Stay the Course!!

Stay the Course!!

Today’s (March 8) Globe and Mail Headline in the Business Section reads: “Ottawa to stay course on climate: minister.”  Ironically, Canada’s actual climate course is not sufficient to meet its long term commitments to reduce greenhouse gas emissions. Less than a year ago Canada signed the Paris Accord, accepting its targets for reduced emissions. For … Read more…

Subsidies to the Fossil Fuel Industry – on the way out!

Subsidies to the Fossil Fuel Industry – on the way out!

In 2010 the G-20 countries concluded that financial assistance by a state to its fossil fuel industry encouraged development of fossil fuel resources, leading to increased emissions from fossil fuels. These countries agreed that state assistance, whether in the form of a subsidy or tax incentives, should be phased out over time. EnviroEconomics Inc., a … Read more…

Canada’s biggest climate change event of 2016

The wildland/urban interface disaster that struck Fort McMurray, Alberta in May 2016 was the largest ever insured loss in Canada.  This wildfire destroyed more than 2,400 structures. Wildfires are a distinct emergency that have and will lead to increasing losses. This is clear from comparing Fort McMurray, where the losses topped $3.6 billion, with previous … Read more…