Decouple

Ontario’s Climate Retreat feat. Edgardo Sepulveda


Listen Later

In the past two decades, Ontario has become a world leader in clean electricity by phasing out coal generation, which it did 90% by restarting units at the Bruce and Pickering Nuclear Generating Stations. Ineffective clean energy policies now threaten that leadership. With the decision of Ontario Power Generation not to refurbish Pickering, fossil gas is set to ramp up to fill the lost capacity. The closure of 3.1 GW of nuclear power at Pickering and its replacement with fossil gas will constitute at least a 1% increase in Canada's total emissions.
And on the carbon pricing front, while Ontario has adopted a carbon tax, a closer look shows it is too lax in its current form to make a real difference, exempting upwards of 90% of emissions from gas plants. And this comes at a time of massive increase in electricity demand planned due to electrification.
In this Ontario-focused episode, returning guests and regulatory economist Edgardo Sepulveda takes us through what Ontario got wrong with its carbon tax and how the province is headed towards higher emissions.
Read Edgardo's in-depth analysis on his blog: https://www.progressive-economics.ca/2021/07/ontario-electricity-viii-backwards-on-climate/
Learn more about the Tax the Gas & Save Pickering campaign: www.taxthegas.org
...more
View all episodesView all episodes
Download on the App Store

DecoupleBy Dr. Chris Keefer

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

143 ratings


More shows like Decouple

View all
Macro Voices by Hedge Fund Manager Erik Townsend

Macro Voices

3,058 Listeners

Odd Lots by Bloomberg

Odd Lots

1,984 Listeners

Conversations with Tyler by Mercatus Center at George Mason University

Conversations with Tyler

2,459 Listeners

Energy Gang by Wood Mackenzie

Energy Gang

1,250 Listeners

Columbia Energy Exchange by Columbia University

Columbia Energy Exchange

400 Listeners

Hidden Forces by Demetri Kofinas

Hidden Forces

1,475 Listeners

Redefining Energy by Laurent Segalen and Gerard Reid

Redefining Energy

129 Listeners

Palisades Gold Radio by Collin Kettell

Palisades Gold Radio

266 Listeners

Eurodollar University by Jeff Snider

Eurodollar University

465 Listeners

The Grant Williams Podcast by Grant Williams

The Grant Williams Podcast

1,351 Listeners

Volts by David Roberts

Volts

645 Listeners

The Great Simplification with Nate Hagens by Nate Hagens

The Great Simplification with Nate Hagens

437 Listeners

Catalyst with Shayle Kann by Latitude Media

Catalyst with Shayle Kann

282 Listeners

Thoughtful Money with Adam Taggart by Adam Taggart | Thoughtful Money

Thoughtful Money with Adam Taggart

418 Listeners

Monetary Matters with Jack Farley by Jack Farley

Monetary Matters with Jack Farley

155 Listeners