Key recommendations to the BC oil and gas royalty review
The oil and gas industry is a marginal player in BC’s overall economy, yet has far-reaching environmental impacts, is inconsistent with global climate action, and undermines First Nations’ rights and title. And yet, since BC started to implement climate action targets and policies in 2007, gas production has doubled.
This submission to BC’s oil and gas royalty review begins with the increasingly obvious requirement that the oil and gas sector needs be phased out due to the urgent need to address climate change. Major changes are needed to for the industry to be managed for wind down, this submission key recommendations for changing the BC’s oil and gas royalty program as it transitions to that wind down.
About the authors
Marc Lee
Marc Lee is a Senior Economist with the Canadian Centre for Policy Alternatives. Marc joined the CCPA’s British Columbia office in 1998, and is one of Canada’s leading progressive commentators on economic and environmental policy issues. From 2009 to 2015, Marc led the CCPA’s Climate Justice Project (CJP), which published a wide range of research on fair and effective approaches to climate action through integrating principles of social justice. Marc continues to write about climate and energy policy, strategies for affordable housing, federal and provincial budgets and macroeconomics. Marc has an MA in Economics from Simon Fraser University and a BA in Economics from the University of Western Ontario. Marc is a past chair of the Progressive Economics Forum, a national network of heterodox economists. He also served as a Visiting Professor at Simon Fraser University’s School of Public Policy in 2024 to 2025.
Ben Parfitt
Ben was a resource policy analyst at the CCPA-BC.
