Wednesday, October 8, 2014
119 12th Avenue SW
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Is Social License a License to Stall?
A part of the TransCanada Corp. Regulatory Frameworks Program.
Canada's regulators act in the public interest to review energy and infrastructure project applications. Regulators are guided by procedural fairness and follow a transparent application, review and hearing process with data filings and sworn testimony.
But that’s changing.
“Social license” is a relatively new term which some interests are using to create a different standard for the approval of projects – especially energy projects. According to social license advocates, projects must meet often ill-defined requirements set up by NGOs, local residents or other interests – a new hurdle for project approval, but without the rigour and rule of law of a regulator.
Is social license a meaningful addition to the regulatory process, or is it being used as a constantly moving goal-post designed to slow down regulatory processes, delay project implementation, frustrate energy infrastructure expansion and even enrich those advocates who promote it as new model?
To view the program, click here.