Want to modernize Canada’s National Energy Board (NEB)?
Bring the regulatory agency — first founded way back in 1959 when the realities of climate change weren’t readily known — into alignment with our carbon-constrained present.
That recommendation, coming from the Pembina Institute, comes in a report released Friday to coincide with the end of a federal review of the National Energy Board that brought an expert panel into halls and meeting rooms of 10 cities across the nation.
In the report, “Good Governance in the Era of Low Carbon,” the Pembina Institute states the review is an important (Read more…) to not only bring the mandate of the NEB into the 21st century, but also to restore public trust in what many see as a broken process.
The National Energy Board has been called a “captured regulator” that has “lost touch with what it means to protect the public interest,” by Marc Eliesen, former head of BC Hydro and former deputy minister of energy in Ontario and Manitoba.