Tag: Tax
Saskatchewan releases climate plan without carbon tax, critics say won’t meet federal standards
Oil and gas, electricity sectors exempted from carbon pricing The Saskatchewan Government released a Climate Plan called Prairie Resilience: A Made-in-Saskatchewan Climate Change Strategy, which it says focuses on the principles of readiness and resilience, while reducing greenhouse gas (GHG) emissions and adapting to the effects of climate change – without a carbon tax. “This plan […]
‘The Trump Shadow: The New Urgency of Business Tax Reform in Canada’ – Conference Board of Canada
Canada’s business investment has been weak for a number of years By Natasha Jamieson, Conference Board of Canada Amid the shadow of tax reform legislation in the United States and the need to boost business investment at home, Canada should look to reduce the tax burden on businesses of all sizes, according to a new […]
Ottawa-led national consultation ‘Generation Energy’ generates necessary discussion
NRCan grappling on how to chart Canada’s low-carbon energy future By Bora Plumptre, analyst, Pembina Institute What should Canada’s energy system look like in 2050? That’s the question at the heart of Generation Energy, an ongoing round of consultations being conducted by Natural Resources Canada (NRCan) under the direction of Minister Jim Carr. Pembina Institute staff […]
Study weighs cost of carbon on upstream sector – Wood Mackenzie
“Most intriguing finding was risk is less than we expected” A new study released by Wood Mackenzie, Positioning for the Future, is the first comprehensive study ever carried out into carbon emissions in the upstream oil and gas sector, according to a press release. “The carbon emissions targets set by the Paris Agreement, together with […]
Is Alberta about to lose its competitive advantage in oil sector thanks to Donald Trump?
Saskatchewan will become one of highest-taxed oil-producing jurisdictions, Alberta will be middle of the pack globally Is Canada about to lose the competitive advantage it currently enjoys in attracting investment to its oil sector? With a U.S. tax reform package on the horizon, the answer could be yes, according to a new report from the University […]
Carbon pricing alone can’t meet Canada’s GHG targets, trillions of dollars investment needed – report
Trillions of dollars in investment needed to green Canadian economy Carbon pricing will help Canada reduce emissions but the reductions will fall short of the government’s goal of a 30 per cent reduction from 2005 levels by 2030, according to a joint report by The Conference Board of Canada and The Canadian Academy of Engineering. “Simply pricing carbon […]
After Trump exit, McKenna repeats Canada’s commitment to Paris Climate agreement
Vancouver committed to cut emissions by 80% below 2007 levels, before 2050 President Donald Trump recently announced that the United States will be leaving the Paris Climate Accord, which former President Barack Obama had helped create. Canada will not be following the Americans, says Catherine Mckenna, minister of environment and climate change. In fact, Mckenna said in a […]
Canada’s carbon pricing scheme presents $120 billion opportunity – Lux Research
Home-grown Canadian start-ups offer all-of-the-above solution to reducing emissions, with transportation, waste best-positioned Companies developing technologies to cut carbon emissions are in line for an opportunity worth up to $120 billion as Canada kicks off a carbon pricing program aimed at cutting the nation’s greenhouse gas emissions, according to Lux Research. Local start-ups targeting transportation […]
Proposed rewrite of auto fuel economy rules threatens new “gas tax” for drivers
“This will harm national security by spurring more oil imports, rewarding Russian oil companies and OPEC cartel” By Gregory C. Staple, CEO of the American Clean Skies Foundation The American Clean Skies Foundation responded today to pending action by the Environmental Protection Agency to re-visit the post-2020 goals for automobile tailpipe pollution and fuel economy or […]
U.S. gasoline tax hike may dent fuel demand in oversupplied market
In some states, the gasoline tax has not increased in decades By Devika Krishna Kumar NEW YORK, Feb 9 (Reuters) – A potential increase in gasoline taxes in several U.S. states could put a dent in demand at the pumps and mark another setback for a market already flooded with excess fuel. States where gasoline […]
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