Economics

Just Recovery for All

Jun 23 2020 - 1:00pm

 

On June 23, at 1:00 PM MT thousands of people will join a mass Zoom rally organized by Leadnow, 350 Canada, Climate Action Network and Sierra Club BC to create a loud drumbeat across Canada behind the Just Recovery principles launch and deliver petition signatures from various orgs to MPs who will be attending. Read more about Just Recovery for All

New report on the intersection of the Polluter Pays Principle and insolvency laws

At the Environmental Law Centre blog, Jason Unger writes about the "polluter pays principle" and its intersection with the economic challenges Alberta faces resulting from the COVID-19 pandemic and low energy prices.

…it remains unclear how our society will uphold and promote the polluter pays principle, not only today and tomorrow but well into the future.

Read more about New report on the intersection of the Polluter Pays Principle and insolvency laws

Boosting electric vehicle production could stimulate Canada’s economy

New report from the Pembina Institute and the International Council on Clean Transportation shows potential in Canada’s light and heavy duty electric vehicle production industry

TORONTO — To future-proof Canada’s auto industry and ensure the country holds its position as a top global auto producer, targeted policy support to enable a shift to electric vehicle production is critical, according to Power Play: Canada’s role in the electric vehicle transition, a new report from the Pembina Institute and the International Council on Clean Transportation.  Read more about Boosting electric vehicle production could stimulate Canada’s economy

Green Stimulus: Principles and recommendations for a 2020 economic stimulus package

The Pembina Institute has published their recommendations for a green economic stimulus package. In the publication, Pembina identifies four principles that are "integral to a stimulus response that ensures the future resilience of our economy":

  1. Priority should be given to funding that supports employment opportunities that are resilient to future economic shocks and disruption as the world seeks to limit warming to 1.5 degrees Celsius.
  2. Investments that support the development of industries and businesses producing low- and zero-carbon goods and services should be prioritized to grow the foundation for Canada’s low-carbon economy and secure our domestic supply chain.
  3. Investments in industry should incent decarbonization efforts that go beyond existing regulatory requirements.
  4. Where possible, all stimulus and relief decisions should be made through the lens of Canada’s ability to meet its climate commitments.

While financial relief for impacted Canadians should be immediate and widereaching, economic stimulus interventions, if designed with climate and economic resilience in mind, represent an extraordinary opportunity to simultaneously boost the economy in the short term and make a down payment on a prosperous, resilient future.

Read more about Green Stimulus: Principles and recommendations for a 2020 economic stimulus package>

Staying the course on carbon pricing sends strong investment signal

Pembina Institute reacts to scheduled increase of national price on pollution

OTTAWA — Isabelle Turcotte, federal policy director at the Pembina Institute, made the following statement in response to the scheduled increase of the federal carbon price going into effect today: Read more about Staying the course on carbon pricing sends strong investment signal

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