What are we reading? August 4, 2022

ditbrooke anderson photography, Getty Images

Each week, BIV staff will share with you some of the interesting stories we have found from around the web.

 

Glen Korstrom, reporter:

With airlines selling tickets to flights that they know they do not have the staff to operate, here’s a good primer on how airlines negotiate compensation and what to do to maximize offers. –  Wall Street Journal https://www.wsj.com/articles/the-science-behind-who-airlines-bump-from-a-flightand-how-to-exploit-it-11659087002

 

Was it irrational investors, excessive regulations or sketchy management that is most to blame for Canopy Growth Corp. plummeting from being seen as an industry behemoth to now being a basket case. 

This profile covers those bases, and examines how the global outlook for cannabis sales is much bleaker today than it was four years ago, when Canada legalized the plant for adult use and Constellation Brands invested $5 billion in Canopy Growth. – Globe and Mail

https://www.theglobeandmail.com/business/article-canopy-growth-cannabis-investors/

 

Nelson Bennett, reporter:

Why does Quebec pay lower carbon taxes than the rest of Canada? The Trudeau government’s federal carbon pricing backstop, after all, was intended to make all provinces pay the same carbon price, and those provinces that didn’t have a broad carbon tax, like Saskatchewan, now pay more in federal carbon taxes than Quebec does. As Robert Lyman points out in this opinion piece, Quebec’s cap-and-trade approach to carbon pricing means Quebecers pay $10 per tonne less than all other Canadians. Across Canada, Canadians now pay $50 per tonne; Quebecers pay $40 per tonne. On the other hand, Quebecers don’t get rebates, as residents of provinces like Saskatchewan do. – The Financial Post

https://financialpost.com/opinion/opinion-the-unfairnesses-in-carbon-pricing

 

Timothy Renshaw, managing editor:

If there really is an electric vehicle revolution in North America, someone forgot to tell most of the United States. Axios

https://www.axios.com/2022/08/01/states-ev-electric-cars

 

An in-depth BBC reality check for advocates of phasing out the use of plastics.

https://www.bbc.com/future/article/20220526-what-would-happen-if-we-stopped-using-plastic?ocid=global_future_rss

 

Meanwhile, shielding consumers from energy price hikes with government subsidies, tax cuts and price controls is bad for energy efficiency and conservation, according to the International Monetary Fund.

https://blogs.imf.org/2022/08/03/how-europe-can-protect-the-poor-from-surging-energy-prices/

 

And in case you are wondering about the lost continent of Lemuria, here is an update from HowStuffWorks.

https://history.howstuffworks.com/history-vs-myth/lemuria.htm