The Progressive Economics Forum

Two obvious but generally unstated details about the Enbridge Northern Gateway Pipeline are climate change and that oil and gas companies stand to make mega-profits. An honest appraisal of the project would be something like, “yes, putting in the pipeline will facilitate even more greenhouse gas emissions from the Alberta oil sands, but our buddies [...]

Putting aside the impact of the proposed Enbridge pipeline on GHG emissions or spills on land and at sea, the case in favour of the pipeline rests on creating jobs. Personally, I think industry and government use “jobs” as a euphemism for “profits” as that is where the lion’s share of revenues go. But for [...]

Natural Resources Minister Joe Oliver’s contention that the National Energy Board hearings on the Enbridge Northern Gateway pipeline are loaded down with foreign special interests is exactly right. But it is not the “environmentalists and other radical groups” that are the problem. It’s the oil and gas industry. This Statscan table lays out foreign ownership in [...]

Here’s a guest post from Ben Gillies, a political economy grad from the University of Manitoba. Canadians Must Not Let Dubious Political Tactics Turn Us Off Politics Altogether By Benjamin Gillies Last week, the Conservatives admitted their party was behind a rash of phone calls to Liberal Irwin Cotler’s federal riding in Montreal, in which [...]

The United Nations climate change talks in Durban, South Africa, ended 2011 with a whimper. After a year in which climate disasters rolled across the globe, major polluting nations like Canada chose to ignore them, seeking instead to disrupt the Durban negotiations, then blew the world a raspberry, by officially pulling out of the Kyoto [...]

In June 2012, the PEF will be awarding the third John Kenneth Galbraith Prize in Economics. Nominations are now open to all PEF members in good standing (if you are a lapsed member or want to join for the first time, click here), and the window for nominations will stay open until January 31, 2012. [...]

Rabble.ca is running a series of reflections on the tenth anniversary of the New Politics Initiative, which sought to create a more democratic politics in Canada ideally as part of a revitalized NDP. The vision statement is here; my piece follows, and there are also contributions from Judy Rebick and Jim Stanford. Altogether these make for a [...]

On Sunday, CTV leaked Canada’s intentions to pull out of the Kyoto treaty process on climate change. What is significant about Kyoto is that it is a legally binding international treaty, and one that puts the onus of emission reductions on the countries that have done the most to cause the problem (and who have most [...]

By now, you’ve probably heard about the artist Makana, who played We Are The Many to a room full of the handmaidens of the 1% (politicians), most of whom did not notice. It is a lovely song, and not to hard to play. Here are the lyrics and my version of the chords (based on this [...]

Over a year ago, I posted “What are the Game Changers?“, an attempt at sparking some strategic thinking for the broader left. Now that we’ve had a month of Occupation, building on the original Occupy Wall Street action, I’ve been wanting to put these ideas back on the table, so below I recycle much of [...]

CCPA released a new report today by myself and Amanda Card that makes the links between inequality and carbon footprints. We look at the distribution of greenhouse gas emissions for Canada, building on an analysis of BC emissions. While it was not planned this way, the analysis is timely given the Occupy movement’s focus on [...]

This summer I put our household through an energy efficiency retrofit. I was working on a research paper on energy efficiency, and then both the BC and federal governments announced new funding for their retrofit programs, so I engaged in some direct action research, staring with an energy audit of our home (more in part [...]

Following up on my post on wealth and income of the top 1%, Eric Pineault wrote to add some data on financial wealth distribution for Canada. He had a research assistant comb through microdata from Statcan’s Survey of Financial Security from 2005, and notes: “the 1% richest (all households are classed according to net worth rather [...]

One thing I really like about the Occupy movement is that it reclaiming mental space. I’m thinking of the overt focus on the riches gained by the top 1%, and of naming and shaming capitalism. Two are one and the same, of course. It is in the top 1% that we find the capitalists – [...]

I expect some folks who oppose the Occupy movement will weigh in on merit – that the top 1% are deserving of their riches because they include people who pay a lot of wages and salaries for ordinary folk. That is, the story of hard-working, risk-taking entrepreneurs who should not be punished for being successful. [...]

