Climate change & energy policy

More twists and turns in the dubious economics of LNGs

Feb 8, 2013
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This morning the newspapers bring news that the natural gas industry is seeking tax breaks for developing liquified natural gas (LNG) plants. Apparently the Canadian Association of Petroleum Producers is asking for increased capital cost allowances , which would cost the federal government as much as $2 billion over seven years in foregone revenues. The… View Article

The Great Bear Rainforest – Carbon Store or Carbon Story?

Jan 17, 2013
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The provincial government, First Nations and environmental organizations alike have all hailed it as an ecological triumph and a shining beacon of a new economic order based on conservation principles. Yet when it comes to talking openly about one of the hallmarks of that emerging economy – a project that cashes in on the carbon-storing… View Article

Marc’s Enbridge Testimony

Jan 16, 2013
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Testimony to the Joint Review Panel on the Enbridge Northern Gateway Project By Marc Lee, Canadian Centre for Policy Alternatives January 16, 2013 My name is Marc Lee, and I have served as an economist for the Canadian Centre for Policy Alternatives for more than 14 years. Most recently I have been Senior Economist and… View Article

BC’s Coal Future

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While much of the attention this week is on the Enbridge Northern Gateway Pipeline hearings in Vancouver, another fossil fuel export issue has come into play with proposals to greatly expand coal exports from the Port of Metro Vancouver. Our colleagues, David Green (Economics, UBC) and Kevin Washbrook (Voters Taking Action of Climate Change) have… View Article

What’s next for BC’s carbon tax?

Jan 14, 2013
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An oped of mine was published by the Vancouver Sun today: What’s next for BC’s carbon tax? Marc Lee Climate change forced its way onto the political agenda in 2012, as Hurricane Sandy ripped through the northeast United Stages just days before the election. And while action remains frustratingly slow, extreme weather disasters in the… View Article

Correction to carbon pricing paper

Jan 10, 2013
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An error has been found in my 2011 carbon pricing paper. In Table 2 on page 17 the results presented at the time of publication were per capita not, as stated, per household. Runs modeled using Statistics Canada’s Social Policy Simulation Database and Model (SPSD/M) for carbon tax must be done on a household basis…. View Article

A call for courageous leadership from BC parties in 2013

Jan 8, 2013
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As we head towards the May 2013 BC election, what I’d most love to hear from BC’s political leaders is evidence that they are ready to get serious about the defining issues of this era. In particular, I’m going to be looking for real leadership on the issues of climate change and inequality (what we… View Article

Letter: Continue LiveSmartBC Energy Incentive Program

Dec 19, 2012
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My letter to Christy Clark, Premier of BC; Rich Colman, Ministry of Energy and Mines; Mike de Jong, Ministry of Finance; Terry Lake, Minister of Environment; Adrian Dix, Leader of the Opposition; John Horgan, Official Opposition House Leader and Opposition Critic for Energy, Mines and Petroleum Resources; Rob Fleming, Opposition Critic for Environment: I am a writing as an economist and lead… View Article

Marc’s Letter from 2040

Dec 14, 2012
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The following comes from a short talk on a vision for a zero-carbon BC that I gave at a couple events this Fall. Many have asked for the text so I’ve posted it here, and we may try and turn it into a video. That said, I have been reluctant to do so up to… View Article

State of the BC Economy

Dec 4, 2012
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As we close out 2012, BC finds itself in some precarious economic waters. To recap, a massive housing bubble that built up through the naughties (2000s) finally burst in 2008, feeding a financial crisis, as extremely loose (some would say fraudulent) lending practices pushed housing prices up to spectacular, never-seen-before levels, and created a plague… View Article