Tuesday, November 18, 2025

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Tuesday, November 18, 2025 | Latest Paper

Will the real climate leaders please stand up?

Beyond COP28, the question is, what story will parties tell on fighting climate change when the next election comes? Will they be able to say they reigned in oil and gas emissions? Or will it be the same story about carbon pricing, more unkept promises and missed targets? 

How to think about the carbon tax setback?

It may be tempting to view the suspension of the carbon tax on oil heating as a lack of courage by political decision-makers. But the federal government’s decision also illustrates the limits of a climate strategy built around carbon pricing.