Canada, U.S. must have similar policies on carbon, U.S. ambassador says   Leave a comment

“Finding a way to limit carbon emissions will be a major issue for Canada-U.S. relations, and the two countries can’t be too far apart in their policies, says U.S. Ambassador David Jacobson.

Putting a price on carbon is one way to slow down greenhouse gas emissions but the price set by either country could influence where investment decisions are made, Jacobson told The Journal’s editorial board Wednesday.

It’s important that national policies do not give one country a competitive advantage, he said, “so people won’t make economic decisions based on the differences.”

“You don’t want to have a race to the bottom.”

While the issue of greenhouse gas emissions is “the single hardest issue” for the two countries to work through, Jacobson said he’s confident in the end the national policies will work in “sync.” President Barack Obama’s administration will not bring proposals forward this term, he said.”

via Canada, U.S. must have similar policies on carbon, U.S. ambassador says.

Advertisements

Posted September 22, 2011 by arnoneumann in Carbon, Geopolitics

Tagged with ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: