How well is “The Climate” represented when it comes to government spending, organized lobbies, and media coverage? Since its inception in 2006, this blog has covered the issue of carbon pricing—through cap and trade or an outright tax. I have tracked carbon pricing policy development/implementation in Canadian governments at the municipal, provincial, and federal level.…
Cap and trade
Carbon pricing and nuclear power: how to fix cap and trade
Since beginning this blog, I have called for some kind of price on carbon dioxide (CO2), either through a tax or a cap-and-trade system. My reasoning is that this would spur investment in nuclear power, which is, demonstrably, the cleanest way to make electricity on a large scale. Other supporters of a CO2 price, like Lee…
U.S. zigs on climate, Canada zags
The Canadian government’s follow-the-U.S. strategy on climate policy is still paying off, in petro-dollars. As I mentioned back in December, Canada gambled that the U.S. won’t make any environmental moves that hurt Canada’s oil industry. Of course that is a safe bet: America imports most of its oil, and Canada is its biggest foreign supplier. But with…
Nuclear energy and the CDM: you gotta keep ’em separated
Readers should note that I have reversed my position on whether nuclear energy projects should be eligible under the Clean Development Mechanism (CDM). The CDM was established by the United Nations under the Kyoto Treaty, and allows greenhouse gas (GHG) emission reduction projects in developing countries to earn emission reduction credits that industrialized countries can buy…
Cap and trade dead as Dark Green Spread reappears in North America
There is no way a North American cap and trade system will emerge in the near future. That prospect died when the U.S. president showed at the Copenhagen climate conference that he can’t, and won’t, pursue the environmental policies the green lobby demands. Probably just as well. The continental price of natural gas, the most…
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