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Legislative And Regulatory Frameworks

Decent Essays

This section will deal with government’s legislative and regulatory frameworks in fossil fuel industries. Because fossil fuel industries play a big role in Canada’s economy, it can affect a large proportion of a population. Therefore, government’s involvement in legislative and regulatory frameworks must be effective as Harvie notes in his study that an intention of government’s legislative and regulatory involvement in fossil oil industries “is to develop an outcome based land use decision-making process that promotes sustainable economic growth by balancing economic activities with social and environmental goals” (Harvie, 296). Because foreign investors own the majority of the largest oil companies in Canada’s oil industries, one of the prominent

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