The natural gas boom has helped reduce carbon dioxide emissions in the energy sector.
Fracking in Canada is highly regulated, with extensive governmental oversight and self-imposed industry best-practices.
There’s never a dull moment in the debate over the safety of hydraulic fracturing.
Canada’s federal equalization program is motivated by good intentions. However, the program has unintended consequences, and creates perverse incentives that have allowed at least two “have-not” provinces to shun sensible economic opportunities.
New Brunswick Premier Brian Gallant, seems poised to follow through on a campaign promise to institute a moratorium on hydraulic fracturing.
In the recent New Brunswick election, an unremarkable engineering activity apparently took front and centre: hydraulic fracturing for natural gas, popularly known as fracking.
Back in Canada’s pre-Confederation days, one selling point for uniting the then-disparate British provinces was to drop existing barriers to commerce. The hope was for a country with a free-flow of trade and services in which all could potentially prosper.
Nova Scotia’s government recently announced it would table legislation to establish a moratorium on the practice of hydraulic fracturing (or “fracking”) for the production of natural gas in the province. The ban, which follows a lengthy report on the safety of hydraulic fracturing, is indefinite, but not permanent. (One is reminded of the saying that there is nothing more permanent than a temporary tax.).