Environmental risks not the only reason to keep the moratorium
December 4, 2001 |
(Vancouver) A report released today by the Canadian Centre for Policy Alternatives finds that offshore oil and gas development off BC's coast will not bring the hoped for levels of wealth or job creation to the province. Should BC Lift the Oil Moratorium? Economic Lessons from Hibernia draws on the Newfoundland experience to determine what British Columbians might expect from lifting the offshore oil moratorium.
The boom that was not
Economic lessons for BC from the Hibernia offshore oil project