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Canadas Carbon Liabilities
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Book Synopsis Canada's Carbon Liabilities by : Marc Lee
Download or read book Canada's Carbon Liabilities written by Marc Lee and published by . This book was released on 2013 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction: Unburnable carbon -- Doing the math: implications for Canada -- Carbon liabilities, stranded assets. Canada's fossil fuel investments in global context -- Pension funds and climate risk. Ignoring climate risk ; Coming clean on dirty energy -- Deflating the carbon bubble. Establish a national carbon budget ; Make market prices tell the truth about carbon ; Develop green bonds ; Public sector leadership ; Mandate carbon stress tests -- Conclusion: Getting these reforms right -- Technical appendix -- Notes.
Book Synopsis Canada’s Carbon Price Floor by : Ian W.H. Parry
Download or read book Canada’s Carbon Price Floor written by Ian W.H. Parry and published by International Monetary Fund. This book was released on 2018-03-08 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: The pan-Canadian approach to carbon pricing, announced in October 2016, ensures that carbon pricing applies throughout Canada in 2018, with increasing stringency over time to reduce emissions. Canadian provinces and territories have the flexibility to either implement an explicit price-based system—with a minimum price of CAN $10 per tonne of carbon dioxide equivalent in 2018, increasing to CAN $50 per tonne by 2022—or an equivalently scaled emissions trading system. This paper discusses the rationale for, and design of, the price floor requirement; its (provincial-level) environmental, fiscal, and economic welfare impacts; monitoring issues; and (national-level) incidence. The general conclusion is that the welfare costs and implementation issues are manageable, and pricing provides significant new revenues. A challenge is that the floor price by itself appears well short of what will be needed by 2030 for Canada’s Paris Agreement pledge.
Download or read book The Greenhouse Gas Protocol written by and published by World Business Pub.. This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The GHG Protocol Corporate Accounting and Reporting Standard helps companies and other organizations to identify, calculate, and report GHG emissions. It is designed to set the standard for accurate, complete, consistent, relevant and transparent accounting and reporting of GHG emissions.
Download or read book Carbon Finance written by Sonia Labatt and published by John Wiley & Sons. This book was released on 2011-07-20 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for Carbon Finance "A timely, objective, and informative analysis of the financial opportunities and challenges presented by climate change, including a thorough description of adaptive measures and insurance products for managing risk in a carbon constrained economy." —James R. Evans, M. Eng. P. Geo., Senior Manager, Environmental Risk Management, RBC Financial Group "Climate change will have enormous financial implications in the years to come. How businesses and investors respond to the risks and opportunities from this issue will have an enormous rippling effect in the global economy. Sonia Labatt and Rodney White's insights and thoughtful analysis should be read by all who want to successfully navigate this global business issue." —Andrea Moffat, Director, Corporate Programs, Ceres "In Carbon Finance, Labatt and White present a clear and accessible description of the climate change debate and the carbon market that is developing. Climate change is becoming an important factor for many financial sector participants. The authors illustrate how challenges and opportunities will arise within the carbon market for banking, insurance, and investment activities as well as for the regulated and energy sector of the economy." —Charles E. Kennedy, Director and Portfolio Manager, MacDougall, MacDougall & MacTier Inc. "Climate change is the greatest environmental challenge of our generation. Its impact on the energy sector has implications for productivity and competitiveness. At the same time, environmental risk has emerged as a major challenge for corporations in the age of full disclosure. Carbon Finance explains how these disparate forces have spawned a range of financial products designed to help manage the inherent risk. It is necessary reading for corporate executives facing challenges that are unique in their business experience." —Skip Willis, Managing Director Canadian Operations, ICF International "In this timely publication, Labatt and White succeed in communicating the workings of carbon markets, providing simple examples and invaluable context to the new and changing mechanisms that underpin our transformation to a carbon-constrained world. Carbon Finance will be the definitive guide to this field for years to come." —Susan McGeachie, Director, Innovest Strategic Value Advisors, Graduate Faculty Member, University of Toronto; and Jane Ambachtsheer, Principal, Mercer Investment Consulting, Graduate Faculty Member, University of Toronto
