The Parable of the Prius

I was at a talk on dematerialization a few weeks ago, and one of the speakers told “the parable of the Prius” to illustrate Jevon’s paradox that efficiency gains do not necessarily reduce energy consumption (and from a climate perspective, greenhouse gas emissions). In the case of buying a fuel-efficient Prius, one saves a lot on gas bills but may […]

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Enbridge Pipe Dreams and Nightmares

CCPA released today a report by yours truly on the economic costs and benefits of the proposed Enbridge Northern Gateway Pipeline. In particular, I take aim at the outrageous claims about jobs made by the feds and Enbridge as part of their sales pitch. The report takes a closer look at the input-output modelling of job impacts, and considers alternative investments of $5 billion […]

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Mike McCracken: Winner of the 2012 Galbraith Prize in Economics

The Progressive Economics Forum (PEF) is proud to announce that Mike McCracken, Chair and CEO of Informetrica Ltd. in Ottawa, has won the 3rd biennial Galbraith Prize for a lifetime contribution to economics and social justice in Canada. Congratulations, Mike! Mike co-founded Informetrica in 1972, after working at the Economic Council of Canada, where he helped build the Council’s CANDIDE […]

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Marc’s Conflict of Interest Disclosure

On January 5th, 2012, the American Economics Association adopted new guidelines for the disclosure of potential conflicts of interests by economists. Please find my disclosure information below (thanks to Andrew Leach for turning the AEA guidelines into a template, which I have used as the basis for my own). Employment: I have been employed with the Canadian Centre for Policy Alternatives as […]

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Air travel and carbon footprint

A bi-annual vehicle emissions test got me thinking about my personal carbon footprint. A lot broad-brush numbers and calculators exist out there to calculate one’s footprint, but I’ve never found them to be very reliable because they have to generalize across a very heterogeneous population in terms of location, type of dwelling and size, family size, and fuel sources. For […]

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Odious profits and the Enbridge pipeline

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 stand to make bucketloads of […]

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Are Enbridge’s job numbers credible?

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 the moment let’s consider the […]

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Foreign influence in Canada’s oil patch

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 Canada’s oil and gas sector. […]

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Don’t let dubious political tactics turn us off politics

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 constituents were apparently informed of […]

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The New Politics Initiative: Ten Years After

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 timely reflection on directions for […]

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On climate, Canada is a rogue state

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 benefitted in their industrialization through […]

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We Are The Many

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 version). He plays it with […]

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Who Occupies the Sky?

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 surging inequality and movements for […]

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Home energy retrofit (part 2)

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 one). Over the summer I […]

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The financial wealth of Canada’s top 1%

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 then income) hold 22% of […]

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Wealth and Income in the Top 1%

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 – those who own large chunks […]

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Are the 1% just lucky?

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 don’t really have any […]

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Occupation, democracy and coops

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. Democracy takes time, so what? […]

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Why occupy? It’s the inequality.

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 corporate profits (before tax) going […]

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Are smart meters worth the cost?

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 lots of bold claims in […]

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Fighting energy poverty and the transition to zero-emission housing

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 City of Surrey). The full report as […]

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BC’s New Jobs Plan

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 is just Day One. Because […]

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Remembering Gideon Rosenbluth

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. He had just spent a […]

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Thoughts on “Why not print money?”

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 could have beneficial impacts for […]

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About those “unfunded liabilities”

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 example, John Robson writes in […]

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Canada’s GHG commitment problem

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 continued to increase emissions. In […]

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