Good for the Economy? An Ecological Economics Approach to Analyzing Alberta’s Bitumen Industry
Gerda J. Kits
Ecological Economics, 2017, vol. 139, issue C, 68-74
Competing claims about the economic, social and environmental impacts of bitumen projects make Alberta's oilsands industry highly contentious. This paper uses a case study of a major bitumen project, Shell Canada's Jackpine mine expansion, to examine the evidence considered by government decision-makers in the project approval process. The project was determined to be “in the public interest” based primarily on its economic benefits, despite significant adverse environmental and social impacts. The paper evaluates the evidence that was presented to support this decision, using three criteria drawn from ecological economics: efficient allocation, just distribution, and sustainable macroeconomic scale. It finds that the evidence presented is, in fact, insufficient to justify the project on any of the three criteria. Furthermore, other studies of the bitumen industry cast doubt on the likelihood that the project would satisfy these criteria if further analysis were conducted. It concludes by recommending several measures that could help to improve decision-making on bitumen projects in the future.
Keywords: Bitumen; Oilsands; Alberta; Resource policy; Ecological economics (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:139:y:2017:i:c:p:68-74
Access Statistics for this article
Ecological Economics is currently edited by C. J. Cleveland
More articles in Ecological Economics from Elsevier
Series data maintained by Dana Niculescu ().