Economic Note examining whether Canada’s carbon pricing systems meet certain basic economic conditions
Since the 1920s and the work of A.C. Pigou, economists have generally agreed that imposing a price on pollution emissions is the most efficient way to reduce those emissions while minimizing the drawbacks associated with interventions aiming to limit pollution. This way of doing things usually yields better results than regulation or other government interventions that do not rely on market mechanisms.
Research Paper showing that while the global demand for hydrocarbons is expected to keep increasing at least until 2040, Canada’s oil and gas sector is facing serious challenges
According to the International Energy Agency, the global demand for hydrocarbons is expected to keep increasing at least until 2040. Yet in Canada, during the past year or so, an unusually large number of major events—essentially all negative—affected the oil and gas industry. The departure of international companies, pipeline project delays, and unprecedented discounts on Western Canadian Select (WCS) are just some of the signs that the country’s oil and gas sector is facing serious challenges.
Presentation by Germain Belzile, Senior Associate Researcher at the MEI, and Daniel Dufort, Director, External Affairs at the MEI, before the Standing Committee on Energy, the Environment and Natural Resources.
Presentation by Germain Belzile, Senior Associate Researcher at the MEI, at the Freedom Talk Conference in Calgary before an audience made up of 17 invited speakers and 125 participants, including former Minister of Finance and Minister of Energy of Alberta Ted Morton.
Viewpoint illustrating the negligible impact of Quebec’s emissions on the global climate
The Quebec government has on many occasions signalled its commitment to fighting climate change. The province has set several targets for reducing greenhouse gas (GHG) emissions, aiming to have them disappear almost completely by 2050. Yet Quebec’s share of global GHG emissions is so tiny that achieving the provincial objectives would have an insignificant impact on the evolution of the temperature of the planet.