Climate change puts health at risk and economists have the right prescription

Climate and Energy Pollution

by Chris Ragan & Courtney Howard Doctors and economists may seem like strange partners. We spend our days working on very different problems in very different settings. But climate change has injected a common and urgent vocabulary into our work. We find ourselves agreeing both about the nature of the problem and the best solution. […]

a large series of off-ramps connecting a larger road network

What “demand is inelastic” actually means

Pollution

“A carbon tax does nothing for the environment.” “Road tolls won’t affect driving habits.” “Prices don’t matter when we’re using water for everyday life.” We hear these arguments frequently when discussing ecofiscal policies. Critics might even drop a little economics jargon. But that doesn’t mean these arguments are grounded in good economics. In this blog, […]

Trudeau’s carbon tax rebate is smart – but complicated

Climate and Energy Pollution

The federal government announced this week that its carbon tax will apply in early 2019 to those provinces without their own – Saskatchewan, Manitoba, Ontario and New Brunswick. It also announced that most of the carbon-tax revenues will be returned through the income-tax system to households. With this two-part policy, the feds have designed a […]

An explainer on the federal carbon pricing backstop

Climate and Energy Pollution

Yesterday, the federal government announced the details of its carbon pricing “back-stop.” The plan lays out an approach to filling the gaps across Canada in provinces that aren’t implementing their own carbon pricing policies.  It also considers the net impacts on people in those provinces.  The upshot? The system is a simple, transparent approach to putting […]

To avoid catastrophic climate change, we need carbon pricing

Climate and Energy Pollution

On Monday, the Intergovernmental Panel on Climate Change (IPCC) released its latest report, affirming that humanity has about a decade to hold global temperature increases to 1.5 degrees C. Hours later, William Nordhaus became a co-recipient of the Nobel Prize for economics. His work was some of the first to describe how our climate and economy […]

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