Reposted by Aaron CosbeyIISD Economies @economies.iisd.org · 24/11/2025💡 Need a refresher on the ins and outs of Border Carbon Adjustments #BCAs? Learn from our lead expert, @aaroncosbey.bsky.social why effective design and international cooperation are essential to their success. 📽️ Watch it here: www.youtube.com/watch?v=XnqK... [2/2] 032
Aaron Cosbey @aaroncosbey.bsky.social · 08/11/2025My 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? 031
Reposted by Aaron CosbeyIISD Economies @economies.iisd.org · 20/10/2025(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 .👇 121
Aaron Cosbey @aaroncosbey.bsky.social · 02/10/2025Nameless 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/3Kvro96bit.lyNatural resources minister presses case for Canadian LNG exports to Europe | CBC NewsAt 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... 040
Aaron Cosbey @aaroncosbey.bsky.social · 13/08/2025At this point you expect more outrageous stuff every day. But this is a whole new level of outrageous. 010
Aaron Cosbey @aaroncosbey.bsky.social · 10/08/2025Republican lawmakers' smokescreen: "The smoke you're choking on definitely has nothing to do with climate change. The real culprit is criminally negligent foreign forest managers." bit.ly/45tXeKjbit.lyMore Republican lawmakers demand legal action over Canadian wildfire smokeThe Republican lawmakers called for an investigation of Canada's wildfire management practices and for potential remedies under international law, saying Canada must face "real consequences." 022
Aaron Cosbey @aaroncosbey.bsky.social · 24/07/2025I used to believe that the increasing frequency of climate disasters would create a constituency for climate policy ambition. Not if so many people believe that climate-related disasters are globalist plots. 010
Aaron Cosbey @aaroncosbey.bsky.social · 17/07/2025Hey 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. 010
Reposted by Aaron CosbeyMax Fawcett @maxfawcett.bsky.social · 10/07/2025On her dream of doubling Alberta's oil production, as on most things, Danielle Smith is in complete alignment with Alberta's separatists. Here's why they're both going to be proven badly wrong. #abpoli #cdnpoli www.nationalobserver.com/2025/07/10/o...nationalobserver.comAlberta will never double its oil productionBoth Danielle Smith and the separatists she keeps enabling want to see Alberta double its oil production. Spoiler: It won't be Mark Carney or the Liberal government that ends up stopping them. 1416974
Aaron Cosbey @aaroncosbey.bsky.social · 10/07/20251 - We’ll get busy improving your voters’ vacations, right after we deal with the misery of 10s of thousands of CAD wildfire evacuees. 2 - We’ll improve forest management (already doing it), and you stop pretending arson is the issue, and instead stop emitting so much goddamned greenhouse gas. 220
Aaron Cosbey @aaroncosbey.bsky.social · 10/07/2025Six US Congressmen complain to Canada’s Ambassador that Canadian wildfires are wrecking their constituents’ summer holidays, ask us to do better at forest management and preventing arson. How about this for a deal? (1/2) bit.ly/3TArY6Kbit.lyTrump allies fume Canadian smoke is ruining summer – and offer misinfo as the solutionSmoke from Canadian wildfires that have forced about a quarter of a million Canadians to evacuate since 2023 are preventing Americans in Trump-voting districts from "spend[ing] time outdoors recreatin... 110
Aaron Cosbey @aaroncosbey.bsky.social · 09/07/2025Your 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. 220
Aaron Cosbey @aaroncosbey.bsky.social · 05/07/2025The key is that any subsidy that encourages exports is a prohibited subsidy, and I guess you can see why they would agree to that. Free allocation, granted to all production, does not favour or encourage exports. 210
Aaron Cosbey @aaroncosbey.bsky.social · 05/07/2025The first man through a minefield makes it more feasible for those that follow, even if he blows up in the attempt Less glib: EU will argue that their solution is legal. Followers can parrot the argument. By the time WTO rules one way or the other, the policy will have solved short term problem. 020
Aaron Cosbey @aaroncosbey.bsky.social · 05/07/2025Because it's almost certainly WTO-illegal, and that's a bridge the EU has up until now refused to cross. 220
