Can pricing pollution really be good for the economy?
We asked a bunch of Canada’s top economists “Can pricing pollution really be good for the economy?” Here’s what they had to say. The answer might surprise you!
We asked a bunch of Canada’s top economists “Can pricing pollution really be good for the economy?” Here’s what they had to say. The answer might surprise you!
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I wrote my first Letter to the Editor on climate change in about 1989, and my first on carbon taxes didn’t come much later. Back then, I think it was me and Greenpeace who were saying we needed to price carbon. Now it’s 2015, and I’m glad to have been drowned out in recent years. Al Gore and David Suzuki have been too. The loudest voices on climate action and carbon pricing are now coming from the heads of the International Energy Agency, the OECD, and the World Bank.
I’m delighted that the EcoFiscal Commission has shown up on the Canadian scene. With their combined many decades of policy experience in the Canadian context, they and their Advisory Board are some heavy hitters who are not easily dismissed.
Three Provinces price carbon in three different ways; two other Provinces are actively exploring their options and gathering public input. I’m sure that the rest are taking a closer interest. I’m confident that the voice of the EcoFiscal Commission will guide all interested decision makers towards a predictable, transparent and universal price on carbon, to the benefit of our Canadian society and our future prospects for a sustainable economy on Planet Earth.
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