To read new posts, see the Canadian Energy Issues homepage The value of a carbon cap and trade system, or a carbon tax, hangs on whether it raises enough money to pay for meaningful carbon emission reductions. To be effective in reducing emissions, a cap-and-trade scheme, or a carbon tax, has to raise enough...
Kyoto
Nuclear part of Obama’s climate strategy
Any worries that president-elect Obama would swing away from his predecessor’s pro-nuclear policies were assuaged yesterday when Obama told a U.S. governors climate summit that his administration “will tap nuclear power” in order to to “catalyze private sector efforts Blog this! Bookmark on Delicious Digg this post Recommend on Facebook Share on Linkedin share...
Europe and America still out of step on climate change policy: role reversal
Eight years ago, European elites reacted with puffed-up outrage when the new U.S. president, George W. Bush, decided he wouldn’t ask the Senate to ratify the Kyoto Treaty. Though Bush’s decision was based on sound energy policy and sounder politics (see article), the euro-elites haughtily struck him off their Christmas list, permanently. Most have...
Europe backpedals on climate policy: carbon abatement too expensive
The European Union’s climate change policy, much loved by Canadian environmentalists, has become the subject of increasingly bitter bickering in Europe. At issue is the EU’s official commitment to cut greenhouse gas (GHG) emissions by 20 percent by 2020, and to ensure that renewable energy sources provide a fifth of all energy. The countries...
EDF on the move: French nuclear juggernaut rolls over UK—is America next?
A couple weeks ago, the French nuclear utility, EDF, offered to buy British Energy, its UK counterpart, for the equivalent of around $22.8 billion Canadian. More recently, EDF tried to elbow Warren Buffet’s MidAmerican Energy Holdings out of the bid to acquire Constellation Energy, a Baltimore-based electric utility whose generating fleet includes five nuclear...
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