1887

OECD Economics Department Working Papers

Working papers from the Economics Department of the OECD that cover the full range of the Department’s work including the economic situation, policy analysis and projections; fiscal policy, public expenditure and taxation; and structural issues including ageing, growth and productivity, migration, environment, human capital, housing, trade and investment, labour markets, regulatory reform, competition, health, and other issues.

The views expressed in these papers are those of the author(s) and do not necessarily reflect those of the OECD or of the governments of its member countries.

English, French

Achieving Sustainability of the Energy Sector in Canada

Energy represents a major sustainable-development challenge for Canada. In the short term, labour shortages and infrastructure bottlenecks are likely to hinder energy developments and need to be addressed. In addition, provincial fiscal management could be improved by adopting prudent allocation and withdrawal rules of revenues from non-renewable resources to and from a long-term fund. Eventually the main challenge will be to curb greenhouse gas emissions (GHGs), despite the rapid expansion of high emitting sectors. The effectiveness of environmental policies could be enhanced by better federal-provincial coordination. Efforts should be concentrated on designing and implementing an emissions-trading scheme compatible with corresponding systems abroad. Finally, effective and efficient systems of regulation and taxation are essential to facilitate the timely realisation of energy supply plans.

English

Keywords: Canada, oil sands, climate change, energy, environment, GHG emissions, biofuels
JEL: H7: Public Economics / State and Local Government; Intergovernmental Relations; H2: Public Economics / Taxation, Subsidies, and Revenue; Q4: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / Energy; Q2: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / Renewable Resources and Conservation
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