In the 20 years since it entered into force, the North American Free Trade Agreement has been both lauded and attacked in the United States. But to properly assess NAFTA’s record, it is important to first be clear about what the agreement has actually done. Economically speaking, the answer is a lot.
Once the Canada-EU trade agreement comes into force, Canadians may pay less for a range of products coming from Europe, while tariffs will also be eliminated for many Canadian exports to Europe. Here are five ways CETA will affect Canadians.
The European Parliament sent a “strong message” yesterday (5 February) in favour of an ambitious EU energy and climate policy for 2030, backing legally-binding goals for CO2 emissions, renewables and energy efficiency.
Environmental pressure groups and biofuels trade associations have joined forces to call on the European Commission to save the Fuel Quality Directive, as rumours grow that it will be terminated by a passage in the 2030 White Paper.
Although the North American Free Trade Agreement succeeded in liberalizing trade, over the 20 years since the treaty entered into force, it has failed to deepen links between the Canadian, U.S., and Mexican economies. It’s not too late to play catch-up, so policymakers should tear down the remaining barriers to complete economic integration.
In the fall of 2013 the Government of Canada finally announced that it had finalized (sort of) an agreement with the European Union for a comprehensive trade and economic agreement. I say “sort of” since all that was released was a general overview of the agreement. While a number of questions still remain about the agreement, one of the most puzzling (at least for some of us) is why it took so long for Canada and the European Union to come to an agreement. We believe that one of the reasons it took so long to finalize an agreement is that Ottawa and the provinces did not put in place a formal process for securing provincial approval of the final shape of an agreement. Negotiations began in the spring of 2009 and the Government of Canada began hinting that a deal was imminent as early as 2011. The fact that the two sides disagreed on some key issues like patent ...more
Petrol and diesel specifications are being reviewed in order to lower their environmental and health impact as well as to take into account new EU-wide targets on biofuels and greenhouse gas emissions reduction.
EXCLUSIVE / A stalled internal EU report has found that draft proposals to apply a high-polluting tag to unconventional fuels such as tar sands would have an effect on oil prices too minimal to be felt at filling stations.
Carbon-dioxide levels have increased every year, and earlier this month they reached the milestone of four hundred parts per million. No one knows exactly when levels were last this high; the best guess is the mid-Pliocene, about three million years ago, when sea levels were some seventy-five feet higher. President Obama will make a decision in the next few months about whether to approve the Keystone XL pipeline. The latest figures reveal what’s at stake.
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