Cap-and-trade Archives - Canada's Ecofiscal Commission

Nov 28 2019

Can we improve the efficiency of carbon pricing and regulations?

The release of our final report yesterday highlighted Canada’s options for bridging the gap to its 2030 targets. Bottom line? There are only a finite number of approaches. We have regulations, subsidies, and carbon pricing. But the details of how governments design and implement those policies matters just as much as the choice of approach. […]

Oct 31 2019

New Brunswick embraces carbon pricing; it should choose wisely

by Elizabeth Beale and Jonathan Arnold

Climate and Energy Cap-and-trade Carbon Pricing Carbon tax Ecofiscal Commissioners Polluter Pay Provincial Policy Revenue Recycling

Last week, in response to the results of the federal election, New Brunswick Premier Blaine Higgs announced he would look at options for implementing a carbon price in his province. It’s a policy shift that embraces a core principle of the Pan-Canadian Framework: provinces creating their own, tailored approach to pricing carbon. A made-in-New-Brunswick approach […]

Sep 10 2019

America’s reinvigorated debate on carbon pricing

by Dale Beugin

Climate and Energy Cap-and-trade Carbon Pricing Carbon tax Climate Change

Don’t look now, but the conversation around carbon pricing has some momentum in the United States. Both sides of the aisle are taking the idea as seriously as they have in a while. The IPCC report, youth mobilization, and the possibility of a Green New Deal has energized Democrats and sent Republicans off in search […]

Aug 7 2019

Carbon pricing works in Japan

by Brendan Frank

Climate and Energy Livable Cities Cap-and-trade Carbon Pricing Carbon Pricing Works

Cities stand on the front lines of climate change. They’re responsible for over 70% of global emissions and they’ll bear the brunt of damages that result. They’re also laboratories for climate policy, from ultra-low emissions zones to net-zero buildings to literal urban jungles, and now, carbon pricing. As part of our long-standing series on international […]

Jul 31 2019

Never forget about acid rain

by Brendan Frank

Pollution Air Pollution Cap-and-trade Carbon Pricing Works Clean-tech Polluter Pay

We don’t hear about acid rain much anymore—at least not in this part of the world. But the term still resonates. It was one of the first environmental issues to capture the public’s attention. I distinctly recall hearing how acid rain could chew through your bicycle or your house on the playground as a kid. […]

A dragon sits on a hilled landscape, polluting factories to its left and clean technologies to its right

Jun 12 2019

China’s sprawling approach to climate policy

by Brendan Frank

Climate and Energy Cap-and-trade Carbon Pricing China Clean-tech Climate Change Complementary Policies Green Growth

It is indisputable that getting global emissions under control requires getting China’s emissions under control. So what is China doing about it? Not only is the nation of 1.4 billion getting serious about climate change, its policy approach often resembles Canada’s. The details warrant careful unpacking. Here is the present and future of China’s climate […]

An Open Letter from Economists on Canadian Carbon Pricing

Cap-and-trade