VANCOUVER, BC – …The study published by the Fraser Institute, Four Climate Fallacies, dispels several myths about climate change and popular—but ineffective—emission reduction policies, specifically:

• Capitalism causes climate change: …the more economically free a country is, the more effective it is at protecting its environment and combatting climate change.
• Even small-emitting countries can do their part to fight climate change: Even if Canada reduced its greenhouse gas emissions to zero, there would be little to no measurable impact in global emissions, …the main drivers of emissions, which are China, India and the developing world.
• Vehicle electrification will reduce climate risk and clean the air: …they often are not, and further, have offsetting environmental harms, reducing net environmental/climate benefits.
• Carbon capture and storage is a viable strategy to combat climate change: While effective at a small scale, the benefits of carbon capture and storage … on a massive scale are limited and questionable.