Canadian Climate Policy

Alberta needs to do more than tell Ottawa, “hands off the golden goose!”

This article, by Jason Fekete and Darcy Henton, discusses the Alberta Government’s growing anxiety with respect to the coming Federal GHG regulations for the oil and gas sector. Premier Stelmach and the Alberta Government may be late to the game, but they have moved quickly in the past to head off federal action with regulatory […]

On the NDP and budgets

As information continues to trickle out about the NDP cap-and-trade program, I thought I should go back to the NDP budgets quickly. An issue arose today with respect to the eventual gas price impacts of their cap-and-trade policy, and whether an NDP policy which does not price transportation emissions could reach their budget targets. It […]

On the gas price impact of NDP cap-and-trade

Here’s what you need to know about the NDP program and gas prices. The NDP cap-and-trade program would require “big emitters” including oil refineries and major producing sites including oil sands facilities to buy emission permits at auction, with a price floor at $45/ton.  This will increase the costs of producing oil and refining gasoline. […]

Are the NDP’s cap-and-trade numbers believable?

Earlier today, I had a quick Twitter exchange with Macleans’ Andrew Coyne (@acoyne) with respect to the NDP revenue projections from their cap-and-trade proposal.  Coyne’s points, with which I don’t entirely disagree, were that the NDP platform costing document contains implausible claims that  a) an auction would yield $3.6 billion revenue in the current (2011/2012) […]

My latest Economy Lab post

The corporate tax implications of each of the parties’ greenhouse gas (GHG) policy proposals will run in the billions of dollars per year. GHG policies will induce significant expenditures, whether they follow the regulatory approach proposed by the Conservatives, the cap-and-trade approaches proposed by the Liberals and the NDP, or the broad carbon pricing approach […]

A question for the Green Party

A few of my readers have pointed out that my previous post asking debate questions omitted the Green Party.  I firmly believe that the Green Party should have been invited to the debate. While the point is now moot, I feel that if their qualification for federal party funding that is triggered by 2% of […]

More sophistication, please

Since Sunday’s release of the Liberal party platform and the non-announcement of a cap-and-trade program, the reaction in Alberta has been sadly predictable.  Many people in the province seem to know exactly what will be in this policy, and they know that it will be bad news for Alberta. In fact, the Wild Rose Caucus […]