Ontario is on the verge of becoming the very first North American jurisdiction to take a giant step to full Kyoto compliance. Some time soon, energy minister Dwight Duncan will announce the provincial government’s plans for adding refurbished or new nuclear capacity to Ontario’s system. Even if Duncan limits his focus to just the...
Kyoto
The European emission trading scheme: market volatility teaches some early, hard lessons
There is a lot of flak and confusion surrounding the recent drama over the EU’s emission trading scheme (ETS). The price of carbon permits crashed last week when some market participants suddenly revealed they had more permits than expected. (For the scheme to be effective, permits must be scarce and therefore expensive enough to...
Polls
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