The Canadian federal government should respond by introducing a modest carbon, and setting policies to regulate energy uses and transportation. Carbon tax Whether posting a pricing carbon emission has become a controversial debate in Canada since each policy obtain benefits and costs. According to the International Energy Agency, “Canada’s CO2 emissions from fuel combustion in 2009 accounted for approximately 2% of global emissions”. It becomes a convincing argument for people who against imposing the carbon tax policy. On a global scale, Canada is a minor contributor of greenhouse gases emission.
The executive insist on the success of the protocol lays in the new technology and innovation of Canadians, claiming investment on imported technology will be detrimental to the economy. Contrarily, the David Suzuki Foundation issued a research article The Bottom Line on Kyoto ECONOMIC BENEFITS OF CANADIAN ACTION. This article places the emphasis of ... ... middle of paper ... ...g the demands of the Kyoto Protocol, but the enormous focus on the greenhouse gases contributing to global warming may leave other contributor unaddressed. It has been understood the affect of carbon dioxide in the atmosphere could alter the climate, but issues such as deforestation has been shadowed by countries efforts to follow guidelines of the Kyoto Protocol. Though greenhouse gases are a global issues, other aspect towards environmental harm should be accounted as significant as the actions taken towards greenhouse gases.
That was a long time ago, and no reasonable strategy will now say that the key is to keep emissions high. The word that goes now is to become Carbon Neutral, and to add trading of carbon to the portfolio as soon as possible. This text is an attempt to make a rough analysis of the state of Barclays Bank PLC strategy in the area. Four sources were used for this article, being a highly reliable report from Ceres (formerly the Coalition for Environmentally Responsible Economies) from January 2008, an article from the Director Magazine from May 2007 and two sources from Barclays itself; one being a press release from march 2007 and the other being Barclays actual website. These sources and this text were backed up by two articles from the Harvard Business Review issue of October 2007.
Although this agreement wasn’t up to par with the variety of changes needed to avoid dangerous climate changes, it lays out a basic plan for stronger actions to be made in the future. On January 2nd, 2011, the Environmental Protection Agency took action and imposed some regulations in relation to greenhouse gas emissions. These new rules only apply to manufacturers that plan on building large facilities or have some plans to make modifications to plants already in existence. President Barack Obama has made his opinion known by saying that he will put the United States on a track to confront climate change by reducing carbon dioxide emissions and pollutants caused by greenhouse gases. The Federal Government has been using voluntary based programs to reduce emissions and has put together a program to promote climate technology and science.
While many people consume an excess of energy that produces carbon dioxide, the issue of global warming becomes more critical. Since global warming is a severe problem in the world, Bill McKibben wrote the article about the climate change, “The Reckoning.” He tells that people need to care the three important numbers that relate to global warming. He suggests people to know who make carbon dioxide and what are some effects on the atmosphere. On the other hand, The Wall Street Journal published the article, “No Need to Panic About Global Warming,” which tells people not to worry about it and actually carbon dioxide has only little effect on the atmosphere. McKibben’s essay is more successful at developing his argument because it has sufficient and detailed scientific evidences to support his thesis, while The Wall Street Journal only argues superficially and tells the surface of the global warming with deficient in-depth information.
Since carbon emissions have increased over the past few years, ways have been developed to limit the carbon dioxide into Earth's atmosphere. Carbon storing is one of the ways that carbon dioxide is limited. Recently, a professor has developed another way for carbon dioxide to be limited, and used in a productive way by combining it lithium nitrate to produce energy. Globalization could potential change in drastic measures if carbon dioxide could be chemically altered into an energy source. Even the possibility to removing carbon emissions from entering the atmosphere would be a miraculous achievement.
Web. 21 Jan. 2014. "Tax Season 10 surprising stats about small business in Canada." CBC News. N.p., 17 Oct 2011.
It is said that the plan will raise around $27.3 billion over the first four years and will cost $31.6 billion (Oliver 2011). This in addition to the over compensated benefit payments to lower income families would stimulate the economy and this is why we see no reason to change our GDP growth forecasts at this stage compared to pre-carbon tax introduction. In conclusion, it is economically viable and necessary for the carbon tax to be implemented, which would reduce carbon emissions in Australia. The Australian public would not be greatly affected by the rising cost. Over time, with a price being put on carbon, investment in clean energy and growth in cleaner industries will likely offset reduced investment and slower growth in dirty energy and sectors.