This presentation provides a summary of Alberta’s oil and gas royalty performance, identifying two key shortcomings in existing policy: (1) There has been insufficient effort by governments to facilitate a broader public understanding of Alberta’s oil and natural gas resources and (2) The resource management notion of “In-Trust” needs to be given a more prominent policy role in the pursuit of inter-generational equity – securing benefits future generations. See RoyaltyInTrust16.01.07
This blog posts my submission to the Alberta Climate Change Advisory Panel. It recommends a $100/tCO2 levy on oil sands emissions based on: (a) the expressed desire from Alberta’s customers that the Province demonstrate meaningful action on climate change and (b) that, at an equivalent $1.00/barrel produced, such a levy would be easily affordable without damaging investment or jobs. Click OilSands&CarbonAction(2) to see the submission.
This blog article recommends against the royalty/fiscal recommendations pursued by the authors of the Sept. 23rd C.D. Howe Institute report. See HoweReportMisguided
The article describes how Norway captures a higher share of upstream oil and gas revenues through good fiscal system design – see NorwayShareExplained