Carbon-trading systems will likely be a boon to lawyers, lobbyists and arbitrage junkies, a panel on emissions trading heardย at the International Economic Forum of the Americas conference underway inย Montreal.
But it is unlikely that the requisite global trading mechanisms will be in place and working quickly enough to rescue the planet from a climate catastrophe, Michael Dorsey, an environmental studies professor at DartmouthCollege in the U.S.,ย said.
Albertans pay the highest electricity rates in the country and new gas plants for AI data centres could drive costs up further.
A new report reveals oil and gas companies knew as early as the mid-1970s that methane fueled climate change while launching massive PR campaigns to promote natural gas as clean energy.
The industry has abandoned its climate pledges in favor of fossil fuel-powered AI data centers.
The Reform leader pocketed major sums from second jobs and donor gifts.
