Essays on Carbon Tax

as Environment Policy

Effectiveness of Carbon Tax as Environment Policy

Climate change has emerged as a global challenge because unrestrained rising of global temperature would cause melting of glaciers and rise of sea level that would submerge land masses, change weather patterns with frequent incidence of hurricanes and floods and droughts. As an effective response to the challenge, global leaders have agreed to cut back emission of Green House Gases (GTG) to contain the global rise in temperature below 2 degree Celsius (Symon, 2013). Carbon dioxide, a major constituent of GTG, is released to the atmosphere on combustion of fossil fuels such as coal, oil, and ...

Introduction

According to Alexander (2014), the oil sands of Alberta have around 1.7 to 2.7 trillion barrels of bitumen reserves. The recoverable oil resource in Canada is second only to that of the leading oil producer, Saudi Arabia. The vast oil reserves are capable of supplying Canada’s energy needs for over 500 years. Presently, nearly 40 percent of Canada’s oil production is generated from the oil sands (Alexander, 2014). They comprise mainly of bitumen mixed by sand and water. Alberta’s major oil sands are located in Cold Lake, Athabasca, and Peace River. Different deposits and areas have ...

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Introductory remarks

Alberta oil is one of the largest oil fields in the world. According to Simon Dyer, “The Canadian oil sands are the second largest proven oil reserve after Saudi Arabia” (Dyer, 2009). The commercial development of the Alberta oil sand had begun in the late 1960s. By the time World War I had arrived, and after the war was over, Canada was almost entirely dependent on oil from foreign countries. Canadians, after the war, began to wonder if the nation had any oil resources of their own. This interest led to the creation of the Alberta Research ...

Introductory remarks

With the depletion of crude oil deposits across the world becoming a reality with every new day, the world has been forced to start looking at alternative sources of oil. One of these unconventional sources of oil is the bitumen oil found in oil sands. Canadian oil sands have been identified as the second largest oil reserves in the world after those in Saudi Arabia. Most of these oil sands are found in the province of Alberta. These oil reserves are estimated to be an approximate 175 billion barrels of bitumen and sit across an area of 140,800 ...

Introduction

Although technological revolutions continue to transform the industrialized world, the development of industry has not been without its negative consequences, such as Global Warming. The scientific community has come to view carbon dioxide as one of the main contributors to the phenomenon of global warming. Showing great concern and initiative to tackle this problem head on, the Canadian government has proposed several solutions, including the imposition of the Carbon tax. By taxing companies based on the greenhouse gas emissions generated from the fossil fuels they burn, the government and environmental groups believe this policy can help to control the ...

In the 21st century, there is a need to empower people on various issues of sustainability. Based on a global perspective, there are various aspects of unsustainable development, which involve economic, political, environmental, and social. As a matter of fact, the economy of the world is teetering, the inequality between the rich and the poor is tremendously increasing, there is the rise in global temperatures, as well as political instability. This ascertains the need to empower people to make sustainable choices. The process of achieving sustainable development puts people at the centre of progress. Despite many efforts, the concept of sustainable development ...