A diverse group of experts including representatives of oil companies and banks unanimously agreed that climate change poses an existential threat to the financial system.
COVID-19 pandemic has seen the Morrison government abandon long-held dogma on debt and deficits. But on climate and energy, it’s singing from the same old songbook.
The Paris climate change agreement aims to limit global warming to 1.5C above pre-industrial temperatures — and the federal carbon pricing plan was meant to help Canada meet its commitments.
Paul Burke, Crawford School of Public Policy, Australian National University; Frank Jotzo, Australian National University, and Rohan Best, Macquarie University
Having a carbon price is linked to lower emissions growth. A larger price cuts emissions by more.
The climate action plans of three companies in different industries – Delta Air Lines, Amazon and Microsoft – illuminate the three key strategies needed to cut carbon emissions.
We analysed what the world’s top 58 airlines – such as American Airlines, British Airways and Qantas – are doing about climate change. Even the best airlines are not doing anywhere near enough.
Prime Minister Justin Trudeau shakes hands with Ontario Premier Doug Ford on Parliament Hill in November 2019. Ford says he wants to work hand-in-hand with Ottawa. But apparently not when it comes to the environment.
THE CANADIAN PRESS/Adrian Wyld
There’s been one notable exception to Doug Ford’s supposed willingness to change direction: the environment.
The Opal nuclear research reactor at Lucas Heights in Sydney. It does not produce nuclear energy but is used to produce medical radioisotopes and for other purposes.
Tracey Nearmy/AAP
The state of Australia’s energy and climate change policy is reason to despair. But there may be a nuclear solution that keeps both sides happy.
Putting a price on greenhouse gas emissions forces us to face at least some of the environmental cost of what we produce and consume.
from www.shutterstock.com
Traditional market transactions ignore the costs of greenhouse gas emissions. An emissions trading scheme is a tool to put a price on emissions and to influence us to choose lower-emission options.
A smokey haze from wildfires burning in the region blankets Vancouver, B.C.
Shutterstock
If the climate is in peril, why has the federal government approved a pipeline that will ship close to 600,000 barrels of oil per day from Alberta to British Columbia?
Ontario Premier Doug Ford returns to his office at the Ontario legislature after announcing the cancellation of retroactive cuts that have hit public health, child care and other municipal services.
THE CANADIAN PRESS/Chris Young
A year ago, Doug Ford’s election was seen as a harbinger of a populist realignment in Ontario and Canadian politics. Now polls suggest Ford has abysmally low personal approval ratings.
Carbon pricing is the most market-based means of addressing the climate crisis, yet it is strongly opposed by politicians that claim to support free markets.
Three words, so much mileage: Tony Abbott’s anti-carbon tax refrain has been a fixture on the policy landscape for years.
AAP Image/Julian Smith
We’ve been here before. In fact we’ve been going round in circles on climate policy for decades, while the temperature (of the debate, as well as the planet) climbs ever higher.