Description
Book Synopsis2019/20 The Donner Prize WinnerIs a national consensus on hydrocarbon development possible?The ongoing debate in Canada over the extraction of hydrocarbon resources and their transportation to markets exemplifies the country's political polarization.
Breakdown explores these tensions through economic, environmental, and political perspectives.
The Trudeau Liberals and Alberta's one-term NDP government attempted to find a compromise that satisfies the concerns of British Columbia, Canada's First Nations, and environmentalists. But they still could not break the impasse on the Trans Mountain Pipeline expansion. With new players now at the table, can Canada find a reasonable path forward?
Trade ReviewBreakdown addresses arguably one of the most contentious and consequential sets of policy issues facing Canada today – the nexus of resource development, climate change, Indigenous rights and Alberta alienation. It presents the history of four pipeline projects and overlays the political decisions that have resulted in many projects not being supported or being delayed significantly. McConaghy outlines several pragmatic strategies that can be used to reduce or remove the bottleneck to move large infrastructure projects forward (or create earlier certainty that they should not) so that investment (domestic and foreign) will be attracted to Canada. * The Donner Prize jury citation *
Table of ContentsForeword
Introduction
Part One: The Problem
1. Squaring the Circle
2. 2016: Incoherence and Contradictions
3. 2017: Revivals and Lost Options
4. Bill C-69: Poison Pill
5. Marching with Your Feet: TMX Bungled
6. Late 2018: Blows on a Bruise
Part Two: Solutions
7. Finding a Way
8. A Rational Approval Process
9. Climate Policy for Canada — to Unify or to Polarize?
10. An Inconvenient Reality
11. Breakdown
Epilogue
Acknowledgements
Notes
Further Reading
Image Credits
Index
