Energy & Infrastructure
Natural resources are, and will continue to be, a crucial component of the economic well-being of British Columbians. To advance BC's prosperity, we must responsibly develop new forms of energy resources and build the necessary infrastructure to connect them with global markets. The Council’s work supports the efforts of businesses and governments to develop resource projects, energy systems and transportation networks in a way that minimizes the environmental impacts and maximizes economic benefits for communities and BC’s job creators.
Global Electric Renewables
The data is clear: transitioning to a less carbon-intensive global energy system is necessary if the world is to have any prospect of addressing climate change. The process is underway, and although renewables still make up a relatively small percentage of total global energy production and consumption, their contribution is growing.
Release: LNG Canada Investment Marks a Clean Start for Economic Growth
BCBC today welcomes the LNG Canada joint venture participants’ final investment decision to build an LNG export facility in Kitimat, B.C.
Energy Production, Consumption and Trade: How Canada and B.C. Stack Up
If British Columbia or Canada ceased to exist tomorrow, the greenhouse gas emissions eliminated from energy production and consumption relative to the global total would be equivalent to a rounding error.
Statement from BCBC regarding Federal Court of Appeal Ruling
The Business Council of British Columbia has released the following statement from President and Chief Executive Officer, Greg D’Avignon regarding this week’s ruling by the Federal Court of Appeal
RELEASE: Professional Reliance Review Report Provides Solutions Looking for a Problem
The Business Council of British Columbia has significant concerns with the recently released Professional Reliance Review Report which has offered a series of recommendations related to the province’s professional reliance model.
SUBMISSION: Bill C-69 Impact Assessment Act and Related Discussion Papers
The Business Council has significant concerns with Bill C-69 and with some parts of the related discussion papers.
Release: BCBC Statement Following May 24 Court Decision on TMX
Greg D'Avignon, President and Chief Executive Officer of the Business Council of British Columbia issued the following statement following today's BC Supreme Court rulings related to the Trans Mountain Pipeline Project:
"Certainty of process is fundamental in any democracy. The Business Council continues to urge the federal and provincial governments to adhere to and support all regulatory processes they have established."
BCBC on Premier Horgan's "Crisis of Confidence"
"This is no longer about a pipeline project or whether one supports or opposes the legal movement of energy in Canada....this is a referendum on whether British Columbia is open to investment and whether a legal enterprise can, with any confidence, invest, build and operate a business within the province and the country."
RELEASE: BCBC welcomes important step in advancing LNG in B.C.
The Business Council of British Columbia today welcomes news of a Fiscal Framework Agreement between the Province of B.C. and LNG Canada. The completion of this agreement signals an important step towards the realization of a major LNG project in the province and the largest infrastructure project in Canada’s history – a project that promises to generate lasting economic benefits for all British Columbians.
SUBMISSION: Clean Fuel Standard Regulatory Framework
Business Council comments on the proposed Clean Fuel Standard Regulatory Framework released by Environment and Climate Change Canada in December 2017.
2015 Paris Agreement - About, Achievements, and Accounting
The 2015 Paris accord is the latest installment of multilateral agreements aimed at addressing the rising concentrations of greenhouse gas emissions (GHGs) in the earth’s atmosphere. Paris flows from the 1992 United Nations Framework Convention on Climate Change.
Statement from BCBC on Increasing Risks to BC's Investment Climate
In response to the Provincial Government’s announcement that it intends to restrict the movement of diluted bitumen through the province, Greg D’Avignon, President and Chief Executive Officer of the Business Council of British Columbia, has released the following statement:
BCBC in 2017: Advancing Ideas and Actions....
In the final days of 2017, we’ve taken a moment to review the 119 publications, submissions to government, opinion editorials and blogs produced by the team at the Business Council of British Columbia. In addition to highlighting our major works, we’ve put together a compilation which revisits the most popular pieces and provides an overview of the range of issues that have garnered attention this year.
BCBC Statement on Provincial Government Decision to Complete Site C
We wish to recognize Premier Horgan and his cabinet colleagues for their decision today to proceed with the completion of the Site C dam. Once operational, this generational asset will provide clean, firm power within a basket of renewable assets that will support our province’s growing low-carbon commodity and energy exports in a world hungry for what BC produces. This is the right decision for British Columbia and Canada’s energy and climate future.
Finlayson & Mullen Op-Ed: Fossil fuels remain key to energy future, according to report (Troy Media)
The International Energy Agency’s Annual World Energy Outlook 2017 was released in early November. It provides a useful update on the shift to a lower carbon global energy system. The stepped-up deployment of clean energy technologies and moves towards electrification continue in many nations. At the same time, rising investment in energy efficiency is lessening the need for supply additions. However, fossil fuels still represent the bulk of global energy production and will continue to do so for the foreseeable future.
D'Avignon: Site C will be a strategic asset for a growing economy in the fight against climate change (Globe and Mail)
Is walking away from Site C really in the best interest of British Columbia’s future?
World Energy Outlook 2017
The top-line findings of the report…there is hopeful news on the ongoing transition to a lower carbon global energy system.
Dear Premier Horgan: Let's Build Site C
Having considered the evidence, including the BC Utilities Commission’s (BCUC) recent report, our reputational risk and the anticipated significant electricity demand as we accelerate into the digital age and low carbon economy, we offer our support for completing the project, for several reasons – some of which are also referenced in a recent submission from the BC Building Trades unions.
PRESENTATION: BCBC Testimony on the Oil Tanker Moratorium Act
BCBC presentation to the Canadian House of Commons Standing Committee on Transportation, Infrastructure and Communities on Bill C-48 - Oil Tanker Moratorium Act
BCBC STATEMENT on the Government of Canada's Fall Economic Update
Business Council of BC Urges Stronger Action to Tame the Federal Deficit and Improve Canada’s Competitiveness
The Business Council of British Columbia offered the following comments on today’s Economic and Fiscal Update presented in the House of Commons by Finance Minister William Morneau.
“We welcome news that the federal government’s budget deficit is shrinking more quickly than expected, mainly thanks to stronger economic growth so far in 2017,” stated Greg D’Avignon, the Business Council’s President and CEO. “Having said that, with the Canadian economy operating close to capacity, we believe the government should be aiming to achieve a balanced operating budget sooner than they are currently projecting.”