Canada’s carbon tax will increase 50% on April 1, 2020. The tax, which applies to emissions from the burning of fossil fuels, will increase from $20/T CO₂ to $30/T CO₂. The impact on natural gas will be to increase the tax from $1.04/GJ to $1.57/GJ. The carbon...
Several recent natural disasters have forced some of our North America clients to curtail their business operations. In California, the public utility cut power to a million properties. Pacific Gas & Electric adopted these measures during a severe drought, to...
Corporate executives and financial professionals should begin quantifying climate risks and reporting them in their financial statements, according to sustainability expert, Dr. Bob Willard. “Canadian business leaders need to recognize and anticipate the...
IT’S TIME TO DELIVER CHANGE IN THE ALBERTA ELECTRICITY MARKET By: Sheldon Fulton Last week I opened my monthly Enmax utility bill. My energy cost was $158.00. However, just $45 was for the actual electricity and gas I consumed. The rest were charges for ‘delivery’ of...
People tend not to worry about natural gas prices during the summer. This is mostly because natural gas has been consumed during the winter for heating purposes. Summer consumption has historically been lower than winter consumption. Prices in the summer have tended...
Large energy consumers are worried about Ontario’s electricity market place. They expressed their concerns at two consultations hosted in June by Greg Rickford, Ontario’s Minister of Energy, Northern Development and Mines and by Todd Smith, Minister of Economic...
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Since April 2019, the carbon tax has risen by 250%. As the charge increases, it makes up a greater and greater proportion of energy costs and can have a bigger impact on your bottom line.
