The Federal Climate Plan Provides The Clarity That Canada’s Economy Needs – Globe And Mail Op-ed
The horse is out of the stable. Earlier this month, the federal government announced its plan for meeting Canada’s targets for greenhouse gas emissions under the Paris Agreement, the centrepiece of which is a carbon price of $170 per tonne of greenhouse gas emissions in 2030. Ottawa also announced that it will explore using border carbon adjustments to address “carbon leakage,” and will forgo a Clean Fuel Standard for gaseous fuels.
To those who are suspicious of Ottawa, this plan may feel like a jab at Canada’s beleaguered petroleum industry. And to be sure, the painful adjustments involved should not be downplayed. Based on today’s engineering, a $170-per-tonne carbon price would mean much higher costs for oil sands…
Van De Biezenbos, Coleman – Yes He Can: Joe Biden’s Power To Stop Pipelines
From: Kristen van de Biezenbos and James W. Coleman To: Keystone XL Observers Date: December 8, 2020 Re: Yes He Can: Joe Biden’s Power to Stop Pipelines On January 20, 2021, the United States will inaugurate Joe Biden as its 46th President and energy investors and policymakers will be closely watching his first actions in office – particularly his […] Glen Hodgson – How Much Investment Is Required To Reduce Ghg Emissions Without Sacrificing Growth?
From: Glen Hodgson To: Canadians concerned about green growth Date: November 27, 2020 Re: How Much Investment is Required to Reduce GHG Emissions Without Sacrificing Growth? In the extensive debate on the policies and innovation required to reduce Canada’s GHG emissions while achieving solid economic growth, discussion on the scale and distribution of investment needed has been absent, […] Bishop, Shaffer, Ragab – Other Options For Time-of-use Electricity Pricing In Ontario
From: Grant Bishop, Blake Shaffer and Mariam Ragab To: Greg Rickford, Ontario Minister of Energy Date: November 3, 2020 Re: Other options for time-of-use electricity pricing in Ontario Starting November 1, Ontario consumers gained the option to pay for electricity at a fixed price regardless of the time of day. Ontario’s government eliminated time-of-use pricing from June 1 to […] The Price of Power: Comparative Electricity Costs across Provinces
Power Consumers Face Widely Varied Costs Across Provinces Electricity prices and pricing structures vary widely across provinces, with Alberta, Ontario and Nova Scotia consumers facing the highest power costs. Authors Grant Bishop, Mariam Ragab and Blake Shaffer provide an interprovincial comparison of power prices across Canada, and explore how overall electricity costs matter for economically […] Grant Bishop – Supreme Court Should Recognize Ottawa’s Exclusive Ghg Jurisdiction But Find The Carbon Price Backstop Unconstitutional
From: Grant Bishop To: Supreme Court of Canada Date: September 28, 2020 Re: Supreme Court should recognize Ottawa’s exclusive GHG jurisdiction but find the carbon price backstop unconstitutional Against the backdrop of intensifying climate change, the Supreme Court last week began hearing arguments on the constitutionality of the Greenhouse Gas Pollution Pricing Act – the federal carbon-pricing backstop. Its […] Jon Johnson – An American Dispute Resolution Proposal Arrives With A Softwood Ruling
From: Jon Johnson To: US Trade Representative Robert Lighthizer Date: August 31, 2020 Re: An American Dispute Resolution Proposal Arrives with a Softwood Ruling On August 24, a WTO panel released its decision in United States – Countervailing Measures on Softwood Lumber from Canada, rejecting US Department of Commerce arguments that benchmark prices for softwood […] Neil Alexander – Moving From Roadmap To Roll-out For Small Modular Nuclear Reactors
From: Neil Alexander To: Natural Resources Minister Seamus O’Regan Date: August 27, 2020 Re: Moving From Roadmap to Roll-out for Small Modular Nuclear Reactors In November 2018, Natural Resources Canada published a “roadmap” for small modular reactors (SMRs). It highlighted benefits through job creation, export sales, greenhouse gas avoidance, and affordable and reliable energy for rural and […] Investir Notre épargne En Accord Avec L’urgence Climatique – La Presse Opinion
Nos choix de placements peuvent accélérer les changements exigés par l’urgence climatique. Heureusement, les institutions financières développent des produits plus amicaux pour la planète. La finance durable s’impose comme nouvelle norme.
Les entreprises qui composent les grands indices boursiers génèrent des gaz à effet de serre (GES) cadrant avec un réchauffement climatique de 3,5 à 5 degrés. L’indice du marché canadien TSX60, où le secteur pétrolier est fortement représenté, correspond à un scénario de 4,6 degrés, estime Mirova, filiale de la banque d’investissement Natixis.
Que faire alors ? Le réflexe de larguer les actions des pétrolières réussit davantage à nous donner bonne conscience qu’à réduire les GES.…
Glen Hodgson – The Goalposts Keep Shifting For The Canadian Energy Sector
From: Glen Hodgson To: Canadian Energy Watchers Date: July 21, 2020 Re: The Goalposts Keep Shifting for the Canadian Energy Sector Canada’s energy sector has been hit by an array of factors, global and domestic, that are constraining its capacity to operate and expand. The sector is being squeezed by uncertainty on many fronts – […] Grant Bishop – Three Requirements For Canada’s Petroleum Industry
From: Grant Bishop To: Jonathan Wilkinson, Minister of Environment and Climate Change Canada Date: June 26, 2020 Re: Three requirements for Canada’s petroleum industry May was a bad month for Canada’s beleaguered oil producers. First, the Norges Bank, which manages Norway’s sovereign wealth fund, announced its divestment from four oilsands producers, citing their “unacceptable greenhouse gas emissions.” Then, presumptive […] Without The Clarity They Need, Alberta’s Oil Sands Producers Are Being Set Up To Fail – Globe And Mail Op-ed
May was a bad month for Canada’s beleaguered oil producers. First, the Norges Bank, which manages Norway’s sovereign wealth fund, announced its divestment from four oil sands producers, citing their “unacceptable greenhouse gas emissions.” Then, presumptive Democrat nominee Joe Biden announced that, if elected U.S. president, he would cancel the permits for the Keystone XL pipeline. And there was the little matter of an unprecedented plunge in global oil demand thanks to the COVID-19 pandemic.
The Norges Bank’s decision is predicated on a misrepresentation of carbon pricing in Canada. Mr. Biden’s announcement represents a diplomatic failure, and a potentially fatal setback for a vital project. But those two developments…