Monthly Archives: June 2016

Pumpjack in Alberta

When Traditional Regulation Fails: Using Market-Based Instruments to Improve Environmental Management

Government regulation has long been the traditional mechanism employed to avoid environmental degradation. These Command and Control (CAC) policies tell companies what the environmental standards are and how to meet them. Consider popular environmental policy: emission standards, equipment specifications, disclosure requirements, etc. In recent years, CAC policies have been criticized for discouraging innovation. However, these […]

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Biofuels and the Diversification of Alberta’s Economy

Alberta’s economy has historically relied heavily on the oil & gas industry. As a result, the decline in oil prices in 2015 had a significant impact on the province, which suffered a net loss of over 19,000 jobs. Alberta’s resources are not limited to a wealth of oil & gas resources, the province is also […]

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