Alberta’s oil patch: risks vs. costs

Cleanup liabilities in Alberta’s oil patch: Risks vs. costs

Climate and Energy

Last week, a news story broke with an eye-grabbing headline: Cleaning up Alberta’s oil patch could cost $260 billion. This figure massively exceeded the provincial regulator’s official estimate of $58 billion. Reading a little further down revealed some key details. First, the $260 billion was — according to the Alberta Energy Regulator — a worst-case scenario. Second, […]

Alberta falling behind in making manufacturers reduce waste

Livable Cities

Here’s an unpopular opinion: we should spend more time thinking about garbage. After all, waste management services are essential for Albertans. But they’re also not free. A new report from Canada’s Ecofiscal Commission argues that we can do better. With better waste policies, we can make our waste system more efficient, ultimately saving us money. […]

Some provinces have implemented policies to reduce green house gas emissions

On Provincial Climate Policy and Early Action

Climate and Energy Pollution

When it comes to provincial climate policy, not every province is starting from the same place. Some, for example, have previously implemented policies to reduce GHG emissions. Should provinces be able to use these “early actions” to justify implementing less stringent carbon pricing policies now? In short, no. Here’s a slightly wonkish explainer. How to […]

Pricing risk to the environment works best when it’s fair

Pollution

Our latest report Responsible Risk explains how putting a price on risk to the environment can make disasters less likely. The report shows how we can use economic tools to strengthen companies’ incentives to manage environmental risks posed by their operations. In this blog, I’ll discuss why when it comes to risk pricing, one size […]

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