Monday, August 30, 2010

Canada can forge ahead with green house gas emmissions trading, without the US

The carbon/cap and trade market has, for now, been stalled in the US.
How to circumvent that problem?
Might one way be to have Canada start their Carbon market up?
Rather then Canada following suit as usual, Canada will set the tone and the US will just have to 'sing along". In NAFTA Harmonization, of course!


While GHG emissions legislation is at present going nowhere in the US Congress ......

Canada can forge ahead with its own greenhouse gas (GHG) emissions trading system, while limiting the risks of getting too far out of step with the United States, according to a study released today by the C.D. Howe Institute. In Better Together? The Implications of Linking Canada - US Greenhouse Gas Policies, economists Dave Sawyer and Carolyn Fischer suggest that a policy of "go it alone," with prices on emissions that are similar to those of the US, based on the expectation that a US policy eventually will be in place, would be a low-risk strategy for Canada.

2 comments:

  1. Let me guess, as partners with the Chicago Carbon Credits/Swaps?

    ReplyDelete

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