The abysmal economics of LNG

Sep 26, 2016
In the lead up to the last provincial election, British Columbians learned about an economic panacea named LNG – Liquefied Natural Gas. This new industrial sector would take vast amounts of fracked gas pipelined from Northeast BC, and convert it to liquid form for shipment to Asia, where high prices would justify multi-billion dollar investments. BC,… View Article

The New Climate Denialism: Time for an intervention

Sep 22, 2016
For decades, the urgent need for climate action was stymied by what came to be known as “climate denialism” (or its more mild cousin, “climate skepticism”). In an effort to create public confusion and stall political progress, the fossil fuel industry poured tens of millions of dollars into the pockets of foundations, think tanks, lobby… View Article

Previewing Canada’s climate action plan

Sep 21, 2016
It’s been six months since First Ministers unveiled the Vancouver Declaration on Clean Growth and Climate Change. At the time, the Declaration was somewhat of a disappointment: no new national greenhouse gas reduction target, no consensus on carbon pricing, and a parallel push for pipelines (for a review and analysis, see this post). Basically, Ministers agreed to… View Article

Investing in youth aging out of foster care

Sep 20, 2016
It should be enough to know that it is the right thing to do. We should support foster youth in their transition to adulthood—youth for whom we are collectively responsible—in the same way that families support their own children. But we don’t. Over 60% of 20-24 year olds in BC live in their family homes, benefitting not… View Article

An increase so small it keeps minimum wage workers in poverty

Sep 20, 2016
Today, BC’s lowest paid workers get a 40-cent raise. The latest increase of the provincial minimum wage—now $10.85 per hour for most workers isn’t much to celebrate. It works out to an extra $16 per week for someone working full-time – and that doesn’t stretch far in a province with such high cost of living…. View Article

Rising housing prices fuel the growing gap

Sep 19, 2016
Vancouver is now a “city of millionaires”, according to Environics’ 2016 Wealthscapes report: In B.C., the red-hot real estate market fueled a rise in average net worth, producing Canada’s first “city of millionaires”: Vancouver. In 2015, the average net worth of Vancouver households hit $1,036,202 – an impressive 7.1 percent increase over the previous year. You are forgiven if… View Article