Economics of Climate Change

How does climate change affect our grandchildren – and all children – in the future? Everyone is affected, adult and child. Are there any specific effects on children? Let’s look at this from the perspective of economic rationality, the prevalent mind set of our time. The most important effect is that climate change is not … Read more

Ottawa gets it right!

In our 4RG blogs we have commented on mitigation of risks (adaptation) created by a warming climate:  severe weather events that result in flooding, and long periods of drought that lead to devastating forests fires. According to Don Forgeron, the President and CEO of the Insurance Bureau of Canada, the annual economic costs of natural disasters … Read more

Divestment – where do the Churches stand today?

The Federal budget released yesterday (March 23)  included a very minor change to provisions of the Income Tax Act that allowed companies to fully deduct exploration expenses (seismic testing, exploratory drilling etc.) from revenue in the year in which these expenses were occurred.  Now these expenses can only  be deducted over time – unless the … Read more

Good & Bad News – March 2017

Here’s a collection of some of recent good and bad news about climate change that Al Slavin has compiled from around the web. Some bad news While some technological and political progress is being made to slow the rise in greenhouse-gas emissions, almost all the climate science news is bad, showing an accelerating problem that … Read more

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

Soda Tax, Carbon Tax

I recently saw this opinion piece from Jim Goetz, the president of the Canadian Beverage Association. He thinks that a tax on soft drinks would be a useless way to combat obesity. I suspect that the BS quota in his article is very high, but I agree with his conclusion – don’t tax the end product, soft … Read more

Our Choice – the Unavoidable or the Inescapable II

You can’t make an omelet without breaking eggs. That is the situation in which Canada now finds itself.  To live up to our  commitments in the Paris Accord, our governments have to spend money, have to finance third world countries that do not have the money they need, and cut down on emissions  from industries … Read more

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