A calculated gamble

After a promising start, Canadian carbon trading has slowed. The country has much work to do if it wants to get a domestic greenhouse-gas trading market running ahead of the 2008 Kyoto deadline. By Catherine Lacoursiere

The Canadian economy continues to register healthy economic gains driven largely by its competitive energy sector. Yet its greatest challenge – driving the sustainable energy economy – may still lie ahead. In its 2004 review of Canadian energy policies, the Organisation for Economic Cooperation and Development (OECD) states that, going forward, Canada will need to balance energy production and export growth with aggressive emissions reductions.

Canada has been an early and active participant

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