In reading this one would think that we are on the verge of the next great ponzi scheming structured financing debacle,
The next big scam: carbon dioxide
In referring to the $7.4-billion in fraud that have occurred in the last 18 months in the EU’s carbon market: “It is clear that [carbon trading] fraudsters are fully aware [...]
The climate policy intelligentsia gets all knotted up on key aspects of climate policy design from targets to coverage, to allocation to auction and then recycling. But, I would argue that none of this really matters. Instead, what matters is what emitters believe. And so the most important question in climate policy is [...]
Lots of traffic on climategate, but the New York times has some good stuff,
The Copenhagen conference itself reflects increasing acceptance of the scientific arguments: the negotiations leading to the talks were conducted by high-ranking officials of the world’s governments rather than the scientists and environment ministers who largely shaped the 1997 Kyoto Protocol. Late last [...]
Word on the street is new Federal targets will be announced at Copenhagen. Most likely PM Harper is playing follow the leader, literally following Obama to Copenhagen, So, expect harmonized targets with the US, which is -17% below 2005.
But anything can happen, cause target trash talk is way easier than action.
The need to poke your finger in your neighbors eye runs deep in politics. How else does one explain another jurisdiction making target trash talk? Yesterday, Quebec stood up, and was counted — as another jurisdiction that has made a promises that it can’t keep.
Quebec breaks from Ottawa in plan to [...]
Carbon tariffs are trade distorting period. They help those that may need help due to relative product price differences attributable to carbon pricing. But all others are worse off, and the economic models show that welfare is always decreased.
So, when I see this I cringe.
We need another carbon tariff
…We don’t [...]
See here and here for an elaboration of this,
Ottawa will delay the release of climate regulations until there is a firm agreement on a global approach and clarity on how the United States intends to regulate emissions – which could take until late 2010,
and the Minister’s comments
“In the absence of an international understanding, and in [...]
Make no mistake, the Pembina/Suzuki paper was a landmine, I mean landmark for Canadian climate policy. It has effectively unleashed the polarity that exists between those that think action is rubbish with those that think a changing climate is dangerous.
While this has always been the case in Canada, what has changed is [...]
Not sure how one squares this,
Killing Canada’s cash cow not the answer (here)
A report funded by TD Bank on the regional economic impact of climate change should be viewed with a jaundiced eye…it tells us that only by punishing Alberta with massive carbon taxes can the federal government meet its climate-change goal of reducing [...]
Ross McKitrick has a good response to the Pembina/Suzuki paper here.
Ross is the type of guy to go after everything, and indeed that is what he does in this editorial – the government, the targets, the models, the ENGOS, and the science. Funny thing is, he is mostly right on all accounts. Indeed, [...]