THE IMPACT OF HIGH ELECTRICITY COSTS ON ONTARIO MANUFACTURING EMPLOYMENT
This paper actually came out a month ago but I am only just getting it posted. Elmira Aliakbari and I completed a report for the Fraser Institute looking at the changes in Ontario's manufacturing sector since 2005, isolating as best we can the effects of rising electricity costs. We estimate that energy cost increases cost the province about 75,000 manufacturing jobs since 2008, roughly 2 jobs lost for every 1 the province claims was created by its Green Energy Act.
The study received a higher-than-normal amount of media attention including articles in almost all daily papers across Canada, and countless radio interviews including 6 CBC affiliates.
NOVEMBER 7, 2017
HIGH ELECTRICITY COSTS AND MANUFACTURING EMPLOYMENT IN ONTARIO
Newspaper Columns, Commentary and Other
ARE CLIMATE MODELS OVERSTATING WARMING?
There has been a lot of discussion about a new paper tying model over-estimation of warming to the policy agenda; viz., there is more time than previously claimed to implement emission controls. I have written on this previously but in light of the current discussion I put up a blog post at Judy Curry's Climate Etc. blog:
Basically I go through a couple of indicators and arrive at an affirmative answer.
The idea of this site is very simple: to present the complete environmental record of every community across Canada. The site currently shows air emissions by source (back to 1985), air contaminant levels (back to 1974) and monthly average high temperatures (back to 1900) for hundreds of places across the country. Water pollution data are coming this summer.
The layout is self-explanatory and it's very easy to use. The data are all from government agencies, but most of it has not hitherto been disseminated in a usable form to the public. All my sources are, or will soon be, linked and the data I use will all be easily-downloadable.
So the next time you find yourself in a conversation with someone who (i) is convinced that Canada does nothing to protect the environment, or (ii) thinks winters around here used to be a lot colder/longer/snowier; or it never used to be this warm/cold in April/October/ etc, or (iii) worries/guffaws about the alleged/obvious ecological disaster all around us, and you wonder what is actually going on, look at yourenvironment.ca and find out.
Journal Articles and Discussion Papers
EMISSION TAXES AND DAMAGE THRESHOLDS IN THE PRESENCE OF PRE-EXISTING REGULATIONS
Many commentators on carbon taxes have only a superficial grasp of the economic theory, which leads them to think that pricing carbon at the marginal damage rate is economically efficient, even though this is only true under very limited and unrealistic circumstances. Lots of previous studies have shown that the rule breaks down under pre-existing taxes, but no one has looked at the effect of pre-existing regulations. I have released a new working paper looking at this topic.
EMPIRICALLY-CONSTRAINED CLIMATE SENSITIVITY AND THE SOCIAL COST OF CARBON
I have completed a study with Kevin Dayaratna of the Heritage Foundation in Washington DC and David Kreutzer of the EPA, which recomputes standard Social Cost of Carbon (SCC) estimates using updated empirical estimates of the equilibrium climate sensitivity (ECS).
FORMING A MAJORITY COALITION FOR CARBON TAXES UNDER A STATE-CONTINGENT UPDATING RULE
As part of my ongoing project on state-contingent emission pricing I have a new paper with Jamie Lee that looks at the political side of implementing carbon taxes:
A PRACTICAL GUIDE TO THE ECONOMICS OF CARBON PRICING
A lot of people are talking about carbon pricing these days, but few people seem to have studied the underlying economics in any depth. The design of market-based instruments is definitely an area where seemingly obscure technicalities have large practical implications. I was invited by the University of Calgary School of Public Policy to write a survey paper on the economics of carbon pricing and the resulting report has been published as
PIPELINE UNCERTAINTY AND THE MARKET VALUE OF CANADIAN ENERGY FIRMS
Elmira Aliakbari and I looked at the question of whether unanticipated events that have bearing on whether pipeline projects get approved affects the market value of Canadian oil and gas firms. The working paper version of our study is here: