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Business 201 Lecture 5. October 7, 2010. Class Outline. Christi Miller, Canadian Youth Business Foundation News Story of the Day - http:// www.financialpost.com/news/Loonie+soars+greenback+swoons/3632773/story.html Alberta Economy and Sustainability Continued Focus on risks
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Business 201Lecture 5 October 7, 2010
Class Outline • Christi Miller, Canadian Youth Business Foundation • News Story of the Day - http://www.financialpost.com/news/Loonie+soars+greenback+swoons/3632773/story.html • Alberta Economy and Sustainability Continued • Focus on risks • Greenhouse gas emissions – various measures and Canadian experience: • : http://www.eia.doe.gov./oiaf/1605/ggrpt/ • FW: http://www.conferenceboard.ca/HCP/Details/Environment/greenhouse-gas-emissions.aspx • FW: http://www.ec.gc.ca/ges-ghg/default.asp?lang=En&n=0590640B-1#section4
Greenhouse Gas Policy Responses • Kyoto Protocol ( 1997)– commitments made by countries to reduce emissions below 1990 levels. Canada committed to 6% below 1990 levels by 2008-12 • What are some of the possible mechanisms to achieve reductions: • Regulation • Market based • Carbon taxes • Offsets • Caps • Cap and trade