Cost-benefit analysis of offshore oil and gas development in Newfoundland and Labrador

Petition: 356

Issue(s): Climate change, federal-provincial relations, natural resources

Petitioner(s): Resident of Canada

Petitioner Location(s): St. John’s, Newfoundland and Labrador

Date Received: 23 January 2014

Status: Completed—Response(s) to petition received

Summary: The petitioner is concerned about greenhouse gas (GHG) emissions resulting from offshore oil and gas development in Newfoundland and Labrador. The petitioner asks the federal government if it has carried out a cost-benefit analysis of the overall offshore oil and gas development in this area, including an analysis of fiscal revenues and costs. In addition, the petitioner asks about the related total GHG emissions, calculated on the basis of a life-cycle assessment.

Federal Departments Responsible for Reply: Environment Canada, Finance Canada, Natural Resources Canada