I hung out a while yesterday at the Vancouver Occupation, and was impressed with their efforts at radical democracy. Many in the mainstream press have been quick to pile on for how time-consuming decision-making can be under this model, but perhaps they have not spent enough time in legislatures and committee meetings and public consultations. [...]

The Occupy Wall Street protests hinge on injustice, in particular a malaise with the current economic system that has brought us a tremendous inequality and the rise of the super-rich, or top 1%. But surely that is just the US? Alas, no. The figure below shows the change in BC labour income (wages and salaries) and [...]

A notice in my mailbox last week told me that smart meters are going to be installed in my neighbourhood. I’ll admit that the geek in me would like to see real-time information about my energy usage, but as an economist I’m interested in costs and benefits of the program. So far we have seen [...]

Today CCPA released a new Climate Justice Project report, Fighting Energy Poverty in the Transition to Zero-Emission Housing: A Framework for BC, by yours truly, Eugene Kung (a lawyer with the BC Public Interest Advocacy Centre and a steering committee member of the CJP) and Jason Owen (who worked on this project as a student at UBC, now with the [...]

If you are interested in what BC’s new Premier Christy Clark is doing on the job creation front, check out a couple articles on the BC Policy Note blog (here and here). Like the Dance of the Seven Veils, the Jobs Plan is being revealed piece by piece over the next few days, and today [...]

Below is the text of the obituary for Gideon Rosenbluth, a renowned progressive economist and inspiration to us at the PEF, and a past president of the Canadian Economics Association. **** Gideon Rosenbluth January 23, 1921 ­ August 8, 2011 Gideon Rosenbluth died suddenly in Vancouver while swimming with a friend on a sunny day. [...]

Richard Gilbert’s “Why not print money?” in the Globe’s Economy Lab toys with more radical monetary intervention as a response to the crisis. Desperate times, they say, call for desperate measures. The title (which was perhaps not Gilbert’s at all) is more provocative than the article itself, which is mostly about tolerating higher inflation that [...]

When it comes to the Canada Pension Plan, a major talking point from the right is that the CPP has “unfunded liabilities”, with the implication that is not affordable and financially unsustainable. This is nonsense, a scare tactic based on an accounting fiction that counts only future expenditures but does not count future revenues. For [...]

For the past decade, Canada’s GHG emission targets were framed by the Kyoto Protocol, in which Canada committed to a 6% reduction in emissions by 2012 relative to 1990 levels (590 million tonnes of carbon dioxide equivalent, or Mt CO2e). In spite of signing this treaty and its ratification through Parliament in 2002, Canada has [...]

A recent paper by Ackerman and Stanton did some re-estimates of the Social Cost of Carbon, finding this measure of the externality (or costs imposed on third parties) from burning fossil fuels could be as high as $893 per tonne of CO2, rising to $1,500 per tonne by 2050. These are extreme estimates, but they [...]

Our climate justice framework for BC is to eliminate fossil fuels by 2040. In the household sector, this poses a significant challenge, not so much in terms of technology and knowledge, but because natural gas is much cheaper than electricity per unit of energy. Even though BC has among the lowest prices in North America, [...]

I was in the budget lock-up in Ottawa back in 2009, when the feds announced a home renovation tax credit as part of the stimulus package, and one of my first thoughts was “kitchen reno”. Months later we had a nice kitchen upgrade to enjoy as our contribution to getting the Canadian economy back on [...]

Besides the carbon tax, one of the most important BC government climate action initiatives has been the adoption of Carbon Neutral Government. That is, count emissions from public buildings and travel, reduce them as much as possible and pay for carbon offsets to negate the rest. As of the 2010 calendar year, the BC government [...]

Down south, the Obama administration is in a dangerous game of chicken with Republican congressional leaders, who are cynically holding the US economy hostage in order to impose a radical agenda of spending cuts. Obama has seemingly bought into the rhetoric of cutting debt, rather than focusing on the real US problem of unemployment. Yet, [...]

Any day now the BC government should be releasing the latest greenhouse gas data for the province, and we will see if any progress is being made towards a legislated 33% reduction in emissions by 2020 (relative to 2007 levels; data will be for 2009 and we know that emissions rose in 2008). Below the [...]