B.C.’s Oil and Fuel Fee bears most of the hallmarks of a captured regulator. Too typically, the pursuits of the trade it regulates take priority over the pursuits of the general public it is usually meant to serve.
Take into account these three obvious examples:
• In spring 2017, reviews surfaced that firms drilling and fracking for pure gasoline in northeast B.C. had constructed dozens of dams with out as soon as bothering to submit their dam-building plans to anybody. It was later found that a type of “unlawful works” (as deemed by B.C.’s Environmental Evaluation Workplace) was as tall as a seven-storey constructing. Many others have been so poorly constructed they have been vulnerable to collapse — posing grave public security and environmental risks. The fee by no means as soon as fined any of the businesses that constructed the dams.
• Later in 2017, information emerged that quite a few pure gasoline wells that firms had drilled and fracked have been leaking and…