emissions

Editorial: A $30-Billion Tax Shift

A friend of mine in Calgary just bought a home. The neighbourhood isn’t fancy – most houses are 50-year-old utilitarian bungalows – but it’s close to the university and not far from downtown. Although my friend’s purchase is one of the more dilapidated specimens on her street, she paid a cool $800,000 for it. Such is the situation in this heated-up town where I lived for 16 years.

Saying No to Growth

At a time when living beyond one’s means seems to be the rule rather than the exception, the town of Okotoks is bucking the trend. It has limited its boundary and capped its population at 30,000. Why 30,000? That’s the carrying capacity of the Sheep River, a slow-moving stream that ­meanders through this bustling community in Southern Alberta, which lies 18 kilometres south of Calgary. ...

Slip Sliding Away (34.6)

Most Canadians assume that Alberta is getting filthy rich from its hydrocarbon resources. In comparison with Norway, however, Canada’s wealthiest province is failing to live up to its potential. Both jurisdictions produce about the same amount of fossil fuels and have populations of a similar size, but that’s where the similarities end. “Compared to Norway, Alberta is collecting peanuts,” notes Jim Roy, an Edmonton-based royalties consultant who advises several national governments. This Scandinavian nation knows how to save for the future, banking much more than Canada’s tar sands empire.

No Carbon Copy (34.6)

In March 2008, the Canadian government released the latest details of its proposed action plan for tackling climate change in Turning the Corner: Regulatory Framework for Industrial Greenhouse Gas Emissions. It doesn’t include provisions to reach Canada’s Kyoto target of a six-per-cent reduction from 1990 levels by the 2008 to 2012 reporting period. Instead, it outlines proposals for reducing emissions of carbon dioxide (CO2) and other greenhouse gases (GHGs) by 20 per cent below 2006 levels by 2020, and by 60 to 70 per cent below 2006 levels by 2050.

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