Economic Note providing an overview of the shale gas development debate from the point of view of landowners
The possibility of developing shale gas in the St. Lawrence Lowlands caused quite a stir in Quebec between 2008 and 2012. In this public debate, the projects put forward for developing this resource did not pass the test of social acceptability. The voices of environmentalist groups, well-organized and omnipresent in the media, carried further than those of industry promoters. Between these two poles, there are also those who have natural gas wells on their land.
Viewpoint contrasting the economic costs or benefits of select energy choices for the province of Quebec
Quebec is blessed in terms of the energy resources available on its territory. Most obviously, there is the province’s vast hydroelectric capacity, which produces 96% of its electricity. This month, the government made public a series of reports suggesting that it might soon be ready to move forward and allow oil development in the province. In light of this news, it is worth reconsidering some of Quebec’s energy choices to see which kinds of policies might enrich, rather than impoverish, Quebec taxpayers.
Economic Note explaining the collaborative model of natural resource development that has benefitted, among others, the Cree of Quebec
Northern Quebec overflows with mineral resources whose development could generate substantial economic activity. To derive benefits from these resources successfully, businesses, the government and local communities—many of which consist of Aboriginal populations—must collaborate in order for everyone to have an interest in the economic success of development projects.
Research Paper evaluating the costs of an accelerated transition toward green energies and the willingness of Canadians to pay these costs
Policies designed to accelerate the transition to green energy sources are usually presented in terms of their benefits, whereas costs are rarely discussed. This Research Paper proposes to fill this gap in the public debate. It examines the costs of proposals made by the Quebec environmentalist groups Équiterre and Vivre en ville for rapidly reducing oil consumption, as well as the willingness of Quebecers and other Canadians to pay those costs.
Economic Note on the efficiency of reducing greenhouse gas emissions by subsidizing electric cars
While there were only 100,000 electric cars in the world at the beginning of 2012, the number of units on the road passed the 400,000 mark in early 2014. The subsidies offered by various governments have had a lot to do with this very rapid increase. These are motivated in large part by reduction targets for greenhouse gases (GHGs) and for the consumption of petroleum products. In Canada, the transportation sector emits nearly a quarter (24%) of all GHGs. This is why Ontario and Quebec are proposing incentives to electrify personal transportation.