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 […]

Details matter for Nova Scotia’s cap-and-trade system

Climate and Energy

Nova Scotia is moving forward with a provincial cap-and-trade system. It’s great the province is embracing carbon pricing, and Ontario and Quebec have shown that cap-and-trade can work. Still, choosing carbon pricing is just the first step. Carbon pricing is the lowest-cost approach to reducing GHG emissions—but only if it’s designed well. What do we […]

Smooth transitions: Shifting from cap-and-trade to a carbon tax

Climate and Energy

by Dale Beugin, Blake Shaffer, and Trevor Tombe Members of Ontario’s PC Party have voted strongly in favour of replacing the province’s current cap-and-trade system with a federally administered carbon tax. There would be important pros and cons for such a transition, should the PCs come to power in 2018, and should they follow through […]

emissions within cap-and-trade

Backhanded complements, redux: complementary policies and linkage

Climate and Energy Pollution

Lately on the Ecofiscal blog, we’ve gone on at length about designing complementary, non-pricing policies that support — and not undermine — carbon pricing. Our focus, as always, has been policies that reduce more emissions at lower cost. But pretty clearly, some governments are also implementing some relatively high-cost ­ policies. Today, I want to […]

photo of Chris Ragan and Annette Verschuren for oped called How carbon pricing will drive Canadians to save

How carbon pricing will drive Canadians to save

Climate and Energy

by  Annette Verschuren and Chris Ragan The new carbon-pricing systems are now in effect in Ontario and Alberta, and some people are complaining that the policies sting a little. This is not surprising. Carbon pricing works precisely by raising the price of carbon-intensive goods and services, incentivizing all of us – households and businesses alike […]

Four myths about Ontario’s cap-and-trade system

Climate and Energy

Ontario’s cap-and-trade system is now in force and is the focus of much debate. Amidst all of the discussion, there is plenty of rhetoric, hyperbole, and questionable statements. Some of these have grown into large and scary myths which need to be debunked. The first myth is that the cap-and-trade system will significantly raise the […]

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