Posts filed under ‘Finance’

Canadian investor profiles

solar88Canadians who want to invest in environmental solutions and clean technologies (cleantech) – the sector of companies that minimizes the impacts of non-renewable resource use – have several options. Some of these are available to retail investors wary of choosing individual stocks or volatile passive funds characterized by hype and cynicism.

Read Canadian investor profiles by Jason Visscher at Corporate Knights.

January 18, 2017 at 11:27 am Leave a comment

The cost of carbon pricing in Ontario and Alberta

rebate_figureClaims that carbon pricing will lead to skyrocketing price increases throughout the economy are misplaced at best—and misleading at worst.

On January 1, Ontario and Alberta adopted broad-based carbon pricing policies. Alberta opted for a carbon tax while Ontario chose a cap-and-trade system. Alberta’s carbon tax is $20/t of carbon dioxide in 2017, while permits in Ontario’s cap and trade system currently trade at about $18/t of carbon dioxide.

In these early days of carbon pricing, detailed empirical analysis is necessarily limited. Our brief analysis shows that the direct effect of carbon prices will be about $150 (Ontario) to $200 (Alberta) per year for an average household. The indirect effect on carbon pricing on the goods and services we buy will be on the order of $100 for the typical household in 2017. Of course, even modest cost increases may be challenging for many households but rebates can effectively mitigate these concerns. In Alberta, lump-sum rebates will be sufficient to ensure low- and middle-income households aren’t (on average) made worse-off by carbon taxes. Ontario meanwhile has no explicit support program, but has a variety of other initiatives.

Read The cost of carbon pricing in Ontario and Alberta by Trevor Tombe and Nicholas Rivers at Macleans.ca.

January 9, 2017 at 12:19 pm Leave a comment

The Minnesota Series: Original Thinking from the American Midwest

In October 2013, SFU hosted an urban planning lecture featuring Charles Marohn.

Marohn is the co-founder and president of Strong Towns, and a professional engineer who is passionate about planning and small towns. He brings a civil-engineering perspective that results in original ideas such as the “stroad,” a street/road hybrid that manages to be both expensive and unproductive. He’s a fiscal conservative who makes his case effectively to a small-government audience as much as to urban planners and engineers.

September 19, 2016 at 10:49 am Leave a comment

Retirement investing for a warming planet: The impact of climate change

retireLike many people planning for retirement, Olive Dempsey often wonders if she and her husband are investing their money the right way.

The Vancouver couple in their mid-30s are not just worried about whether their choices will allow them to retire. Instead, they also worry about their investments’ suitability to meet the challenges posed by climate change.

For example, food costs are already rising as weather becomes more unpredictable and severe, he says, and could increase substantially because of climate change, a study by the Intergovernmental Panel on Climate Change estimates.

The couple, who have a young daughter, are among a growing number of investors seeking climate-friendly investments. A 2014 survey by 350.org, an international advocacy group for reducing carbon emissions, found that 90 per cent of the mostly North Americans they polled were prepared to consider fossil-fuel-free investments.

To Matt Horne of the Pembina Institute, it’s a heartening trend, especially given that even the best-case scenario for climate change means retirement will probably be considerably more costly than today.

Read Retirement investing for a warming planet: The impact of climate change by Joel Schlensinger in the Globe and Mail.

August 15, 2016 at 10:39 am Leave a comment

Top 10 Ways to Save Money through Sharing

Sharing stuff and services conserves resources and builds our ties with our neighbors—but it also saves money, sometimes a lot of money. The first step is to do an inventory and look at the ways you’re already sharing; I bet you’ll be surprised. Then ask yourself, what else can I share?

Read Top 10 Ways to Save Money through Sharing by Jeremy Adam Smith at Shareable.

July 27, 2016 at 10:41 am Leave a comment

Meatless Mondays are good for the body – and the budget

The average Canadian household is expected to pay $345 more for food this year, according to a University of Guelph report. The rising cost is related, in part, to the low Canadian dollar and U.S. droughts.

Try these small modifications that will not only give your fitness a boost and help you eat nutritiously, but also can actually save you money in the process.

Read Meatless Mondays are good for the body – and the budget by Kiera Vermond at The Globe and Mail.

February 29, 2016 at 11:17 am Leave a comment

Is Your Pension in Climate Denial?

cumulative-emissions-chart-610pxIn a world of constrained carbon, the lowest-cost reserves are likely to be developed first. Canada is a relatively high-cost producer, with Canadian heavy oil projects (in green) requiring a breakeven price of $70-85 per barrel. To meaningfully address climate change, a large share of Canada’s bitumen reserves cannot be developed.

Institutional investors, including some pension funds, are increasingly aware that fossil fuel company business models are not compatible with a habitable planet. But this is not reflected in the annual reports of Canadian public pension funds, which don’t mention climate change as a material risk to pension sustainability.

In effect, Canadian pension funds have been living in a form of climate denial through their major holdings of fossil fuel stock, and are thus exposed to risks from new policies to address climate change. Integrating an understanding of climate policy risk that includes the potential for new regulations, carbon pricing, emission caps and unburnable carbon reserves is a logical next step in the conversation on sustainability within the pension world.

Read Is Your Pension in Climate Denial? by Marc Lee at The Tyee.

January 6, 2016 at 11:44 am Leave a comment

Older Posts


Make a donation
Find local resources

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 150 other followers

Recent Posts

Transition Network
Transition Initiatives Primer

Archives


%d bloggers like this: