June 3, 2016 - On the second floor of Royal Bank of Canada’s headquarters in Toronto’s financial district, traders Ryan Holm and Rostik Radik buy and sell allowances in a carbon market that will serve as a crucial element in Ontario’s ambitious effort to reduce greenhouse gases.
May 24, 2016 - The Alberta government is speeding ahead with aggressive action to address climate change, introducing new legislation on Tuesday that would require the province's population and industry to pay for their pollution and reduce energy consumption.
Environment Minister Shannon Phillips tabled her government's climate change legislation - Bill-20, the Climate Leadership Implementation Act, exactly one year after her New Democratic Party assumed power and ended 44 years of Progressive Conservative governments ruling the province.
Tuesday, May 17 - In the spring of 2015, B.C. Premier Christy Clark challenged jurisdictions around the world to meet or beat her province’s world-leading climate action plan. Now her government is wrestling with rising CO2 levels while Alberta and Ontario have moved aggressively to reduce their provincial greenhouse gas emissions.
Renewable energy companies see tremendous opportunity in Ontario’s climate-change plan, though skeptics question whether the proposed incentives and regulations will achieve the government’s goals and will impose costs that are unacceptable to voters.
The Ontario government will spend more than $7-billion over four years on a sweeping climate change plan that will affect every aspect of life – from what people drive to how they heat their homes and workplaces – in a bid to slash the province’s carbon footprint.
Apr. 20, 2016 - Ontario's upcoming cap-and-trade system will likely cut greenhouse gas emissions by less than half of the province’s 2030 target, a new economic analysis has found.
The report, by ICF International for the Ontario Energy Association, suggests the government will have to introduce significantly more greenhouse gas-fighting measures if it hopes to reach its planned reductions.
OTTAWA - The chairman of Canada's Ecofiscal Commission has a message for Brad Wall as the Saskatchewan premier and high-profile carbon-tax opponent embarks on his third straight majority mandate.
"If you have a stated goal to reduce greenhouse gas emissions — and Saskatchewan does — the most cost-effective way to do it is carbon pricing. Period," says Chris Ragan, the McGill University economist who acts as the non-partisan commission's chief spokesman.
