Sunday, January 24, 2021
GMO test
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Investing
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • Jobs
    • The Green Economy
    • GDP
  • Energy
    • Solar
    • Wind
    • Fossil Fuels
    • Renewables
  • Environment
    • Emissions
    • Wildfires
    • Biodiversity
    • Extreme Weather
  • Technology
    • Food
    • Health
    • Buildings
    • Renewables
    • Carbon Capture
    • Transportation
    • Climate Change
  • Social Change
    • Activism
    • Education
    • Psychology
No Result
View All Result
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Investing
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • Jobs
    • The Green Economy
    • GDP
  • Energy
    • Solar
    • Wind
    • Fossil Fuels
    • Renewables
  • Environment
    • Emissions
    • Wildfires
    • Biodiversity
    • Extreme Weather
  • Technology
    • Food
    • Health
    • Buildings
    • Renewables
    • Carbon Capture
    • Transportation
    • Climate Change
  • Social Change
    • Activism
    • Education
    • Psychology
No Result
View All Result
GMO test
No Result
View All Result
Home Uncategorized

Now is the Time for Carbon Pricing in Canada

by Richard Matthews
July 6, 2016
in Uncategorized
0

The low price of oil make this an ideal time to put a price on carbon. Putting a price on carbon is one of the most powerful and far reaching actions Canada (and other governments) can take to reduce emissions is to enact national carbon pricing. In fact this was listed at the top of policy recommendations by the Sustainable Canada Dialogues report. Carbon pricing incentivizes competitiveness by making operations more efficient and more lean management and practices.

In a Wall Street Journal post last year, economist Margaret Walls argued that low oil prices make this an ideal time to implement carbon pricing. “[A] carbon tax might help to avert some capital investment decisions that would lock in higher emissions,” she said.

We already have working examples of carbon pricing schemes in Canada. There are/were three such programs in North America: The Regional Greenhouse Gas Initiative (RGGI), the Midwestern Greenhouse Gas Reduction Accord (the Midwestern Accord has been inactive since March 2010) and the Western Climate Initiative (WCI).

The WCI is a multi-sector, market-based emissions reduction program. It started in 2007 with a group of five American states (Arizona, California, New Mexico, Oregon, and Washington). Shortly after being formed the Canadian province of British Columbia joined, followed my Manitoba, Quebec and Ontario. By 2011 California was the only US state left in the WCI alongside four Canadian provinces. 

In 2015 Ontario formally joined Quebec in a cap-and-trade carbon pricing scheme and in 2016 we have seen the beginning of a pan-Canadian carbon pricing agreement.

Even the oil rich provincial government of Alberta has introduced a carbon pricing scheme that will take effect at the start of 2017. The money raised is expected to be almost ten billion over five years. This money will be used to help finance the growth of renewables in the province.

ShareTweetShare
Previous Post

Canadian Renewable Energy: Federal and Provincial Government Policy Initiatives

Next Post

The Folly of Canadian Fossil Fuel Subsidies

Related Posts

Unprecedented Wildfires in 2020 are Connected to Climate Change

by Richard Matthews
December 29, 2020
0

The intense wildfires that raged across the Western U.S., South America, and Australia in 2020 are being attributed to climate change. What makes these fires unprecedented is their size and...

American Courts are Defending Democracy and the Environment

by Richard Matthews
December 14, 2020
0

Despite unprecedented challenges, America's legal system has held. In recent weeks the courts have repeatedly defended democracy and in the last four years they have overturned a wide range of environmental...

Boycott Culture and Brand Influence During Trump’s Presidency and Beyond

by Richard Matthews
December 8, 2020
0

Brands wield enormous influence over popular culture and whether they are pursuing core social values or trying to preempt boycotts, brands are finding it harder to ignore social, environmental and political...

Next Post

The Folly of Canadian Fossil Fuel Subsidies

Leave a Reply Cancel reply

Follow Us

  • Facebook
  • Twitter
  • Email
  • LinkedIn
  • Reddit
  • SoundCloud

Subscribe to the Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

American Politics

Biden Gets to Work on Climate Action

by Richard Matthews
January 21, 2021
0

On Wednesday January 20th America started writing a new chapter in the nation's long and storied history.  On day one...

Read more

Taking Stock of Trump’s Dismal Legacy

January 19, 2021

Corporate America’s Break Up with Trump & the GOP

January 15, 2021

Climate Change is Fueling Deadly Extreme Weather and Costly Climate Disasters

January 13, 2021
protected areas and new species on the map of the world

Summary of Positive Biodiversity Stories

January 11, 2021
  • Business
  • Economy
  • Energy
  • Environment
  • Investing
  • Politics
  • Technology
  • Social Change

© 2021 Copyright The Green Market Oracle.

No Result
View All Result
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • GDP
    • Jobs
    • The Green Economy
  • Energy
    • Fossil Fuels
    • Renewables
    • Solar
    • Wind
  • Environment
    • Emissions
    • Biodiversity
    • Extreme Weather
    • Wildfires
  • Investing
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Technology
    • Buildings
    • Carbon Capture
    • Climate Change
    • Food
    • Transportation
    • Health
    • Renewables
  • Social Change
    • Education
    • Activism
    • Psychology
    • Marches

© 2021 Copyright The Green Market Oracle.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In