Pricing risk to the environment works best when it’s fair

Pollution

Our latest report Responsible Risk explains how putting a price on risk to the environment can make disasters less likely. The report shows how we can use economic tools to strengthen companies’ incentives to manage environmental risks posed by their operations. In this blog, I’ll discuss why when it comes to risk pricing, one size […]

Can Ontario hit its targets without carbon pricing?

Climate and Energy Pollution

Ontario’s new government plans to dismantle the provincial cap-and-trade system and resist the federal backstop, essentially opposing carbon pricing in all forms. Though he hasn’t provided details, the premier-designate says he will “come down heavy on polluters.” Let’s take his statement seriously. What would a real plan to decarbonize Ontario look like—without a price on […]

Doug Ford victory speech after Ontario election. Ford plans to get rid of Ontario's cap-and-trade (carbon pricing) system (that he refers to as a carbon tax).

Tread Carefully: Ontario’s cap-and-trade system meets a fork in the road

Climate and Energy Pollution

Ontario elected a new government yesterday, and as far as carbon pricing is concerned, change is afoot. The province’s cap-and-trade system is working well, but the incoming Progressive Conservatives have signaled their discontent with the status quo. In this blog, we’ll look at their options—everything from leaving the WCI entirely to changing how auction revenues […]

Picture of Boston, demonstrating the US where carbon pricing is working

Carbon pricing works in the U.S.

Climate and Energy Pollution

Carbon pricing is emerging as the tool of choice to reduce emissions. More governments are relying on carbon pricing, and more evidence is piling up that it works. Ecofiscal’s latest report highlights three case studies, including one on California. Today, we’ll dive deeper into the U.S.’s other cap-and-trade system: the Northeast’s Regional Greenhouse Gas Initiative […]

Albertans are environmentalists (even if they don’t know it)

Climate and Energy Livable Cities Pollution

Canada is a decentralized, sparsely populated and very, very big country. Cultures and attitudes are often regional. Provinces don’t always see eye to eye. As an Albertan living in Ontario, these challenges have become evident in my ongoing dialogue with Albertans—especially when it comes to climate and carbon pricing. It can, on occasion, feel like we […]

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