With Mark Carney stepping in as the new leader of the federal Liberal Party, Canada’s carbon pricing system faces a critical juncture. Long a proponent of market-driven climate policy, Carney inherits a system designed to reduce emissions while maintaining economic competitiveness. The current framework consists of a consumer-facing fuel charge, … [continued]
The IMO has a bold new plan to address shipping emissions from oceangoing cargo ships by taxing each ton of carbon dioxide emitted.
Capitalism isn’t broken, per se. The challenge is that no country is actually using it correctly. The basic premise of capitalism is that the price of a good or service reflects basic market forces — supply & demand. But what if the price doesn’t accurately measure the true cost? If … [continued]
How did Canada get its citizens to go along with a carbon tax? They turned the proceeds over to the people.
The American Petroleum Institute (API) said Thursday it supports a federal tax on carbon dioxide as a “framework” to address climate change, along with a call for minimizing “duplicative regulations,” but with few details. The announcement from the largest trade group representing the oil and gas industry was criticized from across the political … [continued]
Exxon has a business plan — drill more wells and pump more oil. So much for protecting the environment.
If you think about the goal of the Paris Agreement to halve global carbon emissions in the next 10 years to keep the world on track to limit temperature rise to 1.5C, it in itself might seem, and frankly might actually be, impossible. But you don’t get points for not trying, we are all in this together, and the sooner a small country like Denmark can show concrete results from functional climate legislation, larger countries just might follow.
Forward by Kurt Lowder My friend and mentor, Bill Hurly, now retired, has found a fulfilling mission in fighting for climate change. He has been heavily involved with Citizens’ Climate Lobby (CCL) in San Antonio, Texas. I have attended a number of his presentations on the topic of climate change … [continued]
Brian Looney, the new CEO of BP, says his company will slash emissions from operations by 2050. But there’s more. He also says it wants to cut emissions from the oil and gas it sells.
Last month, the IMF released its Fiscal Monitor, a biannual report on how to mitigate climate change. The report argued that it is possible to switch from a reliance on fossil fuels to cleaner energy and still sustain vigorous economic growth and generate employment. However, for this to take place, countries needed to distribute the costs and benefits in a manner that supported those that really needed it.