Book Synopsis Canadian Early Emission Reduction Program: Early Action to Reduce Greenhouse Gas Emissions and Manage Canadian Climate Change Compliance Liabilities by :
Download or read book Canadian Early Emission Reduction Program: Early Action to Reduce Greenhouse Gas Emissions and Manage Canadian Climate Change Compliance Liabilities written by and published by . This book was released on with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Global Carbon Pricing by : Peter Cramton
Download or read book Global Carbon Pricing written by Peter Cramton and published by MIT Press. This book was released on 2017-06-16 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why the traditional “pledge and review” climate agreements have failed, and how carbon pricing, based on trust and reciprocity, could succeed. After twenty-five years of failure, climate negotiations continue to use a “pledge and review” approach: countries pledge (almost anything), subject to (unenforced) review. This approach ignores everything we know about human cooperation. In this book, leading economists describe an alternate model for climate agreements, drawing on the work of the late Nobel laureate Elinor Ostrom and others. They show that a “common commitment” scheme is more effective than an “individual commitment” scheme; the latter depends on altruism while the former involves reciprocity (“we will if you will”). The contributors propose that global carbon pricing is the best candidate for a reciprocal common commitment in climate negotiations. Each country would commit to placing charges on carbon emissions sufficient to match an agreed global price formula. The contributors show that carbon pricing would facilitate negotiations and enforcement, improve efficiency and flexibility, and make other climate policies more effective. Additionally, they analyze the failings of the 2015 Paris climate conference. Contributors Richard N. Cooper, Peter Cramton, Ottmar Edenhofer, Christian Gollier, Éloi Laurent, David JC MacKay, William Nordhaus, Axel Ockenfels, Joseph E. Stiglitz, Steven Stoft, Jean Tirole, Martin L. Weitzman
Book Synopsis The Case for a Carbon Tax by : Shi-Ling Hsu
Download or read book The Case for a Carbon Tax written by Shi-Ling Hsu and published by Island Press. This book was released on 2012-06-22 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: There's a simple, straightforward way to cut carbon emissions and prevent the most disastrous effects of climate change-and we're rejecting it because of irrational political fears. That's the central argument of The Case for a Carbon Tax, a clear-eyed, sophisticated analysis of climate change policy. Shi-Ling Hsu examines the four major approaches to curbing CO2: cap-and-trade; command and control regulation; government subsidies of alternative energy; and carbon taxes. Weighing the economic, social, administrative, and political merits of each, he demonstrates why a tax is currently the most effective policy. Hsu does not claim that a tax is the perfect or only solution-but that unlike the alternatives, it can be implemented immediately and paired effectively with other approaches. In fact, the only real barrier is psychological. While politicians can present subsidies and cap-and-trade as "win-win" solutions, the costs of a tax are immediately apparent. Hsu deftly explores the social and political factors that prevent us from embracing this commonsense approach. And he shows why we must get past our hang-ups if we are to avert a global crisis.
Book Synopsis Climate Change Liability by : Richard Lord
Download or read book Climate Change Liability written by Richard Lord and published by Cambridge University Press. This book was released on 2011-12-01 with total page 679 pages. Available in PDF, EPUB and Kindle. Book excerpt: As frustration mounts in some quarters at the perceived inadequacy or speed of international action on climate change, and as the likelihood of significant impacts grows, the focus is increasingly turning to liability for climate change damage. Actual or potential climate change liability implicates a growing range of actors, including governments, industry, businesses, non-governmental organisations, individuals and legal practitioners. Climate Change Liability provides an objective, rigorous and accessible overview of the existing law and the direction it might take in seventeen developed and developing countries and the European Union. In some jurisdictions, the applicable law is less developed and less the subject of current debate. In others, actions for various kinds of climate change liability have already been brought, including high profile cases such as Massachusetts v. EPA in the United States. Each chapter explores the potential for and barriers to climate change liability in private and public law.
Book Synopsis Fiscal Policies for Paris Climate Strategies—from Principle to Practice by : International Monetary Fund. Fiscal Affairs Dept.
