Rethinking linking: How to make interprovincial carbon credit trading stick
A coordinated approach to linking up provincial carbon credit markets can drive investment and emissions reductions with lower compliance costs
A coordinated approach to linking up provincial carbon credit markets can drive investment and emissions reductions with lower compliance costs
As the federal and provincial governments carve a path forward on industrial carbon pricing, a parallel carbon market — operating under a policy called the Clean Fuel Regulations (CFR) — is gaining importance for low-carbon investment decisions, particularly for carbon capture projects.
After months of negotiations Alberta and Ottawa have agreed on a path forward for industrial carbon pricing. The May 15 implementation agreement is the start of rewriting the federal carbon pricing benchmark.
Originally published in The Globe and Mail: The memorandum of understanding signed last week between the federal and Alberta governments was promptly attacked by climate advocates as a betrayal of climate action in Canada. Chief among them was MP Steven Guilbeault, formerly a Trudeau-era environment minister, who called the deal a “serious mistake” and resigned
Originally published in the Calgary Herald. Monday’s First Ministers’ Conference in Saskatoon might be remembered as the moment Canadian politicians finally got on the same page about decarbonizing the energy sector. To realize the leaders’ vision of turning Canada into a low-carbon energy superpower, we now need the energy sector to step up. And we
Originally published in The Hub. Canada has a major economic opportunity in the global low-carbon economy, if it gets its climate and energy policies right. Those policies should be informed by principles like leveraging the ingenuity of markets and free enterprise, limited government, and respect for provincial jurisdiction. The following article is the latest installment
Originally published in The Globe and Mail. In business, as in politics, timing is everything. You can have the best project or policy plan, but miss the moment for action, and a winning idea is doomed to history’s dustbin. These moments can be rare and fleeting, especially when operating at the intersection of environment, economy
Originally published in The Hub. Canada has a major economic opportunity in the global low-carbon economy, if it gets its climate and energy policies right. Those policies should be informed by principles like leveraging the ingenuity of markets and free enterprise, limited government, and respect for provincial jurisdiction. The following article is the latest installment
By Benjamin Dachis, vice president, research and outreach and Adam Sweet, vice president, Western Canada Originally published in The Hub. Canada has a major economic opportunity in the global low-carbon economy, if it gets its climate and energy policies right. Those policies should be informed by principles like leveraging the ingenuity of markets and free
Originally published in the Calgary Herald. There’s been a flurry of big new carbon capture projects announced in Alberta in recent weeks, which is good news for the province’s growing low-carbon economy, and the investment and jobs that will come with it. Fueled by TIER — Alberta’s carbon credit market — this growth is good
Originally published in The Hub. Over the past year, the Ontario government has begun to lay out a vision for transforming how the province generates, stores, and uses electricity. This includes important investments in Ontario’s clean-energy future—investments that need to be followed with even more ambitious policy to grow the province’s low-carbon economy over the
To decarbonize our economy and hit our climate targets, we have to build a lot of low-carbon projects – fast. What’s needed now is for the federal government to follow through on its commitments to strengthen Canada’s industrial carbon pricing system.