• About
    • Which Energy Mix is this?
  • Climate News Network Archive
  • Contact
The climate news that makes a difference.
No Result
View All Result
The Energy Mix
  • Canada
  • Fossil Fuels
  • Ending Emissions
  • Cities & Communities
  • Electric Mobility
  • Heat & Power
  • Community Climate Finance
SUBSCRIBE
DONATE
  • Canada
  • Fossil Fuels
  • Ending Emissions
  • Cities & Communities
  • Electric Mobility
  • Heat & Power
  • Community Climate Finance
SUBSCRIBE
DONATE
No Result
View All Result
The Energy Mix
No Result
View All Result
  • Canada
  • Fossil Fuels
  • Ending Emissions
  • Cities & Communities
  • Electric Mobility
  • Heat & Power
  • Community Climate Finance
  FEATURED
REVEALED: Imperial Oil, Alberta Regulator Knew of Toxic Seepage at Kearl Mine for Years, Kept First Nation in the Dark October 3, 2023
Oil and Gas, Buildings Drive 2.1% Rise in Canada’s Climate Pollution October 2, 2023
Shell CEO Doubles Down on Renewable Cuts Despite Internal Pushback October 2, 2023
Leading Climate Models Underestimate Clean Energy Progress, Overstate Cost, Study Finds October 2, 2023
UAE Holds Major Oil and Gas Conference Before Hosting COP 28 Climate Summit October 2, 2023
Next
Prev

‘Three Amigos’ Urged to Collaborate on Climate Change, Decarbonization

June 27, 2016
Reading time: 3 minutes

Facebook

Facebook

 

A summit this week will bring U.S. President Barack Obama and Mexico’s President Enrique Peña Nieto to Ottawa to meet Prime Minister Justin Trudeau, in what observers say is a unique opportunity to forge a continental climate response that includes a common approach to setting North American carbon prices.

“I believe you have alignment between these three nations in a way that we haven’t seen before,” said Pembina Institute analyst Erin Flanagan. So “how do we make the most of this time?

  • Concise headlines. Original content. Timely news and views from a select group of opinion leaders. Special extras.
  • Everything you need, nothing you don’t.
  • The Weekender: The climate news you need.
Subscribe

Pembina and five other environmental think tanks from all three North American countries called in advance of the summit for Mexico to join Canada and the U.S. in setting a goal of reducing methane emissions by 40 to 45% by 2025. The same report called for “harmonized” carbon pricing and a fossil fuel subsidy phaseout to accelerate a shift to clean energy.

The Washington, D.C.-based Center for American Progress (CAP) and World Resources Institute, which also contributed to the report, called in a separate release for a common continental carbon “proxy” price. “More and more companies are using an internal carbon price to position themselves for success in future markets,” explained WRI’s Eliot Metzger. “They see that a shift toward low-carbon energy is already under way and inevitable.”

Governments should do the same, the two organizations argued. “The United States, Mexico, and Canada should apply a proxy price when, for example, they evaluate investments in—and permits for—energy infrastructure, such as export terminals and power plants,” CAP wrote in a release. “A proxy price could help determine whether potential projects will remain financially viable in—and whether they are consistent with—a future world with increasingly strict carbon limits.”

“Governments should also apply a proxy carbon price in decision-making regarding cross-border infrastructure, such as pipelines,” the groups added. “This is particularly relevant in North America given the current and future levels of energy integration.”

The Globe and Mail reports, meanwhile, that Mexico is also seeking American and Canadian investment to help it meet its clean energy and greenhouse gas emission reduction goals. “The country has liberalized its energy sector, and is looking for foreign partners to help finance a renewable energy boom,” the Globe observes. As well, “several Mexican states have signalled their interest in joining the Western Climate Initiative, the California-Quebec carbon market that Ontario is in the process of joining.”

Writing in iPolitics, three other experts on the impacts of human-induced climate change called for the summit leaders to address “the need to better understand the continental-scale physics that are changing the climate connections between North America’s Arctic, the United States, and Mexico.”

