Posts Tagged ‘carbon tax’

Ontario’s move to join Quebec and California in a cap-and-trade pact for carbon emissions may seem like an environmental win, but whether it’s actually a meaningful step towards battling climate change or just a cash grab by the province, well, you can be the judge. Cap-and-trade schemes create a market for emission credits that allow [...]

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If lower oil prices are as bad for Canada’s economy as rate-cutting Bank of Canada Governor Stephen Poloz insists, the central bank might consider assessing the risks to the economy in a world where constraining carbon emissions becomes less of an abstract notion and more of a daily reality. For a petro-economy such as Canada’s, [...]

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The Uncertain Future of Oil Demand

Posted by Jeff Rubin on November 17th, 2014 under SmallerWorldTags: , , ,  • 3 Comments

At a recent investment conference sponsored by Royal Bank and Suncor I spoke about the likelihood that billions of dollars of carbon assets will never see the light of day. Contemplating the idea of stranded assets isn’t in either company’s interests, so both deserve credit for providing a discussion forum for a topic that’s going [...]

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It’s tough to find any drivers who relish digging into their wallets to fill up at the pump. According to the International Monetary Fund, though, not only should fuel taxes jump by more than 50 percent, the increase should have Canadians whistling a happy tune. Now, here’s the real kicker—the IMF is right. In a [...]

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