Figure 1: Objectives and considerations for complementary climate policiesFigure 2: A Venn diagram of market barriers and failuresFigure 3: Complementary policies and the marginal abatement cost curveFigure 4: Considerations for assessing the complementarity of climate policiesFigure 5: Framework for policy evaluationFigure 6: Implications of a policy’s rationale and interactions with carbon pricing policiessFigure 7: Implications of policy design for e ectiveness and cost-e ectivenesssFigure 8: Benchmarking implicit carbon pricesFigure 9: Benchmarking the implicit carbon price of federal policy on methane emissions in the oil and gas sectorFigure 10: Breakdown of net social mitigation costs for Quebec’s PEV subsidiesFigure 11: Benchmarking the implicit carbon price of Quebec’s PEV subsidiesFigure 12: Possible mitigation costs under Alberta’s coal phase-out policyFigure 13: Benchmarking the implicit carbon price of Alberta’s electricity-sector policies
Tables
Table 1: Examples of additional, non-pricing GHG policies in CanadaTable 2: Common policy “gaps” with carbon pricingTable 3: Market failures that justify signal-boosting policiesTable 3: Market failures that justify signal-boosting policies (continued)Table 3: Market failures that justify signal-boosting policies (continued)Table 4: Policies that offer both GHG reductions and non-GHG co-benefitsTable 5: Guiding questions for describing key policy characteristicsTable 6: Key characteristics of federal policy on methane emissions in the oil and gas sectorTable 7: Expected performance of federal regulations on methane emissions in the oil and gas sectorTable 8: Expected emission reductions and costs resulting from federal policy on methane emissions in the oil and gas sectorTable 9: Key characteristics of Quebec’s policy on PEV subsidiesTable 10: Expected effectiveness and cost-effectiveness of Quebec’s PEV subsidiesTable 11: Expected emissions reductions and costs resulting from Quebec’s PEV subsidiesTable 12: Key characteristics of Alberta’s coal phase-out policyTable 13: Expected effectiveness and cost-effectiveness of Alberta’s coal phase-outTable 14: Expected emissions reductions and costs resulting from Alberta’s coal phase-out