Major pipelines over budget, cancelled or facing fierce opposition
Just three days before Christmas, British Columbians received a surprise gift: a pipeline rejection. The BC Utilities Commission denied the application by FortisBC to build a $327 million gas pipeline in the fast-growing south Okanagan.
One of the biggest climate stories in Canada in 2024 might well prove to be a project that, so far at least, few in the country have heard of — Ksi Lisims LNG.
In recent years, the "progressive YIMBY” (Yes, in my backyard) movement has embraced the idea that a surge in market-housing supply will magically lead to affordability.
However, all housing supply is not created equal. Despite a construction boom building thousands of new market units of multi-family supply, affordable housing remains elusive for over a third of British Columbians. The economic theory is not producing the promised housing affordability.
The federal government faced fierce external pressure to abandon or weaken its plan to cap oil and gas sector emissions from provincial governments and industry lobby groups in the lead-up to its announcement last week.