Last November I speculated that the low price of carbon permits in the European emission trading scheme (ETS) was a hint that European governments were not as brave about tackling climate change as their rhetoric might suggest. The low price…
Category: Cap and trade
Canada’s emission reductions ignored by green lobby
Canada has achieved major greenhouse gas reductions in recent years (see article). This is due almost entirely to reductions in Ontario’s power generating sector, where emissions were 15 million tonnes lower in 2006 than in 2003. It’s depressing that nobody…
Who’s to blame for Canada’s Kyoto impasse?
Canada’s environment minister, John Baird, said yesterday that implementing the Kyoto Treaty in its current form will harm the economy. The opposition and green lobby insist that Canada implement the treaty anyway, in the name of living up to our…
Should Ontario trade carbon with the U.S.?
There has been speculation recently that Ontario is mulling over the prospect of joining an emission trading scheme. The scheme in question, the Regional Greenhouse Gas Initiative (RGGI), covers power generation in nine northeastern states, and is America’s first mandatory…
Sugar-crazed Official Opposition overlooks flaw in Clean Air amendments
Yesterday’s giant cake in the Bill C-30 committee room generated a bit of media attention, but probably not as much as some opposition members had hoped. Just as well. Most opposition members and onlookers failed to notice a fundamental flaw…