Two pronged approach needed in carbon reduction according to expert

Written by admin on 27/07/2019 Categories: 苏州美甲纹绣培训

SASKATOON – A mix of two approaches to carbon reduction, found in Western and Eastern Canada, would be most effective in curbing emissions, according to a Saskatchewan resource economist, days before the nation’s leaders are expected to discuss climate change.

“If we really want to be serious about tackling carbon, we have to get at all aspects of the economy,” said Joel Bruneau, a professor in the University of Saskatchewan economics department.



    NDP says carbon capture plant sputtering, but government says it’s on track

    Ontario promises to reveal details of its cap and trade plan within weeks

    North American energy ministers to share clean energy data

    READ MORE: Wall suggests there might be options for SaskPower around national carbon tax

    Next week Prime Minister Justin Trudeau is set to host a first ministers’ meeting in Vancouver, where officials have indicated a large focus will be on creating a national strategy to curb emissions. Bruneu said many jurisdictions are looking at implementing a carbon reduction strategy that incorporates taxation, as well as a cap and trade program.

    A carbon tax usually adds fractions of a dollar on a litre of fuel, like gasoline or propane, while cap and trade sets a limit on emissions. If a company is above the limit they can buy carbon credits and if they’re below, they can sell the credits.

    “The problem with a cap and trade system is it’s not going to be able to target households, cars, trucks, transportation sectors because those are far too small users to engage in these trading systems,” said Bruneau.

    “You’re really thinking cap and trade is for really large emitters, but not for small emitters and a big portion of our carbon emissions are with these small emitters.”

    READ MORE: Climate test for projects like pipelines likely to rule out oilsands growth: groups

    The provinces of Ontario and Quebec currently employ a cap and trade program, while British Columbia has implemented a carbon tax since 2008.

    “For an average person, it’s enough to notice, but not necessarily a huge financial burden,” Bruneau said of B.C.’s program.

    READ MORE: Carbon tax would ‘kneecap’ struggling economy: Saskatchewan Premier Wall

    Last Friday, Saskatchewan Premier Brad Wall spoke out against a potential national carbon tax, citing the struggling resource sector as one reason to not proceed.

    “The last thing we need right now is a tax increase, or a new federal carbon tax or frankly a provincial carbon levy,” said Wall to reporters on Friday.

Comments Off on Two pronged approach needed in carbon reduction according to expert