Download or read book Fiscal Policies for Paris Climate Strategies—from Principle to Practice written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2019-05-02 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the role of, and provides practical country-level guidance on, fiscal policies for implementing climate strategies using a unique and transparent tool laying out trade-offs among policy options.
Book Synopsis Climate Change Liability by : Michael Faure
Download or read book Climate Change Liability written by Michael Faure and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book sheds new light on the growing issue of using liability as a tool for both preventing and compensating for the damage caused by climate change. Michael Faure and Marjan Peeters have brought together a selection of expert contributors who explore a variety of both national and European perspectives on the topic. Climate change liability is no longer only a theoretical idea since climate changelitigation has become so hotly debated and this book examines to what extent it can be used for mitigation and adaptation issues. Chapters discuss the potential role of liability within various legal systems, like the national systems of the USA and The Netherlands, but also EU and ECHR law. Liability is outlined in a broad perspective since not only compensation for damage suffered by plaintiffs isdiscussed, but also the need for prevention in order to obtain a reduction of greenhouse gases.
Book Synopsis Climate Engineering and the Law by : Michael B. Gerrard
Download or read book Climate Engineering and the Law written by Michael B. Gerrard and published by Cambridge University Press. This book was released on 2018-04-12 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first book to focus on the legal aspects of climate engineering, making recommendations for future laws and governance.
Download or read book The Carbon Bubble written by Jeff Rubin and published by Vintage Canada. This book was released on 2016-05-17 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the price of oil falls, bestselling author and economist Jeff Rubin takes us to the epicentre of the bursting global carbon bubble, and dares us to imagine a new engine for growth that does not run on oil. For a decade, the vision of Canada's future as an energy superpower has driven the country's political agenda, as well as the fast-paced development of Alberta's oil sands and the push for more pipelines like Keystone XL across the continent to bring that bitumen to market. Anyone who objects to pipelines and tanker-train traffic, north or south of the US border, is labeled a dreamer, or worse—an environmentalist: someone who puts the health of the planet ahead of the economic survival of their neighbours. In The Carbon Bubble, Jeff Rubin compellingly shows how an economic vision that rests on oil is dead wrong. Changes in energy markets in the US—where domestic production is booming while demand for oil is shrinking—are quickly turning the oil dream into an economic nightmare. Like U.S. coal stocks, the share values of oil-sands producers have been drastically reduced by falling fuel prices and are increasingly exposed to the world's efforts to reduce carbon emissions. Rubin argues that there is a lifeline to a better future. The very climate change that will leave much of the country's carbon unburnable could at the same time make some of Canada's other resource assets more valuable: its water and its land. In tomorrow's economy, he argues, Canada won't be an energy superpower, but it has the makings of one of the world's great breadbaskets, as everything from the corn belt to viniculture heads to higher latitudes. And in the global climate that the world's carbon emissions are inexorably creating, growing food will soon be a lot more valuable than mining bitumen.
Book Synopsis Confronting the Climate Challenge by : Lawrence Goulder
Download or read book Confronting the Climate Challenge written by Lawrence Goulder and published by Columbia University Press. This book was released on 2017-12-26 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Without significant reductions of greenhouse gas emissions, climate change will cause substantial damage to the environment and the economy. The scope of the threat demands a close look at the policies capable of reducing the harm. Confronting the Climate Challenge presents a unique framework for evaluating the impacts of a range of U.S. climate-policy options, both for the economy overall and for particular household groups, industries, and regions. Lawrence Goulder and Marc Hafstead focus on four alternative approaches for reducing carbon dioxide emissions: a revenue-neutral carbon tax, a cap-and-trade program, a clean energy standard, and an increase in the federal gasoline tax. They demonstrate that these policies—if designed correctly—not only can achieve emissions reductions at low cost but also can avoid placing undesirable burdens on low-income household groups or especially vulnerable industries. Goulder and Hafstead apply a multiperiod, economy-wide general equilibrium model that is distinct in its attention to investment dynamics and to interactions between climate policy and the tax system. Exploiting the unique features of the model, they contrast the shorter- and longer-term policy impacts and focus on alternative ways of feeding back—or “recycling”—policy-generated revenues to the private sector. Their work shows how careful policy design, including the judicious use of policy-generated revenues, can achieve desired reductions in carbon dioxide emissions at low cost, avoid uneven impacts across household income groups, and prevent losses of profit in the most vulnerable U.S. industries. The urgency of the climate problem demands comprehensive action, and Confronting the Climate Challenge offers important insights that can help elevate policy discussions and spur needed efforts on the climate front.
