Summer in Canada: time to lounge by a lake, right? Well, not if you’re part of the federal-provincial working group on carbon pricing (or, for that matter, a dedicated Ecofiscal Commission researcher…). For carbon wonks, the arrival of summer this year means we’re well into a six-month process initiated at a first Ministers meeting in […]
by Simon Altman In the first blog of our series Unpacking the Western Climate Initiative (WCI), we looked at the implications of Ontario and Quebec’s decision to link with California. In today’s blog we explore an ongoing lawsuit in California that could pose an existential threat to its cap-and-trade system, and what it might mean […]
Both Ontario and Québec have ambitious GHG reduction targets for 2030. In their effort to hit these targets both provinces have hitched their wagons to California and its integrated cap-and-trade system, the Western Climate Initiative (WCI). The stakes are high—as we’ve seen with the EU ETS system’s troubles over the last number of years, the […]
I’m getting lots of questions these days about “border carbon adjustments” (BCAs). After all, BCAs sit at the intersection of carbon policy and trade policy, and what wonk can resist that combination? So as we start to move toward broader carbon pricing policies in Canada, let’s take a closer look at BCAs in today’s blog. […]
Ecofiscal’s first report on climate policy, The Way Forward, was just awarded the Doug Purvis prize by the Canadian Economics Association. Quite apart from being a strong vote of confidence in the quality of the research and policy prescriptions contained in the report, the prize was also personally meaningful for the twelve Ecofiscal commissioners. Here’s […]
Why is it important for Canada to move away from a carbon-based economy? If we take seriously the science regarding the causes and consequences of climate change – and I certainly think we should – then the entire world will need to make a transition away from carbon-based fuels and products over the next several […]