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DOI10.1016/j.enpol.2020.111711
Evaluating British Columbia's economic policies for liquefied natural gas development
Gunton C.; Markey S.; Werker E.
发表日期2021
ISSN03014215
卷号151
英文摘要Interest in developing liquefied natural gas (LNG) has recently increased with global demand rising at a higher rate than any other fossil fuel in the last ten years. While the increase in demand for LNG has created an opportunity for countries with natural gas stocks, there is a significant amount of competition among these producing countries. As a result, jurisdictions have been implementing policies and subsidies to enhance their competitiveness in the global LNG market. We investigate the impact of this phenomenon in one gas-rich region, British Columbia, Canada, where the provincial government has promoted the development of a large-scale LNG industry. Drawing from staple theory, we explore how government policy has been shaped by the needs of the resource sector to provide incentives for expansion without undertaking comprehensive evaluation of the costs and benefits. As a result, the benefits of the expansion are overestimated, while the costs are underestimated. Our analysis shows that a more comprehensive and transparent evaluation of resource development policies is necessary to avoid suboptimal policies and ensure that development is in the public interest. © 2020 Elsevier Ltd
关键词Energy policyFiscal regimeLNGNatural gasResource developmentStaple theory
英文关键词Expansion; Fossil fuels; Gas fuel purification; British Columbia; British Columbia , Canada; Comprehensive evaluation; Costs and benefits; Economic policies; Liquefied Natural Gas (LNG); Natural gas development; Resource development; Liquefied natural gas; competition (economics); cost-benefit analysis; demand analysis; economic policy; energy market; energy policy; liquefied natural gas; resource development; theoretical study; British Columbia; Canada; Columbia; Matthiola
语种英语
来源期刊Energy Policy
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/205121
作者单位School of Resource and Environmental Management, Simon Fraser University, TASC2 8900, 8888 University Drive, Burnaby, BC V5A 1S6, Canada; Segal Graduate School, Beedie School of Business at Simon Fraser University, 500 Granville St, Vancouver, BC V6C 1W6, Canada
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Gunton C.,Markey S.,Werker E.. Evaluating British Columbia's economic policies for liquefied natural gas development[J],2021,151.
APA Gunton C.,Markey S.,&Werker E..(2021).Evaluating British Columbia's economic policies for liquefied natural gas development.Energy Policy,151.
MLA Gunton C.,et al."Evaluating British Columbia's economic policies for liquefied natural gas development".Energy Policy 151(2021).
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