Report looks at captured nature of BC’s Oil and Gas Commission

 

From an early stage, BC’s Oil and Gas Commission bore the hallmarks of a captured regulator. The very industry that the Commission was formed to regulate had a significant hand in its creation and, too often, the interests of the industry it regulates take precedence over the public interest.

This report looks at the evolution of the Commission, the phenomenon of captured regulators and some troubling examples of rules the agency was formed to uphold were systematically broken with few—if any—serious consequences for the companies that violated them or for the Commission failing to uphold them. These examples point to regulatory breakdown of a massive scale and the need for major reforms to better safeguard the public interest.

This report reveals that from an early stage BC’s Oil and Gas Commission bore the hallmarks of a captured regulator. The very industry that it was formed to regulate had a significant hand in its creation and, too often, the interests of the industry it regulates take precedence over the public interest.

This study looks at the evolution of the Commission, the phenomenon of captured regulators and some troubling examples of rules the agency was formed to uphold were systematically broken with few—if any—serious consequences for the companies that violated them or for the Commission failing to uphold them. These examples point to regulatory breakdown of a massive scale and the need for major reforms to better safeguard the public interest.

The report concludes with a list of recommended policy changes to address some of the more glaring shortcomings of the current regulatory approach with specific attention paid to ensuring the changes reflect the government’s avowed commitment to implementing the United Nations Declaration on the Rights of Indigenous Peoples.

This report is part of the Corporate Mapping Project, a research and public engagement initiative investigating the power of the fossil fuel industry in Western Canada. The CMP is jointly led by the University of Victoria, Canadian Centre for Policy Alternatives and the Parkland Institute. SOURCE

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