____ Power Projects Pause

[chuckChuck]

Article on Reuters today: “China’s progress on renewables to meet climate goals undermined by coal expansion-research.”

”It has granted permits for 152 gigawatts of new coal power since the start of 2022, starting construction on 92 gigawatts, with total capacity on track to rise 23% by 2030.”

To put this in perspective, at its peak Alberta has 5.4 gigawatts of coal fired generation! We certainly saved the world in Alberta when the NDP legislated the early end of coal fired electrical generation and now Albertan’s are paying for it with higher electricity prices.

Yup and Alberta has 4 million inhabitants and China 1.425 billion people.

So lets compare Apples to Apples,

Alberta's emissions per capita are the second highest in Canada at 58.02 tonnes CO₂e – three times the national average of 17.68 tonnes per capita.Aug 24, 2023

China's 7.44 tonnes per capita!

Looks like Alberta has some work to catch up with China's emissions per capita that are almost 8 times lower!

[furrowtickler]

What’s the emissions per km2 of both countries ?

[Guest]

Or per tonne of food produced to feed these over populated countries?

[fjlip]

Per capita is the DUMBEST way to compare. It's all models calculations estimates...who weighs the C02? Phuck it's heavy!

[shtferbrains]

Looks like Alberta has some work to catch up with China's emissions per capita that are almost 8 times lower!

Again Chuck, like your Lazard example, if you don't use actual data you can make numbers say anything you want.
NASA recently released actual data on CO2 emissions by country.
It seems Canada factually sinks about 1 Billion tonnes of CO2 per year.
So about 30+ lbs per Canadian?

[shtferbrains]

The greenest sink the most

[furrowtickler]

Sad reality …

[Blaithin]

[url]https://cnb.cx/3V4cUN4[/url]

[chuckChuck]

The problem with Crypto's assertion that the carbon tax is a big cause of inflation is that it is not true!

According to Bank of Canada,the direct cost is 0.15% and Trevor Tombe at the U of C said according to his calculations, these knock-ons (indirect costs) do add to the impact of inflation, but they certainly don't double or triple the blow. In Ontario, the direct and indirect effects inflate prices by 0.207 per cent a year. In Alberta, it's 0.1875 per cent.??

Crypto is lying and counting on the fact that most voters will blame the rising costs on the Liberals.

So Crypto is going to cut the tax and the climate action rebate. Prices will not go down significantly and consumers won't get the rebate so they will be worse off. Crypto will have a lot of explaining to do.




There's now a Bank of Canada number for carbon tax's impact on inflation. It's small

Making everything more expensive? Only by a fraction of a percentage point

Jason Markusoff ([url]https://www.cbc.ca/news/canada/calgary/author/jason-markusoff-1.6448323[/url]) · CBC News · Posted: Sep 08, 2023

It's inescapably true that the federal carbon tax makes life for Canadians more expensive — before the "climate action incentive" rebate — and Bank of Canada governor Tiff Macklem reiterated this on a visit to Calgary on Thursday.

He brought further clarity to the highly charged political discourse by putting a number on it.

That number: 0.15 percentage points of the inflation increase can be attributed to the carbon tax.
?Consider that impact this way: with year-over-year inflation lately hovering around three per cent, this means the carbon tax causes one-twentieth of price increases. When inflation peaked at just above eight per cent last year, the carbon tax would have been responsible for one-54th of it.

Normally one to deal in data rather than estimates, Macklem didn't offer a more universal figure on the carbon tax, with the direct fuel markup added to the indirect costs those increases have on goods.

For that, we'll go to Trevor Tombe, the University of Calgary economist who's well-versed enough in this matter that he can harness Statistics Canada data to figure out these indirect costs.

According to his calculations, these knock-ons do add to the impact of inflation, but they certainly don't double or triple the blow. In Ontario, the direct and indirect effects inflate prices by 0.207 per cent a year. In Alberta, it's 0.1875 per cent.?

In other words, we can rightly blame Trudeau's carbon tax for about one-fifteenth of Ontario's current inflation, or one-sixteenth of Alberta's. "Relatively small," is how Macklem put it.
?

[Guest]

Is this the only paid off prof you can find?