Aaron Cosbey

@aaroncosbey.bsky.social

climate and energy policy, trade and investment policy, and all the stuff in between if i can't dance, i don't want to be part of your revolution

My latest: What if many countries adopt border carbon adjustment? How to prevent the nightmare scenario of many different requirements for measurement, reporting and verification of GHG emissions - a burden that would fall most heavily on SME exporters and those from developing countries?

IISD Economies@economies.iisd.org · 12mo ago

🌍 As more countries explore #BCAs, how can we prevent #Trade frictions, especially for #SMEs & developing nations? @aaroncosbey.bsky.social explains that success hinges on the interoperability of these systems. 🔗: www.iisd.org/articles/pol... #CBAM #CarbonPricing #ClimatePolicy #NetZero

(1/8) 🌍 An industrial policy renaissance Governments are using #subsidies and other measures to help domestic industries play a role in the green transition—while strengthening economic competitiveness. A new IISD report explores how this is reshaping trade and investment .👇

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Nameless German firms to Hodgson: We'd be "interested" in Canadian LNG. I'm sure. Every importer wants a surplus of exporters. That doesn't mean they'd commit to any long-term deals. And it doesn't mean that they've thought through the business case from a Canadian perspective. bit.ly/3Kvro96

Natural resources minister presses case for Canadian LNG exports to Europe | CBC News

At a news conference wrapping up a trip to Berlin, Natural Resources Minister Tim Hodgson said German companies have told him they are interested in Canadian liquefied natural gas, and that his govern...

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Hey fellow Canadians. Cost of living more important to you than addressing climate change? Here's a 10-year graph of my home insurance costs, following on recent years of monstrously costly floods, wildfires, storms. Just 1 of so many ways in which we're paying for *not* addressing climate change.

my rising home insurance cost in Canada, in large part due to climate-change-fueled floods, wildfires, storms in recent years

Your years of waiting and yearning are over! 😁 Deep-detailed guidance on best practice in border carbon adjustment -- the product of dialogues that brought together over 20 global experts from a wide range of backgrounds.

International Institute for Sustainable Development@iisd.org · last yr.

📢 New report! If done right, Border Carbon Adjustments #BCAs, like the EU & UK #CBAMs, can support just transitions, but getting their design right is key. ✅ After2️⃣ years of expert insight, @economies.iisd.org presents this landmark set of recommendations. 🔗: www.iisd.org/publications...

This isn't surprising, in that the emissions cap has for a while seemed an obvious sacrificial lamb. But if Ottawa sees it as potentially a straight-up trade-off for Pathways (oil-sands carbon capture) finally happening, I think it's missing a step. www.thestar.com/politics/fed...

Insiders say Mark Carney could compromise on emissions cap

Once hailed under prime minister Justin Trudeau's leadership as a marquee plank of Canada's climate action under the Liberal government, the proposed emissions cap is also politically contentious, wit...

thestar.com

“Climeworks’ [direct air capture] energy needs: … It would take up to 72 terawatts to fully offset Iceland's carbon footprint each year … equivalent to almost four times Iceland's electricity production.” Something very wrong with this equation. bit.ly/4drzWbA

Climeworks’ capture fails to cover its own emissions

The carbon capture company Climeworks only captures a fraction of the CO2 it promises its machines can capture. The company is failing to carbon offset the emissions resulting from its operations – wh...

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Trump to scrap billions in DoE support for industrial decarbonization. Terrible for climate progress, jobs, investment. But also: condemns US industry to be dirty & uncompetitive in the global green markets of the future. Threatens the manufacturing base that GOP claims to cherish. bit.ly/452NbNv

‘It’s bleak’: Trump prepares to gut investments to clean up heavy…

The Industrial Demonstrations Program would create thousands of jobs while helping modernize U.S. industries like steelmaking. It’s on Trump’s chopping…

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Investor-State Dispute Settlement (ISDS) deserves all the shade that gets thrown at it. But it also can be used to protect renewable energy investments like Equinor's. Expect the Trump admin to get slapped with billions in claims for arbitrarily shutting down approved projects. bit.ly/4lRBDCZ

Equinor considers suing Trump administration over halted US windfarm

Norway’s state energy company’s $2.5bn project off coast of New York was almost a third finished

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"On Friday, the WFP said it had distributed the last of its stocks to the approximately 50 kitchens where hundreds of thousands of people line up daily to take food back to their families." US cuts to WFP -> 40% drop in its budget & 60m people at risk worldwide www.ft.com/content/c947...

UN agency runs out of food in Gaza as Israel’s siege takes devastating toll

Extreme hunger intensifies as Israeli politicians rebuff calls to allow supplies into shattered enclave

ft.com

Facebook consistently offers up misinformation/scamming content, is unwilling/unable to address the problem. Do we just throw up our hands? Or do we mandate that they (and any others) will be shut down in Canada if they don’t meet reasonable standards? #OnlineHarmsAct bit.ly/3YQWgFh

Scam political ads on Facebook take a dark turn as Canada's election looms - The Logic

The bogus ads show politicians with black eyes and make claims of major scandals for Pierre Poilievre and Doug Ford.

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Why it makes no sense to subsidize oil production. As demand for oil begins secular decline, it will be increasingly difficult for OPEC+ to assert discipline. Low prices, low profits/royalties, declining jobs, amplified cyclical swings. Oil is going into a messy and painful sunset. bit.ly/3RvFckj

Kazakhstan’s OPEC+ defiance could push Saudi into a painful price war

Kazakhstan's public defiance of the OPEC+ oil production alliance could signal its exit from the group and push Saudi Arabia into a painful price war at a precarious moment.

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This is such a great group! Stand by for our guidance on border carbon adjustment, coming later this spring/summer.

International Institute for Sustainable Development@iisd.org · 2y ago

Last week, we hosted the final Global Stakeholder Dialogue on Border Carbon Adjustments, bringing together experts to shape fair & effective #BCA guidelines. 🌎 Guidance is 🔑 to avoiding regulatory fragmentation, protecting developing countries & preventing protectionism. [1/5]

Trump considers ignoring ongoing negotiations on deep sea mining code for international waters, greenlighting environmentally destructive US operators. In other news: Trump finalizing plans to commission American privateers on open seas, to improve US trade balance. bit.ly/4iVrZgA

Exclusive: White House weighs executive order to fast-track deep-sea mining, sources say

Trump's deep-sea mining order is likely to stipulate that the U.S. aims to exercise its rights to extract critical minerals on the ocean's floor.

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Canada has axed its carbon tax on fuels. May have been politically necessary, but what does it mean for our climate targets, the incentives for uptake of EVs, heat pumps, renewable energy? The incomparable @bsaxifrage.bsky.social breaks it down as only he can. Spoiler: it's not good. bit.ly/4chsqiP

Canada axed the tax and made pollution cheap again

Chopping $20 billion off the price of climate-polluting fuels means more pollution and fewer reasons to buy climate solutions. Here's a deep, chart-packed, dive into what just happened.

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