Book Synopsis Environmental Policy by : Thomas Walker
Download or read book Environmental Policy written by Thomas Walker and published by John Wiley & Sons. This book was released on 2020-09-09 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: EXPAND YOUR UNDERSTANDING OF HOW ENVIRONMENTAL POLICY AFFECTS BUSINESS, THE ECONOMY, AND YOUR LIFE WITH THIS ESSENTIAL RESOURCE Environmental Policy: An Economic Perspective offers readers a comprehensive examination of the ever-broadening scope and impact of environmental policy, law, and regulation. Editors Thomas Walker, Northrop Sprung-Much, and Sherif Goubran walk readers through a variety of subjects while maintaining a global perspective on the expanding role of environmental law. This book takes a pragmatic and practical approach to its subject matter, showing readers the real impact across the world of different kinds of environmental policy. Among other topics, Environmental Policy: An Economic Perspective tackles: Climate change legislation Water conservation and pricing Biodiversity of the marine environment Wildlife ranching Emission trading schemes Green job strategies Sustainable investing Written for undergraduate and graduate students in any field affected by environmental legislation and policy, this book also belongs on the shelves of anyone who seeks to better understand the increasingly important role of environmental policy on their business and life.
Book Synopsis About Canada: The Environment by : Linda Pannozzo
Download or read book About Canada: The Environment written by Linda Pannozzo and published by Fernwood Publishing. This book was released on 2016-12-20T00:00:00Z with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: The environmental history of Canada is a bleak one. Resource extraction has always put profits before conservation. Settlers exploited both the land and the Indigenous peoples for commercial gain, and big business continues that policy with forests, fish, minerals, tar sands and pipelines. As the Earth veers toward a biological tipping point, as resources become scarcer, and as climate change threatens our survival, how is Canada responding? What kind of future can Canadians expect? What changes need to be made? In About Canada: The Environment, award-winning author Linda Pannozzo examines the philosophical, economic and ideological landscape of our current environmental worldview. She connects our faith in the free market and our adherence to an economic system based on endless growth to illustrate the critical situation of Canada’s environment. Regulations and protections, where they did exist, have been eroded to benefit the bottom line, and industrial expansion and resource extraction, fueled by cheap energy and consumers’ insatiable demand for goods, have taken an unprecedented environmental toll — one that will only be worsened by the realities of climate change. Ultimately, Pannozzo argues, the solution requires a profound shift in thinking — personally, politically and economically. The inherent value of nature must be recognized, for we cannot continue to destroy nature without ultimately destroying ourselves.
Book Synopsis The Economic Consequences of Climate Change by : OECD
Download or read book The Economic Consequences of Climate Change written by OECD and published by OECD Publishing. This book was released on 2015-11-03 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides a new detailed quantitative assessment of the consequences of climate change on economic growth through to 2060 and beyond.
Book Synopsis Shock Waves by : Stephane Hallegatte
Download or read book Shock Waves written by Stephane Hallegatte and published by World Bank Publications. This book was released on 2015-11-23 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ending poverty and stabilizing climate change will be two unprecedented global achievements and two major steps toward sustainable development. But the two objectives cannot be considered in isolation: they need to be jointly tackled through an integrated strategy. This report brings together those two objectives and explores how they can more easily be achieved if considered together. It examines the potential impact of climate change and climate policies on poverty reduction. It also provides guidance on how to create a “win-win†? situation so that climate change policies contribute to poverty reduction and poverty-reduction policies contribute to climate change mitigation and resilience building. The key finding of the report is that climate change represents a significant obstacle to the sustained eradication of poverty, but future impacts on poverty are determined by policy choices: rapid, inclusive, and climate-informed development can prevent most short-term impacts whereas immediate pro-poor, emissions-reduction policies can drastically limit long-term ones.
