Game On: The Implications of the US Inflation Reduction Act for Canadian Competitiveness
The reality of climate change and the imperative to sharply reduce greenhouse gas (GHG) emissions is now being addressed by policymakers in many countries, with the potential to transform the underpinnings of the North American and global economy. This E-Brief examines US climate policy and industrial policy in the Inflation Reduction Act, assesses its coverage and […] Glen Hodgson – Budget 2023 Makes a Big Bet on the Zero-Emission Economy
From: Glen Hodgson To: Canadian budget observers Date: April 4, 2023 Re: Budget 2023 Makes a Big Bet on the Zero-Emission Economy Last week’s federal budget 2023 contains a number of initiatives aimed at ensuring competitive balance with the US Inflation Reduction Act (IRA) while promoting the low-carbon energy and industrial transition. Faced with the competitive threat from sweeping […] The Case for Small Nuclear Reactors with John Richards and Gary Rose
Solar and wind won’t get us all the way to Net Zero by 2050. On episode six of the C.D. Howe Institute Podcast, Simon Fraser University’s John Richards and OPG’s Gary Rose tell host Michael Hainsworth that Small Modular Reactors are the solution, and they’re coming sooner than you think.
Glen Hodgson – EU Climate Policy and Implications for Canadian Competitiveness
From: Glen Hodgson To: Canadians Concerned About Climate Policy and Competitiveness Date: March 23, 2023 Re: EU Climate Policy and Implications for Canadian Competitiveness Joe Biden’s US Inflation Reduction Act is not the only climate and industrial policy-related competitive challenge to Canada. The European Union – Canada’s second largest trading partner with a free trade and investment agreement in […] Taxonomie Canadienne : Les mains dans le Cambouis – La Presse Op-Ed
On ne peut nettoyer la planète sans se salir les mains, mais le cambouis doit s’arrêter aux coudes pour ne pas en prendre plein la figure.
C’est en moins coloré ce que propose une feuille de route pour établir une taxonomie canadienne afin d’attirer les capitaux dans les investissements verts et ceux dits de transition, en zone grise.
La taxonomie classe les activités économiques en s’appuyant sur des critères ancrés dans la science et les trajectoires menant à la cible net zéro carbone, d’ici 2050.
Le projet est parrainé par 25 banques, assureurs et caisses de retraite, dont la Caisse de dépôt, qui ont pris le relais après l’échec d’une tentative pour atteindre un consensus à plusieurs industries. Il a été…
Net Zero: The Plan to Have a Plan with Erica Myers and Brian Livingston
When it comes to reaching “net zero” emissions by 2050, Canada has a plan – to have a plan to reduce carbon in homes and businesses. That’s according to the University of Calgary’s Brian Livingston and Erica Myers in the fourth episode of the C.D. Howe Institute Podcast. Learn how we’d be better off spending a fraction of money reducing our home’s carbon footprint than buying an electric car.
Charles DeLand – What’s Under the Hood of Ottawa’s Emissions Reduction Roadster?
To: Canadians Concerned about Climate Change From: Charles DeLand Date: February 22, 2023 Re: What’s Under the Hood of Ottawa’s Emissions Reduction Roadster? Like many governments around the world, Canada’s federal government proposes significant policy changes to reduce emissions. More than just significant, the changes propose to alter many industries. This is not to say there will not be […] Canada On Track to Miss Ottawa’s Emissions Reduction Target by Half
Last March, Ottawa announced its target for greenhouse gas emissions in 2030. It wants them reduced 40 percent by 2030, from 740 million tonnes (MT) of CO2-equivalent in 2019 to 442 MT. Setting targets is a lot easier than hitting them. Ottawa’s Emissions Reduction Plan is long on policies and programs but short on what needs to […] Glen Hodgson – How Should Canada Respond to the US Inflation Reduction Act?
From: Glen Hodgson To: Canadians Interested in Economic Competitiveness Date: January 31, 2023 Re: How Should Canada Respond to the US Inflation Reduction Act? The reality of climate change and the imperative to reduce GHG emissions is now being addressed by policymakers in many countries, most notably in new comprehensive US legislation. The Inflation Reduction Act […] Canada’s Oil Sands Are Poised to Be the Last Barrel Standing
A previous Graphic Intelligence showed that oil sands production will continue if the expected price doesn’t dip persistently below C$40. Even then, some producers will continue to produce at any expected price above the C$15-C$20 range. How does that compare to other competing production? We can gain significant insight into the average costs of conventional […] Brian Livingston – Missing the Emission Reduction Mark: Let Us Count the Ways
The federal government’s ambitious Emissions Reduction Plan (ERP) sets out targets for seven economic sectors as it aims to cut 2030 emissions by 42 percent from 2019 levels. But the ERP is merely a plan to have a plan. It contains no specific steps to meet its targets, or any mechanism for measuring the progress towards such […] Oil Sands Production Versus Global Oil Prices
Canadian and global climate change ambitions are generally associated with a goal of reducing reliance on fossil fuels. Within this context, the Canadian oil sands have been characterized as “too expensive” to maintain production if global crude oil demand falls, a view that appears regularly in the media and even in government reports. Canadian oil […]