Steven Harper

Obama triggers first environmental dividend

Canada moves to protect U.S. market for dirty oil

The world enjoyed the first environmental dividend of an Obama presidency yesterday when a worried Canadian government proposed a joint North American action plan to address climate change.

Although it appeared that Canada's real goal was to ensure a continued U.S. market for its huge dirty-fuel tar sands project, this could still be a solid step toward a continental cap-and-trade program - which would be the first significant gesture from the world region that, so far, has been the least responsible in its approach to global warming.

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