Dr. Thomas F. Pedersen, Rafe Pomerance, and Ricardo Alvarez, respectively chair of the Canadian Climate Forum, the U.S. chair of a network of NGO scientists on Arctic climate issues, and an expert on the impacts of sea level rise and hurricanes in Mexico, noted that existing monitoring systems “limit the ability of scientists to define with high confidence the domino-effect relationships that span the North Pole to the Equator—like the interactions between the jet stream and sea ice.” They called for the leaders to expand climate monitoring, to “develop trilateral, cost-effective responses to climatic impacts,” and to enact “a collaborative framework that aligns and integrates decision-making to reduce fossil fuel consumption on a continental scale.”

The moment may be especially ripe for the so-called ‘Three Amigos’ summit to move more aggressively on climate, Flanagan suggested: Obama is looking for legacy accomplishments on climate; Peña Nieto has pushed through laws opening Mexico’s energy sector to more renewable contributions; and Trudeau has made restoring Canada’s international climate reputation a central goal of his government.



in Canada, Climate & Society, Ending Emissions, Energy Politics, Energy Subsidies, General Renewables, Jurisdictions, Methane, Mexico, Caribbean & Latin America, Renewable Energy, United States

The latest climate news and analysis, direct to your inbox

Subscribe

Related Posts

jasonwoodhead23/flickr
Tar Sands / Oil Sands

REVEALED: Imperial Oil, Alberta Regulator Knew of Toxic Seepage at Kearl Mine for Years, Kept First Nation in the Dark

October 3, 2023
147
Dawn Ellner/flickr
Carbon Levels & Measurement

Oil and Gas, Buildings Drive 2.1% Rise in Canada’s Climate Pollution

October 2, 2023
62
Ramon FVelasquez/Wikipedia
Finance & Investment

Shell CEO Doubles Down on Renewable Cuts Despite Internal Pushback

October 2, 2023
142

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Trending Stories

jasonwoodhead23/flickr

REVEALED: Imperial Oil, Alberta Regulator Knew of Toxic Seepage at Kearl Mine for Years, Kept First Nation in the Dark

October 3, 2023
147
Ramon FVelasquez/Wikipedia

Shell CEO Doubles Down on Renewable Cuts Despite Internal Pushback

October 2, 2023
142
Iota 9/Wikimedia Commons

‘Huge Loss’ for Local Green Economy as Vancouver Shutters Its Economic Commission

September 28, 2023
359
YouTube

UAE Holds Major Oil and Gas Conference Before Hosting COP 28 Climate Summit

October 3, 2023
75
Solarimo/pixabay

Leading Climate Models Underestimate Clean Energy Progress, Overstate Cost, Study Finds

October 2, 2023
261
Jon Sullivan/flickr

Thorold Gas Peaker Plant Won’t Be Built After Unanimous City Council Vote

September 21, 2023
880

Recent Posts

Dawn Ellner/flickr

Oil and Gas, Buildings Drive 2.1% Rise in Canada’s Climate Pollution

October 2, 2023
62
Northvolt plant in Sweden, Spisen/wikimedia commons

Quebec Lands $7B Battery Gigafactory Investment from Sweden’s Northvolt

October 2, 2023
62
GFDL/Wikimedia Commons

Clean Energy Funding Isn’t Just About Money, Policy Expert Warns

October 2, 2023
39
NASA Goddard Space Flight Center/Wikimedia Commons

Climate Change Brings Rapid Ice Loss to Antarctica, Arctic, Swiss Glaciers

October 2, 2023
58
Duffins Agriculture Preserve/North Country House Media via Greenbelt Foundation

Green Space Groups Gear for Bigger Fights After Ontario Reverses Greenbelt Land Grab

September 28, 2023
221
DiscoverEganville/wikimedia commons

EV Rentals to Improve Transportation Access for Ontario Townships

September 28, 2023
82
Next Post

Warming Arctic creates GHG danger zone

The Energy Mix - The climate news you need

Copyright 2023 © Energy Mix Productions Inc. All rights reserved.

  • About
  • Contact
  • Privacy Policy and Copyright
  • Cookie Policy

Proudly partnering with…

scf_withtagline
The Energy Mix - Energy Central
No Result
View All Result
  • Canada
  • Fossil Fuels
  • Ending Emissions
  • Cities & Communities
  • Electric Mobility
  • Heat & Power
  • Community Climate Finance

Copyright 2022 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.

Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}