As Alberta struggles with its most devastating recession ever, a new study highlights why different climate change policy choices made by Canada and the United States point to continued hardship for Canada’s top oil producing province.
The two trading partners are focusing on different areas for GHG reductions and are using different policy tools because of their unique resource endowments, geography, climate, history and politics, according to the study by IHS Energy, led by Kevin Birn.
In the U.S., the front line is power generation from coal, because that is its largest source of emissions. In Canada, the bull’s eye is on oil and gas, and particularly the oilsands. Continue Reading →