This week, climate policy folks from across North and South America are converging on Toronto. A major focal point of discussion will be the role of subnational carbon pricing policy. Ecofiscal has put quite a lot of thought into the idea that provincial carbon pricing might be practical way forward here in Canada. But the […]
The Ecofiscal Commission believes that our economies can continue to grow, even as we improve the environment by polluting less and using our natural resources more efficiently. We recognize that this position rubs up against a live and interesting debate often characterized as “growth vs no growth”. While the Ecofiscal Commission’s work does not address […]
Never Waste a Good Crisis: What Can We Learn from California? California’s extreme drought continues to make headlines. No doubt Canada will feel the ripple effects, for example, through potential shocks in our commodity markets. But is there anything we can actually take away from this disaster? Our perception of Canada as a water wealthy […]
Hate traffic? You’re not alone. Economists hate it too and probably for all the same reasons you do. It costs all of us the one thing we can never get back: time. On a personal level, that’s the gut-wrenching feeling of walking in fifteen minutes late to your 9am meeting (while everyone watches). Or begging […]
Panel discusses how Ontario’s new system will create both opportunities and challenges The following article summarizing the Ecofiscal Commissions’ event with the Martin Prosperity Institute on cap-and-trade was first published by the REMI Network. On April 13, the Ontario government announced its commitment to a cap-and-trade system to reduce the province’s 165 megatonnes of annual […]
With Ontario joining Quebec and California in the Western Climate Initiative, cap-and-trade is all the talk these days. In principle, we know that it can work just as well as a carbon tax, if designed and implemented well. But cap-and-trade is clearly more complex and a little abstract. And as a result, it can be […]