Cap-and-trade Archives - Page 3 of 9 - Canada's Ecofiscal Commission

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

Apr 25 2018

Carbon pricing works in the U.S.

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 […]

Nov 22 2017

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

by Dale Beugin

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

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 […]

Nov 15 2017

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

by Dale Beugin and Guest Blogger

Climate and Energy Cap-and-trade Carbon tax Ontario

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 […]

Jul 12 2017

Backhanded complements, redux: complementary policies and linkage

by Dale Beugin

Climate and Energy Pollution Cap-and-trade Carbon Pricing Complementary Policies Wonk Wednesday

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 […]

Mar 21 2017

How carbon pricing will drive Canadians to save

by Guest Blogger and Chris Ragan

Climate and Energy Alberta Cap-and-trade Carbon Pricing Ecofiscal Advisors Ontario Opinion

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 […]

Jan 25 2017

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

by Chris Ragan

Climate and Energy Cap-and-trade Climate Change Ontario Opinion Provincial Policy

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 […]

An Open Letter from Economists on Canadian Carbon Pricing

Cap-and-trade