I’m a fan of carbon taxes, but increasingly I see the term “revenue-neutral” attached to it. Where I live, in BC, we have perhaps the most prominent example of a revenue-neutral carbon tax, and carbon tax advocates have come to promoting the BC model to other jurisdictions, such as Ontario, who are contemplating their own carbon tax. This includes the new EcoFiscal Commission, which endorses a naive view of markets – the magic of free markets is alive and well, and if only we could put a price on carbon to change marketplace incentives, all will be well.
Entries Tagged as 'Environment'
Late last year, Prime Minister Harper declared that, given plummeting oil prices, now would be a “crazy” time to introduce regulations on the oil and gas sector.
This comes after promising nine years ago that the federal government would bring in new GHG regulations on the oil and gas sector (but failing to do so), and after committing at the Copenhagen climate talks in 2009 that Canada would reduce its GHG emissions by 17% by 2020, a target that Environment Canada now says the government has no plan to meet.
The latest from the Intergovernmental Panel on Climate Change is a super-synthesis of the state of agreed knowledge about climate change, adaptation and mitigation. Imagine thousands of research papers summarized in three major volumes (released over the past year), with this new report the grand summary of that. And even that condensed into a 40-page summary for policymakers.
Now I will humbly boil that down to a few key observations: climate change is happening and costs are piling up; it’s caused by human activity, primarily the combustion of coal, oil and gas; staying on our current pathway risks ever-greater danger of irreversible adverse impacts around the world; and, perhaps most importantly, we still have time for a soft landing if we act quickly.
This blog is the third in CCPA-NS’ series called “Progressive Voices on Public Education in Nova Scotia.”
The People’s Climate March showed an incredible level of solidarity across our planet and was a visible way to capture the news cycle and send a message to world leaders to act. But, climate change itself is not news. For those of us who are latecomers to the scene, Al Gore’s 2006 award-winning film, “An Inconvenient Truth,” should have alerted us. If that didn’t do it, surely the Fourth Report (2007) and the Fifth Report (2013) of the Intergovernmental Panel on Climate Change would have. We can no longer hide from the extremely unpleasant fact that climate change is the most serious crisis humankind has ever faced. We must take action commensurate to the weight of this remarkable challenge.
When the Arctic Council meets this week in Yellowknife, participants will no doubt be thinking of the Ukraine. But they probably won’t be talking about it, at least during the official sessions.
Ukraine will be on their minds because Russia, which accounts for half of the Arctic region, is one of the eight nations making up the council, along with representatives of six Indigenous Peoples’ organizations.
The recent report of the Intergovernmental Panel on Climate Change (IPCC) should be a wake-up call for Canada. With a development model based on ever more fossil fuel extraction, Canada’s economy and financial markets are on a collision course with the urgent need for global climate action.
The IPCC, for the first time, stated an upper limit on total greenhouse gas emissions – a global “carbon budget” to keep temperature increase below 2°C. This is considered to be the threshold for “dangerous” climate change, and also the target for international climate negotiations.
I have a post as part of a new series from the Progressive Economics Forum celebrating 50 years of Mel Watkins’ publication of “A Staple Theory of Economic Growth.” Watkins’ piece follows the insight of Harold Innis to develop an understanding of economic growth uniquely rooted in the Canadian experience. The series begins with an intro by Jim Stanford here. The CCPA will be publishing a volume with all of the commentaries at some point.
This is the text of remarks I made today to Vancouver city council on divestment. Earlier this year, Council requested that staff report back on how the city’s financial investments align with the city’s mission and values, and various ethical programs like the city’s purchasing policy and the greenest city initiative. So the meeting was essentially about the contents of the staff report.
The outcome of the meeting was a small victory for divestment. Council recommended: