Climate Justice Project report, Clean Electricity, Conservation and Climate Justice in BC: Meeting our energy needs in a zero-carbon future, co-authored by John Calvert and myself. The report is central to the vision we have been developing of a zero-carbon BC, with a focus on
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The Progressive Economics Forum: OECD Agrees We Suffer From Dutch Disease
OECD economist Peter Jarrett – lead on the just released Economic Survey of Canada – agrees with the Mulcair diagnosis.
Continue readingThe Progressive Economics Forum: Debating Hoback on Resource Royalties
Prince Albert MP Randy Hoback began last week’s inquisition by objecting to my recent op-ed in The Saskatoon StarPheonix on the “Dutch disease” debate between Saskatchewan Premier Brad Wall and federal NDP leader Tom Mulcair. He then interrupted to question my NDP affiliation. As indicated in today’s Prince Albert Daily
Continue readingThe Progressive Economics Forum: Energy McCarthyism 2: Hoback Attack
Saskatchewan conservatives are getting cranky. At last night’s Finance Committee meeting on the omnibus bill, MP Randy Hoback exposed me as being a New Democrat who writes “garbage” (as this blog’s readers already know). Full video of the meeting is available here, with my presentation starting two hours in.
Continue readingThe Progressive Economics Forum: Postmedia’s Ham-Handed Assault on Mulcair
Postmedia has posted Michael Den Tandt’s latest column, which will presumably appear in print tomorrow. He presents recent comments about Dutch disease as a departure from Tom Mulcair’s previous position: . . . when Tom Mulcair was driving hard to become leader of the New Democrats, he took polite but
Continue readingDriving The Porcelain Bus: Going To The Wall In Defense Of Mulcair
Great post by Erin Weir – The Progressive Economics Forum: “Mulcair has articulated a balanced approach to resource development that would generate more public revenue, a more competitive exchange rate, and more manufacturing jobs. Saskatchewan is well positioned to help implement and benefit from this approach by raising provincial resource
Continue readingThe Progressive Economics Forum: Mining in the NWT: Who Gets What?
In a recent blog post at Northern Public Affairs, Stephanie Irlbacher-Fox looks at the issue of ‘who gets what?’ when a mine is developed in the Northwest Territories (NWT). Here is an excerpt from the post: – The resource extractor: they pay royalties (the NWT has the lowest royalties in
Continue readingThe Progressive Economics Forum: Ontario to Mine for More Revenue
Last week’s provincial budget promised a mining sector review “to ensure Ontario receives fair compensation for its non-renewable resources,” a proposal advanced by this blog and the United Steelworkers before appearing as a Drummond recommendation. The relevant budget section begins with the following observation: “Ontario has the highest value of
Continue readingThe Progressive Economics Forum: Upstream Supply Chain as Sector Development Strategy
My column in Wednesday’s Globe and Mail suggested that Canada implement a “Buy Canadian” strategy associated with major natural resource developments, with the goal of enhancing Canadian content in the overall value chain. Can we utilize our strong foothold in resource extraction, and try to leverage greater investment and value-added upstream
Continue readingPeak oil? How about peak everything?
We are all familiar with the concept of peak oil. Oil is a non-renewable resource therefore at some point global production will reach its maximum capacity and then decline, creating an urgent need for alternate energy sources. Peak oil has already occurred in the United States, in 1970 in fact,
Continue readingThe Progressive Economics Forum: Ontario’s Not Digging Deep Enough
PricewaterhouseCoopers’ biennial guide to Canadian mining taxation, Digging Deeper, features a comparative summary of royalties, mining taxes and corporate taxes for a hypothetical gold mine. This approach differs from the table I posted yesterday, which displayed royalty and mining tax revenue as a share of the minerals actually extracted from different provinces
Continue readingThe Progressive Economics Forum: Ontario’s Pitiful Mining Tax
This table displays the mining taxes and royalties paid for minerals – including coal, but excluding oil and gas – to Canada’s major mining jurisdictions in 2010. (The excluded jurisdictions – PEI, Nova Scotia, the Yukon and Nunavut – each mined less than one-third of a billion dollars.) The ideal would be
Continue readingThe Progressive Economics Forum: Are Enbridge’s job numbers credible?
Putting aside the impact of the proposed Enbridge pipeline on GHG emissions or spills on land and at sea, the case in favour of the pipeline rests on creating jobs. Personally, I think industry and government use “jobs” as a euphemism for “profits” as that is where the lion’s share
Continue readingThe Progressive Economics Forum: Foreign influence in Canada’s oil patch
Natural Resources Minister Joe Oliver’s contention that the National Energy Board hearings on the Enbridge Northern Gateway pipeline are loaded down with foreign special interests is exactly right. But it is not the “environmentalists and other radical groups” that are the problem. It’s the oil and gas industry. This Statscan table
Continue readingWritings of J. Todd Ring: BBC speechless as trader tells truth: “Collapse is coming… and Goldman Sachs rules the world”
Move your money now – put it into gold, silver, and if you can, more importantly, a piece of land that can feed your family, tools for self-reliance such as solar and wind energy, seeds and garden tools, a trailer, teepee, yurt or cottage, in cas…
Continue readingDeSmogBlog: UK Fracking Company Takes Partial Responsibility For Earthquakes
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U.K.-based energy company Cuadrilla Resources has finally admitted that their hydraulic fracturing activities were likely to blame for a series of small earthquakes …
Continue readingWritings of J. Todd Ring: Occupy Wall Street: The emerging global pro-democracy movement, where it stands, what it means, and where we go from here
The Occupy Wall Street movement, which has already become a global grassroots populist pro-democracy movement, if we have eyes to see, has clearly already won a broad and growing base of support. What is needed now, I believe, is to further clarify and…
Continue readingWritings of J. Todd Ring: Earth Overshoot Day – cause for a pause to reflect
Yesterday, September 27, the Global Footprint Network declared as Earth Overshoot Day: the day that humans have used up all renewable resources available for the year. Not good. This obviously cannot continue. Limitless growth in material consumption a…
Continue readingThe Progressive Economics Forum: C. D. Howe Shills for Oil Companies
The C. D. Howe Institute is out this morning with a press release entitled, “Raising Oil and Gas Royalties Does Not Benefit Provincial Coffers.” A complete analysis of the accompanying 30-page paper – featuring many graphs, tables and regressions – will take time. But here is my initial take. Background The Institute correctly notes that […]
Continue readingWritings of J. Todd Ring: The schizoid nature of the Western world: Overcoming the root paradox of Western civilization – and our own minds
The Western world is still trapped in a paradox and a self-contradiction of our own making: we are schizoid with regards to the body, the material world and to our physicality. On the one hand, we have, as people of the modern world, embraced our physi…
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