Never Waste a Good Crisis: What Can We Learn from California? California’s extreme drought continues to make headlines. No doubt Canada will feel the ripple effects, for example, through potential shocks in our commodity markets. But is there anything we can actually take away from this disaster? Our perception of Canada as a water wealthy […]
Hate traffic? You’re not alone. Economists hate it too and probably for all the same reasons you do. It costs all of us the one thing we can never get back: time. On a personal level, that’s the gut-wrenching feeling of walking in fifteen minutes late to your 9am meeting (while everyone watches). Or begging […]
With Ontario joining Quebec and California in the Western Climate Initiative, cap-and-trade is all the talk these days. In principle, we know that it can work just as well as a carbon tax, if designed and implemented well. But cap-and-trade is clearly more complex and a little abstract. And as a result, it can be […]
Join the live webcast of The Competitiveness Question: Business opportunities and challenges in a cap-and-trade environment tonight, June 3rd, at 5pm EDT. Research Brief Executive Summary Over the next year, Ontario will design and implement a cap-and-trade system for reducing greenhouse gas emissions. Much public discussion has focused on the effectiveness of cap-and-trade as an […]
On this #WonkWednesday we explore the weird policy space between congestion pricing and carbon pricing. This recent Grist article by Ben Adler poses the important question: how best do we align our transportation policies with our climate goals? In doing so, Adler debates the merits of potential distance-based road charging versus existing gas taxes. But […]
Happy #WonkWednesday! The piece below was originally published in the May 2015 issue of Alberta Oil Magazine. Wonkier readers also should not miss Andrew Leach’s more in-depth economic analysis of the impact of greenhouse gas regulations on oil sands development. Yes, there’s a chart. Many people concerned about climate change favour “carbon pricing” as an […]