Cap-and-trade Archives - Page 5 of 9 - Canada's Ecofiscal Commission

Jul 27 2016

TLDR: Comparing Stringency of Carbon Pricing Policies

We have a new report out this week on comparing the stringency of provincial carbon pricing policies. In case you don’t have time to read it all, this blog provides quick overview of the essentials. Be sure to check out the full report for (much) more detail. Comparing stringency is important… but trickier than it […]

Jul 20 2016

Unpacking the WCI: Balancing stability and flexibility

by Jason Dion

Climate and Energy Cap-and-trade Carbon Pricing WCI Wonk Wednesday

In the previous instalment of our summer blog series Unpacking the Western Climate Initiative (WCI), we took a look at the legal uncertainty facing the California cap-and-trade system, one of two key drivers of the recent undersubscribed allowance auctions. In this blog we’ll look at the second driver—permit oversupply—and why the smart design of the […]

Jul 6 2016

Unpacking the WCI: Storm on the horizon?

by Guest Blogger

Climate and Energy Cap-and-trade Carbon Pricing Ontario Quebec WCI Wonk Wednesday

by Simon Altman In the first blog of our series Unpacking the Western Climate Initiative (WCI), we looked at the implications of Ontario and Quebec’s decision to link with California. In today’s blog we explore an ongoing lawsuit in California that could pose an existential threat to its cap-and-trade system, and what it might mean […]

Western Climate Initiative - WCI - linking - Cap-and-trade

Jun 29 2016

Unpacking the WCI: Thinking linking

by Jason Dion

Climate and Energy Cap-and-trade Carbon Pricing Quebec WCI

Both Ontario and Québec have ambitious GHG reduction targets for 2030. In their effort to hit these targets both provinces have hitched their wagons to California and its integrated cap-and-trade system, the Western Climate Initiative (WCI). The stakes are high—as we’ve seen with the EU ETS system’s troubles over the last number of years, the […]

May 27 2016

The good news and the bad in Ontario’s new climate legislation

by Chris Ragan

Climate and Energy Cap-and-trade Carbon Pricing Ontario Opinion Revenue Recycling

You may be surprised to learn this, but economists are not the same as “normal” people. The main difference relates to how the two groups think about markets and prices. Most people, including elected politicians, don’t think much about the workings of markets and prices. This is a serious problem when it leads to the […]

Ontario cap-and-trade submission - design options - Ecofiscal

Dec 16 2015

Ecofiscal Submission: Ontario Cap-and-Trade Design Options

by Chris Ragan

Climate and Energy Cap-and-trade Carbon Pricing Competitiveness

The Ecofiscal Commission firmly supports the advancement of the Ontario cap-and-trade program as a means to price carbon and reduce greenhouse gas emissions in an effective and cost-effective manner. In November, the Government of Ontario released program design options for its incoming cap and trade system that will be linked with Quebec, Manitoba and California. […]

An Open Letter from Economists on Canadian Carbon Pricing

Cap-and-trade