Aaron Cosbey @aaroncosbey.bsky.social · 05/07/2025BCA levels playing field between domestic goods paying a carbon price and imported goods. But only in domestic markets. A producer exporting a significant % of production will be hooped, sending commodities burdened by a C-price into global markets. CAD producers export a high % of their production. 110
Aaron Cosbey @aaroncosbey.bsky.social · 04/07/2025This opens the door for other countries considering BCA (e.g., UK, Norway, Australia, Canada) to follow suit. I’ve argued the main reason Canada can’t do a BCA is hesitation to implement a potentially WTO-illegal export adjustment (Canada’s export percentages being much higher than the EU’s). 140
Aaron Cosbey @aaroncosbey.bsky.social · 04/07/2025Details by end of 2050. Per the proposal, will be: • Quickly adopted • Proportional to phase out of free allocation • Contingent on progress on decarbonization (?) • WTO legal On that last point, let’s see: many argue it’s not possible. (3/4) 240
Aaron Cosbey @aaroncosbey.bsky.social · 04/07/2025This was inevitable. Those industries are under pressure from high feedstock/fuel prices, global over-supply. Losing their export markets (which they would if no export adjustment) would be a death knell for many, would be a major source of carbon leakage. (2/4) 130
Aaron Cosbey @aaroncosbey.bsky.social · 04/07/2025Breaking: European Commission has proposed that CBAM-covered producers of steel, aluminum, cement & fertilizers will be relieved of the EU ETS carbon price for exports. Some thoughts. (1/4) bit.ly/4knZmZlbit.ly 1120
Reposted by Aaron CosbeyProf. Ian Walker @ianwalker.bsky.social · 10/06/2025The economics version of "It doesn't count if it's not on Strava" 0293
Reposted by Aaron CosbeyAdam Radwanski @aradwanski.bsky.social · 06/06/2025This 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...thestar.comInsiders say Mark Carney could compromise on emissions capOnce 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... 263
Aaron Cosbey @aaroncosbey.bsky.social · 05/06/2025Thoughtful coverage of our new report calling for a new Canadian industrial strategy. We lay out specific recommendations, based on the lessons of successful Canadian and international industrial policies. carboncompetitiveness.ca/wp-content/u...carboncompetitiveness.ca 022
Reposted by Aaron CosbeyStephen Jacob Smith @stephenjacobsmith.com · 25/05/2025Chinese HSR does Beijing-Shanghai – which is about the distance as NYC-Atlanta – in just over four hours, and gets six times the ridership of airlines. $1.8 billion in net profit last year. scmp.com/economy/chin...scmp.com‘More convenient’: why China’s travellers are ditching planes for bullet trainsMore passengers on busy Beijing-Shanghai route are choosing high-speed rail, which offers flexibility, comfort and stable internet access. 401048285
Aaron Cosbey @aaroncosbey.bsky.social · 20/05/2025In that same request for consultations: an argument against free allocation to sectors at high risk of leakage under the EU ETS, alleging that it's an export subsidy. 010
Aaron Cosbey @aaroncosbey.bsky.social · 16/05/2025“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/4drzWbAbit.lyClimeworks’ capture fails to cover its own emissionsThe 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... 010
Aaron Cosbey @aaroncosbey.bsky.social · 16/05/2025Have you ever wondered what things we’re doing today will be shocking to folks 20 years from now? The “kids dancing in DDT fog” test? In my top 10: cooking by burning fossil gas inside our homes. bit.ly/4kmHZbGbit.lyGas stoves increase cancer risk, especially for kids, new study findsThe appliances emit benzene, a potent carcinogen. Exposure varies depending on ventilation and other factors, but there’s no safe level. 020
Aaron Cosbey @aaroncosbey.bsky.social · 09/05/2025Trump 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/452NbNvbit.ly‘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… 041
Aaron Cosbey @aaroncosbey.bsky.social · 01/05/2025Investor-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/4lRBDCZbit.lyEquinor considers suing Trump administration over halted US windfarmNorway’s state energy company’s $2.5bn project off coast of New York was almost a third finished 000
Aaron Cosbey @aaroncosbey.bsky.social · 01/05/2025The fuel levy was a victim of inherent complexity (nobody understood the rebate), poor communication (nobody knew they were getting it) and massive disinformation. As to what its absence means for Canadian climate policy, see this excellent assessment: bit.ly/4chsqiPbit.lyCanada axed the tax and made pollution cheap againChopping $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. 011
