How will power systems and markets develop in the upcoming wave of new generator construction? I have predicted mergers between fossil and nuclear power generators as gas prices rise and pressure mounts to put a price on carbon emissions. Well, one such merger may be in the offing. The Sunday Telegraph reports that just...
Carbon tax
WCI carbon quantification, price remain unclear, but cap-and-trade scheme might work for Canada
Ontario announced Friday it will join the Western Climate Initiative (WCI). This brings WCI’s membership to 11 provinces and U.S. states, making it one jurisdiction bigger than the Regional Greenhouse Gas Initiative (RGGI). The move has been generally hailed as progressive, though few have asked why Ontario is joining WCI, which is a long...
McCain’s balancing act: carbon cap-and-trade versus jobs
Despite rumours to the contrary, John McCain has not dropped carbon cap-and-trade as a fiscal mechanism to fight climate change. The apparent source of the rumours is the fact that cap-and-trade not mentioned in his Jobs for America briefing paper. However, it does figure prominently on the first page of his website’s Plan on...
British Columbia’s carbon tax lays ground for Kyoto electoral test Part II
On Canada Day, I bought 43 litres of gasoline at a filling station just north of Parksville, British Columbia. This was the first day of the provincial carbon tax of 2.4 cents per litre, so the tax accounted for about $1.03 of my purchase. Of course, I didn’t figure that out until later. At...
McCain’s jab: presidential hopeful touts cap and trade in the fight against climate change
U.S. presidential candidate John McCain talked up energy and the environment in a campaign speech in Ottawa this afternoon. Climate climate figured prominently in his speech. McCain called for cap and trade as an effective way to reduce carbon emissions, underscoring the importance of the first punch in the decisive one-two combination that will...
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