emissions

 

Carbon pricing is widely recognized as the most cost-effective way to reduce emissions. However, the differences between the federal backstop system and provincial carbon pricing systems might ultimately result in increased internal/external carbon leakage risks and competitiveness challenges for provinces with more stringent climate policies. For this reason, it is necessary to improve the economic […]

Global economies have been heavily impacted in the wake of Covid-19. The coronavirus has created dramatic negative impacts on global growth and trade. The government response to restrict large components of the economy to safeguard public health resulted in massive job loss, reduced tax revenues, diminished consumer confidence, and increased public debt. As a result, […]

In a guest post titled “Bioenergy ‘flaw’ under EU renewable target could raise emissions”,  Sir John Beddington, the UK government’s chief scientific adviser between 2008 and 2013, raised the alarm that allowing trees to be harvested for the purpose of energy production results in much higher emissions than the equivalent energy produced by burning of […]