Aaron Cosbey @aaroncosbey.bsky.social · 25/04/2025OK, wait - sorry, not in 4 hours. Gotta lean into the fresh. Chilled fresh mango chunks with fresh yogurt with maple syrup drizzle, served in bowls, preferably each topped with something fun like a mint leaf, a blackberry ... 000
Reposted by Aaron CosbeyJennifer Clapp 🇨🇦 @jennifer-clapp.bsky.social · 25/04/2025"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...ft.comUN agency runs out of food in Gaza as Israel’s siege takes devastating tollExtreme hunger intensifies as Israeli politicians rebuff calls to allow supplies into shattered enclave 013
Aaron Cosbey @aaroncosbey.bsky.social · 25/04/2025Facebook 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/3YQWgFhbit.lyScam political ads on Facebook take a dark turn as Canada's election looms - The LogicThe bogus ads show politicians with black eyes and make claims of major scandals for Pierre Poilievre and Doug Ford. 000
Aaron Cosbey @aaroncosbey.bsky.social · 24/04/2025I saw that in key messages preceding the article. But I don't see that anywhere in the article itself. Unless phrases like aiming to diversify import sources *don't* mean imports to Japan, in which case I'm completely misreading. The articles you've appended, though, are clear, helpful. Thanks! 000
Aaron Cosbey @aaroncosbey.bsky.social · 24/04/2025?? I read the rest of this article as describing Japan's efforts to diversify its sources of LNG imports. 100
Aaron Cosbey @aaroncosbey.bsky.social · 24/04/2025It's not even pay for influence. It's worse. It's straight-up using the office of the President for personal enrichment. 071
Aaron Cosbey @aaroncosbey.bsky.social · 24/04/2025Why 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/3RvFckjbit.lyKazakhstan’s OPEC+ defiance could push Saudi into a painful price warKazakhstan'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. 010
Aaron Cosbey @aaroncosbey.bsky.social · 22/04/2025Conservative election platform now released, contains the zombie climate pledge that refuses to die: Canada should use Paris Agreement Article 6 to get credit for clean LNG exports. I can play the resurrection game too. Here's my 2024 piece debunking that proposal. bit.ly/40By0Zybit.lyCredit CheckDebunking the myth that Canada can get credit under Paris Agreement Article 6 for its clean energy liquefied natural gas (LNG) exports. 023
Aaron Cosbey @aaroncosbey.bsky.social · 21/04/2025@economist.com: Spanish businesses booming, standing out from rest of EU. Why? First big factor: cheap electricity. Massive build out of renewables in the grid, now @ 65% of generation = a 20% drop in prices. So: Renewables at high levels are feasible, and are an economic enabler. bit.ly/3GiaUPwbit.lySpanish business thrives while bigger European economies stallCheap energy and high immigration are the motors of success 17416
Aaron Cosbey @aaroncosbey.bsky.social · 11/04/2025This is such a great group! Stand by for our guidance on border carbon adjustment, coming later this spring/summer. 000
Aaron Cosbey @aaroncosbey.bsky.social · 01/04/2025Trump 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/4iVrZgAbit.lyExclusive: White House weighs executive order to fast-track deep-sea mining, sources sayTrump'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. 001
Aaron Cosbey @aaroncosbey.bsky.social · 01/04/2025On the issues I actually know well enough to assess (e.g., O&G emissions cap, Carney climate plan), this article is somewhere between willful ignorance and unjustified cynicism. I'm reminded of the US progressives pre-election that alleged no real difference between Trump and Harris. 030
Aaron Cosbey @aaroncosbey.bsky.social · 01/04/2025Even in the worst bad news cycle there are small comforts. bit.ly/3FNPucObit.lyHooters files for bankruptcy | CNN BusinessHooters — the restaurant chain first known for its orange-clad, all-female wait staff and then its chicken wings — filed for bankruptcy, the company announced Monday. But the decades-old brand said i... 010
Aaron Cosbey @aaroncosbey.bsky.social · 01/04/2025Canada 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/4chsqiPbit.lyCanada axed the tax and made pollution cheap againChopping $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. 033